105 Meadow View RdBristol, TN 37620

  • Office properties
  • 8,320 SF
For Lease
$18/SF/YR View listing

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
Property subtype
Other 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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
105 Meadow View Rd, Bristol, Tennessee

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$26,160
$208,440
$234,600
-
$65,400
$521,100
$586,500

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