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    Highway 72 Loudon, TN 37774

    For Sale
    $2,912,000

    Prime Commercial Land Near I-75

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 14.56-acre commercial land parcel presents a unique investment opportunity in Loudon, Tennessee. Strategically located just off Interstate 75, this property boasts a C-4 Interchange Commercial zoning designation, opening doors to a wide array of development possibilities. The gently rolling terrain is ideal for various commercial ventures, including hotels, quick-service and fast-casual restaurants, convenience stores and gas stations (excluding truck stops), auto and RV sales, and other retail and wholesale businesses. Its proximity to major employers like American Honda Parts, Monterey Mushroom, Kellogg's, Tennessee Packaging, and CVS Caremark, coupled with its location minutes from the Tennessee National Golf Club community, ensures high visibility and strong potential for attracting customers and employees. The asking price is $2,912,000, translating to $200,000 per acre. The property's APN is 053039 04800. Further development options may include light manufacturing or warehouse distribution, subject to rezoning. This prime location and flexible zoning make this a highly attractive investment for discerning buyers seeking significant returns in a thriving Tennessee market. The address is Highway 72 N, Loudon, TN 37774.

    Property Features for 0 Highway 72

    General Information

    Property type
    Multifamily properties
    Lot Size
    634,234 SF

    HighLights

    • $2,912,000 asking price for 14.56 acres of commercial land.
    • C‑4 Interchange Commercial zoning.
    • $200,000 per acre land value.
    • Located in Loudon, TN (37774), off I‑75, near major employers.
    • Suitable for hotels, restaurants, retail, and potential light industrial uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Map

    City
    Loudon
    County
    Loudon
    State
    Tennessee
    Longitude
    -84.374284
    Latitude
    35.7217475

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    FAQs

    What type of property is this?
    Multifamily property - Prime Commercial Land Near I-75
    Where is this multifamily property located?
    The property is located at Highway 72 Loudon, TN.
    What is the asking price?
    The asking price for this property is $2,912,000.
    What are key features of this property?
    This property features: $2,912,000 asking price for 14.56 acres of commercial land.; C-4 Interchange Commercial zoning.; $200,000 per acre land value.
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    Highway 72 Loudon, TN 37774
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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
    Highway 72 Loudon, TN 37774
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