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3K Vpd, Dollar General Adjacent

Chuckey, TN 37641

Greene County, Tennessee

1.77 Acres
Land Auction
June 26, 2024 12:00 PM
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Land Description

RI Marketplace Online Auction June 24-26, 2024.

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Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present a ±1.77-Acre land parcel located adjacent to 8226 E Andrew Johnson Hwy (the “Property”) in Chuckey, Tennessee. This Property offers an exceptional investment opportunity via development and First BID Meets Reserve.

The Property is a ±1.77-Acre parcel situated adjacent to Dollar General with visibility on E Andrew Johnson Hwy with traffic counts of ±13,416 vehicles per day. The Property benefits from highly favorable B-2, General Business zoning that allows for a wide variety of uses including retail, service station, office, multi-family, and many more. Due to its strategic location in a growing market, the Property presents developers with a prime development opportunity with the potential for significant upside.

Situated in the foothills of the Appalachian Mountains, Chuckey benefits from its proximity to major transportation routes such as I-81 and Highway 11E (E Andrew Johnson Hwy), providing access to nearby cities like Johnson City and Kingsport. The Property benefits from strong demographics with a population of 51,167 residents and an average household income of $61,455 within a 10-mile radius. The population has experienced 3.85% growth from 2010-2023 with 2.43% growth expected to continue through 2028.

John Roebuck

Fisher Auction Company Inc.

License: 1702

Tn Broker No. 00022430

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