adj. to 257 U.S. 11E - Commercial LAND FOR SALE


Bulls Gap, TN 37711 121,532 SF
$1 USD
954-245-3408
adj. to 257 U.S. 11E, Bulls Gap, TN for Sale
$1 USD
Commercial LAND - FOR SALE
1/6
121,532 SF

adj. to 257 U.S. 11E
Bulls Gap, TN 37711


HIGHLIGHTS

  • ABSOLUTE $1 AUCTION | ±2.79 Acre Parcel | 5K VPD | Dollar General Adjacent | Knoxville, TN Nearby | AUCTION DECEMBER 9-11, 2024.
  • ±2.79 Acres of Land adjacent to Dollar General in Bulls Gap, TN; Less than 1 Hour from Knoxville.
  • ±5,333 VPD Traffic Counts on US Highway 11E (Andrew Johnson Hwy); 3 Miles North of I-81 | ±5.78% Future Growth Anticipated from 2024-2029 (3-mile).
  • Demand Drivers Nearby: Family Dollar, USPS, Bulls Gap School, Several Museums, and more.
  • Attractive Demographics with Population of ±38,537 Individuals and Annual Household Income of ±$66,701 (10-Mile Radius).
  • Flexible B-3 (Arterial) Business Zoning for a Variety of General Commercial Uses & Activities.

OVERVIEW

Marcus & Millichap is pleased to present a ±2.79-acre land parcel located adjacent to 257 US-11E (the “Property”) in Bulls Gap, Tennessee. This Property offers an exceptional investment opportunity via development and FIRST BID MEETS RESERVE! The Property is a ±2.79-acre parcel situated adjacent to Dollar General with access and visibility on US-11E with traffic counts of 5,333 vehicles per day and three miles north of I-81 with traffic counts of 38,753 vehicles per day. The Property benefits from proximity to Family Dollar, USPS, Bulls Gap School, Archie Campbell Museum Complex, Bulls Gap Railroad Museum, and more. The Property benefits from highly favorable B-3, Arterial Business District zoning that allows for a wide variety of uses including grocery, retail, restaurant, office, residential, personal service, and many more. Bulls Gap, Tennessee, is a town in Hawkins County, situated in the northeastern part of Tennessee within the Ridge-and-Valley region of the Appalachian Mountains. The Property is positioned in a strategic location along US Highway 11E and three miles north of Interstate 81, providing convenient access to larger markets like Knoxville (about 60 miles southwest) and Johnson City (approximately 40 miles northeast). The Property benefits from strong demographics with a population of 38,537 residents and an average household income of $66,701 within a 10-mile radius. The population has experienced 4.12% growth from 2020-2024 with 4.3% growth expected to continue through 2029 within a 10-mile radius and over 5% growth expected through 2029 within a 3-mile radius.

FOR SALE DETAILS

PRICE

$1 USD

PRICE/ACRE

$0/AC

PRICE/SF

$0.0000082 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

$1 Auction – 2.79 Acre | Dollar General Adj.

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Community Center

LAND ACRES

2.79 AC

LAND SF

121,532 SF

OFFSITE IMPROVEMENTS

-

ZONING

B-3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Philip KatesMarcus & MillichapMore Info
954-245-3408

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Philip KatesMarcus & MillichapMore Info
954-245-3408

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.