604 Volunteer Pkwy Bristol, TN 37620-3641
This 2,754 square foot medical office building in Bristol, Tennessee, presents a compelling value-add investment opportunity. Located at 604 Volunteer Parkway, this single-story, 1974-built brick structure sits on a 0.3-acre lot and is zoned B-3. Currently 100% occupied across two units with a gross lease structure, the property offers immediate cash flow. The asking price is $269,000, translating to $97.68 per square foot. High traffic counts on Volunteer Parkway ensure excellent visibility and accessibility. The building's history includes uses as an insurance and legal office, showcasing its adaptability for various commercial purposes. This fee simple ownership offers significant potential for renovation and repositioning to meet the needs of future tenants. The property's strong location and current occupancy make it an attractive investment for those seeking a stable, income-generating asset with upside potential. The property features a multi-tenant setup and is a great opportunity for a new business or an expansion of an existing one. The property's history of serving small businesses, coupled with its prime location and high traffic counts, makes it a desirable investment.
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Brian K. Rieck Music Studio (Bike/Boat/Book/etc) Store
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Simply Chiropractic Alternative Medicine Practice
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.