Property profile

0 Us-321 Lenoir City, TN 37772

OFF-MARKET
Land
5 ac lot
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Property summary

AI-generated overview

This exceptional five-acre commercial land parcel presents a unique investment opportunity in the thriving Lenoir City, Tennessee market. Located directly on US-321, this property boasts high visibility and easy access, making it ideal for a wide range of commercial developments. The zoning is designated C-3, allowing for diverse commercial uses, subject to city approvals. The expansive lot size offers ample space for construction of a significant commercial building or development project. With its prime location and flexible zoning, this property is perfectly positioned to capitalize on the area's growth and strong economic activity. Utilities are available, although specific connections and costs should be verified independently. The property is offered for lease, presenting a compelling opportunity for businesses seeking a strategic location with significant development potential. Interested parties are encouraged to conduct their own due diligence regarding zoning regulations, utility availability, and environmental considerations. This is a blank canvas for a visionary commercial project in a rapidly developing area. The property's location on US-321 ensures high traffic volume and excellent exposure. Serious inquiries only. Contact us to discuss lease terms and explore the possibilities.

Property profile

Verified
Property type Land
Lot 5 ac (217,800 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Us-321 Lenoir City, TN 37772
Lenoir City metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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