Skip to main content

Commercial

$1 Auction – 1.77 Acre Parcel | 13K VPD | Dollar General Adjacent | Chuckey, TN

adj. to 8226 E Andrew Johnson Hwy, Chuckey, TN 37641

Starting Bid: $1

Lot Size
1.77 acres
Price/Acre
$1
Land Type
Land
Auction Type
Absolute
Auction Start Date
Jun 24, 2024
Auction End Date
Jun 26, 2024

Investment Overview

Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present a ±1.77-acre land parcel located adjacent to 8226 E Andrew Johnson Hwy (the “Property”) in Chuckey, Tennessee. This Property offers an exceptional investment opportunity via development and FIRST BID MEETS RESERVE!

The Property is a ±1.77-acre parcel situated adjacent to Dollar General with visibility on E Andrew Johnson Hwy with traffic counts of ±13,416 vehicles per day. The Property benefits from highly favorable B-2, General Business zoning that allows for a wide variety of uses including retail, service station, office, multi-family, and many more. Due to its strategic location in a growing market, the Property presents developers with a prime development opportunity with the potential for significant upside.

Situated in the foothills of the Appalachian Mountains, Chuckey benefits from its proximity to major transportation routes such as I-81 and Highway 11E (E Andrew Johnson Hwy), providing access to nearby cities like Johnson City and Kingsport. The Property benefits from strong demographics with a population of 51,167 residents and an average household income of $61,455 within a 10-mile radius. The population has experienced 3.85% growth from 2010-2023 with 2.43% growth expected to continue through 2028.

Investment Highlights

  • ABSOLUTE $1 AUCTION | ± 1.77 Acre Parcel | 13K VPD | Dollar General Adjacent | Chuckey, TN | AUCTION JUNE 24-26, 2024
  • ±1.77 Acres of Land Adjacent to Dollar General in Chuckey, Tennessee
  • 13,416 VPD Traffic Counts on E Andrew Johnson Highway
  • 3.85% Population Growth from 2010-2023 and 2.43% Future Growth Anticipated (10-mile radius)
  • Attractive Demographics with ±51,167 Individuals and Annual Household Income of ±$61,455 (10-Mile)
  • Favorable B-2, General Business Zoning with Flexible Uses Permitted including Retail, Service Station, Grocery Store, Multi-Family, Office, and More

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s) TN: 307629

    Tennessee

Commercial

$1 Auction – 1.77 Acre Parcel | 13K VPD | Dollar General Adjacent | Chuckey, TN

Starting Bid: $1

Lot Size
1.77 acres
Price/Acre
$1
Land Type
Land
Auction Type
Absolute
Auction Start Date
Jun 24, 2024
Auction End Date
Jun 26, 2024

Investment Highlights

  • ABSOLUTE $1 AUCTION | ± 1.77 Acre Parcel | 13K VPD | Dollar General Adjacent | Chuckey, TN | AUCTION JUNE 24-26, 2024
  • ±1.77 Acres of Land Adjacent to Dollar General in Chuckey, Tennessee
  • 13,416 VPD Traffic Counts on E Andrew Johnson Highway
  • 3.85% Population Growth from 2010-2023 and 2.43% Future Growth Anticipated (10-mile radius)
  • Attractive Demographics with ±51,167 Individuals and Annual Household Income of ±$61,455 (10-Mile)
  • Favorable B-2, General Business Zoning with Flexible Uses Permitted including Retail, Service Station, Grocery Store, Multi-Family, Office, and More

Investment Overview

Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present a ±1.77-acre land parcel located adjacent to 8226 E Andrew Johnson Hwy (the “Property”) in Chuckey, Tennessee. This Property offers an exceptional investment opportunity via development and FIRST BID MEETS RESERVE! The Property is a ±1.77-acre parcel situated adjacent to Dollar General with visibility on E Andrew Johnson Hwy with traffic counts of ±13,416 vehicles per day. The Property benefits from highly favorable B-2, General Business zoning that allows for a wide variety of uses including retail, service station, office, multi-family, and many more. Due to its strategic location in a growing market, the Property presents developers with a prime development opportunity with the potential for significant upside. Situated in the foothills of the Appalachian Mountains, Chuckey benefits from its proximity to major transportation routes such as I-81 and Highway 11E (E Andrew Johnson Hwy), providing access to nearby cities like Johnson City and Kingsport. The Property benefits from strong demographics with a population of 51,167 residents and an average household income of $61,455 within a 10-mile radius. The population has experienced 3.85% growth from 2010-2023 with 2.43% growth expected to continue through 2028.

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s): TN: 307629

    Tennessee

MM Texture Background
MM Textured Background Lower