337 Bluff City HwyBristol, TN 37620

Property Details for 337 Bluff City Hwy

Year built

1963

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

150.00 AC

Property size (Sq ft)

7,622 SF

Property type

Office properties

APN

082037D F 01200

APU

082037DF01200

Description

This exceptional 455-square-foot industrial property, located at 335 New Road #4C, presents a fantastic opportunity for a single-tenant user. The building, zoned I-3, is a single-story structure offering versatile space ideal for light industrial, warehouse, or storage needs. Light manufacturing is also a possibility, or the space could be adapted for office use. The property features convenient access and a central location, making it an attractive option for businesses seeking efficient operations. With a total of four parking spaces available, employee and client parking is readily accommodated. The property's APN is 2100084040001708. This single-suite building offers a straightforward and efficient layout, minimizing operational complexities. The property's size is perfectly suited for smaller businesses or those seeking a cost-effective solution for their storage or production requirements. Its central location ensures easy access to transportation routes and local amenities, enhancing both operational efficiency and employee convenience. The I-3 zoning provides flexibility for a range of permitted uses, making this property a truly versatile investment. Don't miss this chance to secure a well-located, functional industrial space.

• CAP approach

  CAP return

  Valuation

  6%

  $1,472,046

  6.5%

  $1,358,812

  7%

  $1,261,754

• Comparable approach

  Method

  Valuation

  Relative Method

  $627,519

  Geo Method

  $627,519

• Alternative Use

  Use

  Valuation

  Residential

  $1,684,927

  Hospitality

  $1,543,384

  Educational

  $1,284,077

  Medical

  $1,328,239

  Retail

  $1,997,454

Location Insight

City

Bristol

County

Sullivan

State

Tennessee

Latitude

36.5696

Longitude

-82.1919

CBSA code

28700

CBSA name

KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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