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Property profile & analytics
OFF-MARKET Estimated value $110,000
Retail space

975 Bristol Caverns Hwy Bristol, TN 37620-9459

2,688 SF 86 ac lot Built 1979
Individually Owned 24-yr Hold Free & Clear
Property ID
US80-2334421
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1979
Total area 2,688 SF
Lot 86 ac (3,746,160 SF)
Zoning code B-3
APN 082055A A 00400
UPID US80-2334421
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$125k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$110k
Owner & transaction history
David A Merritt · 24 yrs held
David A Merritt
since 2002
Last sale
$150,000
2 recorded transactions
2002
$50,000
1987
Price N/A
Zoning & alternative use
B-3 · Bristol, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

B-3 Districts (General Business). PBD Districts (Planned Business District). M-1 Districts (Light Industrial/Business). M-2 Districts (General Industrial). M-3 Districts (Heavy Industrial). MH Districts (Mobile Home Park). F-1 Districts (Flood Plain). PRD Districts (Planned Residential). District boundaries are hereby established as shown on the most current…

Zone name General Business
General category COMMERCIAL
Zone area 4,195.60 ac
Source zoning subdivision
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