870 Choctaw Dr, Chuckey, TN 37641

7.35 Acres of Commercial Land Offered at $1.00 USD in Chuckey, TN 37641

Asking Price $1

Property Type
Land
Square Feet
320,166 SF

Listing Contacts

Philip Kates
Adam Sklaver
Kyle Hynes
Jody McKibben

Property Overview

RI Marketplace Online Auction June 24-26
Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace
Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present a ±7.35-acre land parcel located adjacent to 870 Choctaw Drive (the “Property”) in Chuckey, Tennessee. This Property offers an exceptional investment opportunity via development and FIRST BID MEETS RESERVE!
The Property is a ±7.35-acre parcel situated across from Dollar General with access and visibility on Choctaw Drive. The Property benefits from highly favorable A-1, General Agriculture and R-1, Low Density Residential zoning that allows for a wide variety of uses including single-family dwellings. 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
c/o Fisher Auction Company Inc.
License: 1702
TN Broker No. 00022430

Property Details

Property Subtype
Commercial

Highlights

  • Auction Site: https://rimarketplace.com/auction/2006/1-auction-7.35-acre-parcel-chuckey-tn
  • ABSOLUTE $1 AUCTION | ± 7.35 Acre Parcel | Chuckey, TN | AUCTION JUNE 24-26, 2024
  • 3.85% Population Growth from 2010-2023 and 2.43% Future Growth Anticipated (10-mile radius)
  • Attractive Demographics with ±51,167 Individuals and Annual Household Income of ±$61,455 (10-Mile)
  • Access/Visibility via Choctaw Dr near E Andrew Johnson Hwy with 13,416 VPD Traffic Counts
  • Favorable A-1 and R-1 Residential Zoning with Flexible Uses Permitted

All available spaces

Space
Lot 1
Size
320,166 SF
Price
$1

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