Property profile

502 State St Bristol, TN 37620

OFF-MARKET
Turn key restaurants
Property ID
US80-1220606
7,560 SF 28 ac lot Built 1900
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,560 SF
Lot 28 ac (1,219,680 SF)
APN 082021A A 05200
UPID US80-1220606

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

502 State St Bristol, TN 37620-5910
Bristol metro Census 42703 KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$380k

Owner & transaction history

since 2019
5 recorded transactions
2019
Price N/A
2015
$460,000
2012
$375,000
2006
$87,500
1989
$35,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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