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Prime Land in Gray, TN
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5568 Bobby Hicks Hwy, Johnson City, TN 37615

42-acre commercial land with highway access in Gray, TN.

Property Size760 SF
Lot Size42.00 Acres
Price / SF$4,078
Days on Market1018

Property Features for 5568 Bobby Hicks Hwy

General Information

Standard status Active
Size 760 SF
Lot size 42.00 Acres
Property subtype Land
Listing Agency: Interstate Realty Company
Listed By: Chase Roswall · License #TN 364321
Source: Crexi
Added: Jan 5, 2024 Changed: Oct 16 Last Checked: Oct 19 at 6:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Interstate Realty Company

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Investment Insights

Based on property information with market context.

This 42-acre tract of land is located in Gray, Tennessee, and offers convenient access to the highway and Interstate 26. The site is suitable for a commercial shopping center, housing development, or an industrial complex. It features over 760 square feet of road frontage on Bobby Hicks Highway, situated one mile from I-26 and less than five miles from the Tri-Cities Airport.

Key Highlights

  • 42‑acre tract ideal for commercial, residential, or industrial development.
  • Excellent location in Gray, TN, with easy highway and I‑26 access.
  • Boasts over 760 SF of road frontage on Bobby Hicks Hwy.

Property Analytics

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Suggested Use

Top Pick Auto Repair Shop Dental Office Real Estate Agency Building Supply Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

161
Businesses Nearby

Demographics for 37615, TN

22,151
Population
9,946
Households
2.2
Avg Household Size
43
Median Age
40%
College-Educated
95%
High-School Grad
37.6 sq mi
ZIP Area
589
Density / Sq Mi
$75,556
Median Household Income
$43,758
Median Earnings
$966
Median Rent
$261,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - 42-acre commercial land with highway access in Gray, TN.
Where is this commercial land located?
The property is located at 5568 Bobby Hicks Hwy Johnson City, TN.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: 42‑acre tract ideal for commercial, residential, or industrial development.; Excellent location in Gray, TN, with easy highway and I‑26 access.; Boasts over 760 SF of road frontage on Bobby Hicks Hwy.
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