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Property profile & analytics
OFF-MARKET Estimated value $1,555,000
Retail space

740 Volunteer Pkwy 750 Bristol, TN 37620-3899

6,600 SF 1.52 ac lot Built 2008
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US80-1859324
Property summary
AI-generated overview

Bristol Crossings offers 13,530 square feet of retail space in a two-building strip center situated on a 1.83-acre lot. Built in 2008, this property boasts ten suites, with 3,000 square feet currently vacant, divisible into spaces as small as 1,000 square feet. The center enjoys a highly visible location on Volunteer Parkway, a heavily trafficked thoroughfare with over 22,000 cars passing daily. This established retail corridor features over 1 million square feet of retail space within a one-mile radius, ensuring high visibility and foot traffic. The property benefits from a strong residential base, with over 35,000 residents within a three-mile radius. Its strategic location less than a quarter-mile from Bristol Tennessee High School and Bristol Tennessee Middle School provides additional daytime traffic and visibility. Strong anchor tenants such as Papa John's and other established businesses like McDonald's, Advanced Auto Parts, Taco Bell, Big Lots, and Citizens Bank, further enhance the property's appeal and draw significant customer traffic. This presents a unique opportunity for businesses seeking high-traffic exposure in a thriving retail environment. No elevators are present in the buildings.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2008
Construction FRAME
Total area 6,600 SF
Lot 1.52 ac (66,211 SF)
APN 082020L D 00300
UPID US80-1859324
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
  • Papa John's Pizza Restaurant
  • Sun Credit Loan Service
  • Parkway Vapor (Bike/Boat/Book/etc) Store Alternative Medicine Practice
  • Roy Roger's Happy Trails Music Shop (Bike/Boat/Book/etc) Store
  • Handcrafted Cuts Barbershop Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.74M
CAP Approach CAP
$1.57M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.56M
Owner & transaction history
Dhtushma LLC · 4 yrs held
Dhtushma LLC
since 2022
Last sale
$1.8M
4 recorded transactions
2022
$1.8M
2017
Price N/A
2007
$175,000
2004
$104,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $2.3M +405.1%
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