105 Meadow View RdBristol, TN 37620

Property Details for 105 Meadow View Rd

Year built

2002

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.26 AC

Property size (Sq ft)

8,320 SF

Property type

Office properties

APN

082020H A 03500 002

APU

082020HA03500002

Description

This exceptional 1,274 square foot office suite, located at 105 Meadow View Road, Suite 3, in Sullivan County, is now available. Part of Meadowview Commercial Park, this single-story building offers a convenient location on Highway 126, less than half a mile from West State Street and two miles from the Bristol Hard Rock Hotel and Casino. The suite, previously used as a body building space, features an open floor plan, ideal for a variety of businesses. The space is situated within a larger building containing six suites, with other established tenants including Good Days Child Care and Appalachian Rehabilitation and Sports Medicine. The property boasts ample paved parking with convenient door-front spaces. The location provides easy access to Interstate 81 (Exit 74a/b), Bristol Regional Medical Center, and The Pinnacle, a major shopping and dining destination. The building is classified as Class C and sits on a 2.52-acre lot. The entire building comprises 8,958 square feet, with 1,274 square feet currently vacant. A unique opportunity exists with a six-month free rent incentive offered with a five-year initial lease term. This property offers a blend of accessibility, established tenancy, and a prime location within a thriving commercial park. The property features one building with a single story. The APN is 082020HA03500.

• CAP approach

  CAP return

  Valuation

  6%

  $1,605,526

  6.5%

  $1,482,024

  7%

  $1,376,165

• Comparable approach

  Method

  Valuation

  Relative Method

  $684,986

  Geo Method

  $684,986

• Alternative Use

  Use

  Valuation

  Residential

  $1,837,709

  Hospitality

  $1,683,332

  Educational

  $1,400,512

  Medical

  $1,448,678

  Retail

  $2,178,574

Location Insight

City

Bristol

County

Sullivan

State

Tennessee

Latitude

36.5859

Longitude

-82.2309

CBSA code

28700

CBSA name

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

Property Tax & Assessments

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