RI Marketplace Online Auction Dec. 4-6, 2023.
Register to Bid.
±2.12 AC of Land Adjacent to Dollar General in Fayetteville, Tennessee
10,689 VPD Traffic Counts Passing Site on Huntsville Highway with Recent 6.83% Population Growth
Population of ±14,085 and Average Household Income of ±$80,911 (5-Mile Radius)
Zoned C1, Central Business District Allowing for Flexible Commercial Uses
Absolute $1 Auction - NO Reserve
Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present a ±2.12-Acre land parcel located adjacent to 3237 Huntsville Hwy in Fayetteville, Tennessee (the “Property”), approximately 2.5 miles north of the Alabama state line. This Property offers an exceptional investment opportunity via development and First BID Meets Reserve.
The Property is a ±2.12-Acre parcel situated adjacent to Dollar General with excellent visibility to traffic counts of 10,689 vehicles per day on Huntsville Highway. Within five miles of the Property, the population has grown 10.85% since 2010 with future growth anticipated between 2023 and 2028. Due to its strategic location in a growing market, the Property presents investors with a prime development opportunity with the potential for significant upside. Also, the city borders Alabama to the south, with the site being 21 miles North of Huntsville, AL and 94 miles South of Nashville, Tn.
Located in the picturesque heart of Lincoln County, Fayetteville combines a thriving local economy with steady growth, making it an appealing destination for commercial investments. The 5-mile trade area is supported by ±14,085 residents boasting an impressive average household income of ±$80,911. This offering provides the opportunity to develop an extremely well-located asset within a high growth market.
Fisher Auction Company Inc.
Tn Broker No. 00022430
Land Maps & Attachments
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