257 Us-11E Bulls Gap, TN 37711

This exceptional 2.79-acre commercial land parcel is being offered via absolute auction with a starting bid of $1, with no reserve. Located in Bulls Gap, Tennessee, adjacent to a Dollar General and directly on US-11E (Andrew Johnson Highway), this property boasts impressive visibility and accessibility. The site enjoys a daily traffic count of 5,333 vehicles, further enhanced by its proximity to Interstate 81 (three miles north), which sees 38,753 vehicles daily. This strategic location offers unparalleled exposure to a substantial customer base. The property benefits from a highly desirable B-3 (Arterial) Business zoning designation, permitting a wide range of commercial uses, including retail, restaurants, and offices. Nearby amenities include a Family Dollar, post office, school, and several museums. The surrounding area demonstrates strong demographics, with a population of approximately 38,537 and an average annual household income of approximately $66,701 within a ten-mile radius. Future growth projections are positive, with anticipated growth of 5.78% within a three-mile radius from 2024-2029. This is a unique opportunity to acquire a prime commercial property at an exceptional price. The auction will take place December 9-11, 2024. The property is fee simple ownership. The address is adjacent to 257 US-11E, Bulls Gap, TN 37711.