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    Highway 321 Lenoir City, TN 37771

    Sponsored
    For Sale
    $930,000

    3.1-Acre Commercial Lot in Lenoir City

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.1-acre commercial land parcel, located on Highway 321 in Lenoir City, Tennessee, presents a prime opportunity for development. Zoned for commercial use, this property is ideally situated for a variety of businesses, including retail establishments, restaurants, or medical facilities. The asking price is $930,000. The expansive lot size offers significant flexibility for design and construction, allowing for substantial building footprints and ample parking. Its convenient location on Highway 321 ensures high visibility and accessibility, attracting a large customer base. The property is located in Loudon County, Tennessee, zip code 37771, offering easy access to major transportation routes and a thriving community. This is a rare opportunity to acquire a sizeable commercial lot in a desirable location with strong potential for growth and return on investment. The property is available for sale or build-to-suit options, providing flexibility for potential buyers. Serious inquiries are encouraged to explore this exceptional investment opportunity further. Detailed site plans and zoning information are available upon request. This prime location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a strong presence in the Lenoir City market.

    Property Features for 0 Highway 321

    General Information

    Property type
    Land
    Lot Size
    135,036 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lenoir City
    County
    Loudon
    State
    Tennessee
    Longitude
    -84.2780088
    Latitude
    35.8275219

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    FAQs

    What type of property is this?
    Land - 3.1-Acre Commercial Lot in Lenoir City
    Where is this land located?
    The property is located at Highway 321 Lenoir City, TN.
    What is the asking price?
    The asking price for this property is $930,000.
    (865) 862-6412
    Request Owner's contact information
    Highway 321 Lenoir City, TN 37771
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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
    Highway 321 Lenoir City, TN 37771
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