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Financial
Distress signals
Property profile

621 Commonwealth Ave Bristol, VA 24201

OFF-MARKET
Commercial real estate
Property ID
US87-1648527
2,340 SF 0.13 ac lot Built 1971
Last sale Feb 2025 · $172,500
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 0.49-acre commercial/industrial zoned property located at 621 Commonwealth Ave, Bristol, VA 24201, is offered at $199,900. The building, previously used as a medical office, presents a fantastic opportunity for a variety of businesses. Its prime location in Bristol, Virginia offers excellent visibility and accessibility. The property is owned by the Doss Estate and is ready for immediate occupancy. While some renovation may be desired, the existing structure provides a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$222k
Assessed land$32k
Assessed improvement$190k
Effective rate1.12%

Value estimate

· Oct 2026
$285k
$257k – $314k
AI approach$285k

Realmo valuation models over county records and 20 qualifying comparable sales.

Recently sold

What actually traded nearby?
$90/SF
ZIP average, outlier-cleaned · 93 recorded sales of this use type
Observed band · Q1–Q3$33 – $136
Qualifying comparables20

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBRISTOL CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply15.9
Realty agency15.1
Wholesale Shop14.0

Location

621 Commonwealth Ave Bristol, VA 24201-3319
County assessor Recorded deeds · 1 transfer 20 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
570 Commonwealth, Bristol, VA 24201-3822 $360,000 Dec 2025 3,008 SF
2313 State, Bristol, VA 24201-3645 $100,000 May 2025 2,544 SF
1229 State, Bristol, VA 24201-3716 $235,000 Apr 2025 2,130 SF
135 Seward, Bristol, VA 24201-3711 $65,000 Aug 2024 2,904 SF
127 Moore, Bristol, VA 24201-4346 $98,000 Jul 2024 2,102 SF
300 Janie Hammitt, Bristol, VA 24201-5257 $78,000 Feb 2024 2,601 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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