Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/2198/ Marcus & Millichap, in conjunction with RI Marketplace, 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.