Bluff City Commercial Property For
For Sale
$599,000
2988 E Highway 11e, Bluff City, TN 37618
COMMERCIAL - Bluff City, TN
Property Size2,440 SF
Lot Size1.64 Acres
Price / SF$245.49
Days on Market296
Property Features for 2988 E Highway 11e
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B3
Subdivision
Not In Subdivision
Directions
On Highway 11E across from South Entrance of Bristol Motor Speedway
Standard status
Active
APN
067o A 006.00
Size
2,440 SF
Lot size
1.64 Acres
Taxes and HOA fees
Tax Annual Amount
3913
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Public
Building Details
Year built
1948
Building materials
Brick
Roof type
Shingle
Listing Agency:
RE/MAX Preferred
(423) 282-1817
Listed By:
Tim Carter · License #319947
(423) 967-2626
Added: Oct 14, 2025
Changed: Aug 4
Last Checked: Aug 5 at 2:06PM
MLS# 9987054
Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial property is located in Bluff City, Tennessee, and offers a high-traffic location across from the Bristol Motor Speedway. The property, previously used as a service station and two single-family homes, has road frontage on both the front and back. The lot size is 1.64 acres. The property is zoned B3 and has a building size of 2440 square feet. This property is suitable for gas stations, automotive properties, retail properties, and auto shops.
Key Highlights
- Prime location directly across from Bristol Motor Speedway
- High traffic area ideal for business
- Road frontage on both front and back of the property
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.2k | $23.04 |
| − Vacancy | −$2.4k | −$0.97 |
| EGI | $53.9k | $22.07 |
| − OpEx | −$16.2k | −$6.62 |
| NOI | $37.7k | $15.45 |
2,440 SF · lease $23.04/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$538.6K
$471.3K – $628.3K
NOI $37,700 @ 7.0% cap · market cap 6.29%
Second Best
Specialty Retail
$368.6K
$322.5K – $430.1K
NOI $25,803 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$913.7K
$799.5K – $1.07M
NOI $63,962 @ 7.0% cap · market cap 10.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Explore this area
Business Placement
Demographics for 37618, TN
12,729
Population
6,250
Households
2
Avg Household Size
47
Median Age
17%
College-Educated
88%
High-School Grad
69.3 sq mi
ZIP Area
184
Density / Sq Mi
$58,413
Median Household Income
$37,003
Median Earnings
$880
Median Rent
$174,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Gas station - Prime commercial real estate near Bristol Motor Speedway.
Where is this gas station located?
The property is located at 2988 E Highway 11e Bluff City, TN.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Prime location directly across from Bristol Motor Speedway; High traffic area ideal for business; Road frontage on both front and back of the property
