109 Raytheon Road, Bristol, TN 37620
Sullivan County
Key Facts
Description
Bristol Sportsplex is a 54,250 SF indoor sports and hospitality campus on 10+ contiguous acres in Bristol, TN, anchored by tennis, pickleball, indoor soccer, fitness, and a full-service restaurant and bar. Built through a six-year arc the founders describe as Plex 1.0 and Plex 2.0, the facility now operates with a complete leadership team in place, more than 2,000 active players, and consolidated revenue that has grown 4.5× since 2021. The next chapter -- Plex 3.0 -- is the opportunity to operate a platform that no longer needs to be built. The infrastructure is in place. The brand is established regionally. The City of Bristol partners on the outdoor pickleball facility. National tournament hosting is established. Multiple revenue centers are operating. Approximately five acres of contiguous development land are included. A featured growth lane -- a structured birthday parties and corporate events program -- is built and ready to run. Offered as an all-in sale: real estate, building, operating business, brand, and team. Few opportunities in this category offer this combination of established operations, diversified revenue, real estate holdings, expansion land, and regional category leadership. Bristol Sportsplex is not a startup. It is a platform. Plex 3.0 belongs to whoever is prepared to operate it. All information contained herein is gathered from third-party sources, tax records, and property owner reports, and is subject to buyer and buyer's agent verification.
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Year Built
1975
Living Area
54,250 sq ft
Lot Size
10.00 acres
Lot Dimensions
See Acreage
Zoning
B3
Days on Market
1
MLS® Listing#
9996400
Property Features
Cooling
Heating
Construction
Roof
Sewer
Water Source
Financial Details
HOA
None
Parcel Number
037n A 028.00
Directions
*GPS Friendly* Bristol Sportsplex, right off 11E on Bluff City Highway in Bristol.
Affordability Calculator
$1,199,000
Estimated monthly payment
$31,908/mo
Principal $4,796,000 · Est. interest $6,690,847 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Bristol, TN
- $333,871
- Median Listing Price
- 52
- Median Days on Market
- 1,935
- Median Sq Ft
- $169
- Median Price / Sq Ft
- 143
- Active Listings
- This home’s price is 1696% above the area median.
- Its price per sq ft is 35% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Bristol, TN.
Location
Points of Interest in Bristol, TN
Showing the Bristol area map.
Nearby Schools
Haynesfield Elementary School
Elementary · 1.6 mi away
Brookside Baptist Academy
School · 1.8 mi away
Tennessee High School
Secondary · 2.1 mi away
Anderson Elementary School
Elementary · 2.3 mi away
Mountain Empire Baptist School
School · 2.3 mi away
Holston View Elementary School
Elementary · 2.4 mi away
Vance Middle School
Secondary · 2.5 mi away
Weaver Elementary School
Elementary · 2.5 mi away
Central Elementary School
Elementary · 2.5 mi away
Tennessee Online Public School
Secondary · 2.6 mi away
Avoca Elementary School
Elementary · 2.7 mi away
Akerd Memorial Elementary School
Elementary · 2.7 mi away
Tennessee Avenue Christian Academy
School · 2.7 mi away
Stonewall Jackson Elementary School
Elementary · 2.8 mi away
Fairmount Elementary School
Elementary · 3.0 mi away
Virginia Middle School
Elementary · 3.6 mi away
Graham Bible College
School · 3.6 mi away
Sullivan East High School
Secondary · 3.7 mi away
St. Anne Catholic School
Secondary · 3.8 mi away
Apple Academy
Elementary · 3.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 100 Sportsway Drive, Bristol, TN | $4,500,000 | — | — | 630 |
| 383 South Tva Road, Bristol, TN | $4,950,000 | — | — | 10,824 |
| 383 South Tva Road, Bristol, TN | $4,950,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Bristol
Listing Courtesy: The Addington Agency Bristol - 4238455800
Presented by: Garrett Addington