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Commercial Land at Highway Intersection

Highway 321, Lenoir City, TN 37771

For Sale
$1,625,000
Pending

Lots & Acreage, Lenoir City, TN

Property SizeContact for details
Lot Size5.00 Acres
Days on Market762

Property Features for Highway 321

General Information

Property type Land
Property subtype Other
Zoning description Zoned Commercial
Lot features Rolling, Wooded, Corner Lot, Rolling Slope
Directions Interstate 40W to exit 364. Turn left. Property on right.
Subdivision Loudon County - 32
Standard status Pending
APN 005 003.00
Lot size 5.00 Acres

Taxes and HOA fees

Tax Annual Amount 597
Listing Agency: Keller Williams Signature · Keller Williams Realty
Listed By: Josh Belcher · License TN #330085
Added: Oct 14, 2024 Changed: Aug 19 Last Checked: Nov 14 at 2:06AM
MLS# 1279419

Copyright © 2026 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.

Rey
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Investment Insights

Based on property information with market context.

Approximately 5 acres of commercial land are available near the intersection of Interstate 40 and US Highway 321 in Lenoir City. The seller is willing to subdivide the tract, subject to the final arrangement. Gas and electricity are available on the property, while water service would need to be extended beneath Highway 321.

Access improvements remain the purchaser’s responsibility, including an entrance and acceptable access easement. Sewer capacity improvements and relocation of a lift station would be required to accommodate the entrance under city requirements. Stormwater would need to be retained on the purchaser’s property.

Key Highlights

  • 5 acres of commercial land
  • Near the intersection of Interstate 40 and US Highway 321
  • Seller willing to subdivide approximately 5 acres

Property Analytics

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Location Intelligence

Trade Area within ½ mile

21
Businesses Nearby

Demographics for 37771, TN

16,822
Population
7,573
Households
2.2
Avg Household Size
40
Median Age
19%
College-Educated
86%
High-School Grad
50.1 sq mi
ZIP Area
336
Density / Sq Mi
$62,338
Median Household Income
$33,330
Median Earnings
$946
Median Rent
$236,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Lenoir City

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land near Interstate 40 and US Highway 321 with gas and electricity available on site.
Where is this commercial land located?
The property is located at Highway 321 Lenoir City, TN.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: 5 acres of commercial land; Near the intersection of Interstate 40 and US Highway 321; Seller willing to subdivide approximately 5 acres
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