1836 Volunteer PkwyBristol, TN 37620
- Retail properties
- 7,424 SF
Property Details for 1836 Volunteer Pkwy
- Year built
- 1973
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 226.00 AC
- Property size (Sq ft)
- 7,424 SF
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 082053A G 01310
- APU
- 082053AG01310
Description
This 3,200 square foot single-tenant building, situated on 0.9 acres in Sullivan County's Tri-Cities submarket (Bristol - Bristol Motor Speedway cluster), presents a unique investment opportunity. Constructed in 1985 and extensively renovated in 2020, the property boasts a 16-foot ceiling height and a completely open floor plan due to its free-span construction, offering exceptional flexibility for various uses. The building is fully spray-foamed for superior insulation. While previously used as business offices, the recent renovations have prepared it for retail or flex space. Its location within two miles of the Bristol Motor Speedway ensures high daily traffic counts, making it an ideal location for businesses seeking high visibility. The property is classified as Class C and features one single-story building. Parking is shared. The building is serviced by BTES power and does not include elevators. The property is currently entirely vacant and ready for immediate occupancy. This adaptable space offers a compelling combination of location, flexibility, and recent renovations, making it an attractive option for a wide range of businesses.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,105,955
- 6.5%
- $1,943,959
- 7%
- $1,805,105
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,540,269
- Geo Method
- $1,540,269
-
Alternative Use
- Use
- Valuation
- Residential
- $1,639,802
- Hospitality
- $1,502,050
- Educational
- $1,249,688
- Medical
- $1,292,666
- Retail
- $1,943,959
Location Insight
- City
- Bristol
- County
- Sullivan
- State
- Tennessee
- Latitude
- 36.5504
- Longitude
- -82.224
- CBSA code
- 28700
- CBSA name
- KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].