The Bristol Mall Has Been Auctioned Off For The Opening Bid Of 2 Million Dollars. The Unknown Buyer Is A Noteholder On The Property. According To Tax Records, The Mall Property Is Valued At 2.24 Million Dollars And The Buildings Are Worth 14.6 Million. The Mall Last Sold For 18 Million Dollars In 2006. A Number Of Stores Have Closed Or Moved Out Of The Mall On The Gate City Highway In The Past Couple Of Years Including J.C. Penney And Belk, Which Moved To The Pinnacle Development At Exit 74 Off Interstate 81 In Bristol, Tennessee.