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    9011 Highway 321 Lenoir City, TN 37771

    For Sale
    $5,950,000

    LAND - Lenoir City, TN

    Lot size:
    124.00 Acres
    Days on Market:
    125
    Last Refresh:
    Dec 8 at 8:06 am

    Property Features for 9011 Highway 321

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    005 003.00
    Lot size
    124.00 Acres

    Utilities

    Utilities
    Cable Available

    Keller Williams Realty (865) 694-5904 [email protected]

    Listing agent Josh Belcher (865) 661-7175

    Listing date Aug 6, 2025

    Copyright © 2025 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Development Land I-40 Frontage

    This property offers approximately 124 acres of land suitable for development, providing convenient access to Interstate 40, the Oak Ridge tech corridor, Lenoir City, and the Roane County business park. The site features views of the surrounding mountains and is located at the corner of I-40E and Highway 321N at exit 364 in Lenoir City. It includes over 2,000 feet of frontage along Interstate 40. The seller is open to subdividing the land and selling commercial out parcels. Electric and a natural gas pipeline are located on the property. Water and sewer services are accessible across Highway 321. The sale includes parcel ID numbers 002 094.00, 002O A 001.00, 002 093.00, and 005 003.00. A separate 5-acre parcel at the corner of I-40 and Highway 321, near the entrance, is not included in this sale and is to be developed by the purchaser. All measurements and tax information are approximate.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Auto Parts Store Food Market Grocery Store Garden Center Discount Store Travel Agency Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lenoir City
    County
    Loudon
    State
    Tennessee
    Longitude
    -84.325676
    Latitude
    35.872534

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    FAQs

    What type of property is this?
    Commercial land - 124 acres with I-40 frontage, development opportunity in Lenoir City.
    Where is this commercial land located?
    The property is located at 9011 Highway 321 Lenoir City, TN.
    What is the asking price?
    The asking price for this property is $5,950,000.
    What are key features of this property?
    This property features: - Prime development opportunity with approximately 124 acres and over 2,000' of Interstate 40 frontage.; - Easy access to Interstate 40, Oak Ridge tech corridor, Lenoir City, and Roane county business park.; - Located at the corner of I-40E and Hwy 321N (exit 364) in Lenoir City.
    (865) 661-7175
    Request Owner's contact information
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    Lenoir City, TN 37771
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9011 Highway 321 Lenoir City, TN 37771
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