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Property profile & analytics
OFF-MARKET
Office Spaces

604 Volunteer Pkwy Bristol, TN 37620-3641

2,754 SF 150 ac lot Built 1974
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US80-1210962
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1974
Total area 2,754 SF
Lot 150 ac (6,534,000 SF)
APN 082020E F 03900
UPID US80-1210962
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Brian K. Rieck Music Studio (Bike/Boat/Book/etc) Store
  • Simply Chiropractic Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
George H Galloway · 1 yrs held
George H Galloway
since 2025
Last sale
$230,000
2 recorded transactions
2025
Price N/A
2025
$230,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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