840 N St Lenoir City, TN 37772
- Retail properties
- 5.90 lot acres
Current Use by Public Records
- Retail properties
Property Details for 840 N St
- Lot size
- 5.90 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 5.9-acre commercial property, located at 840 US-321 N in Lenoir City, Tennessee (zip code 37772), presents a lucrative investment opportunity. The property boasts approximately 271 feet of frontage on Highway 321 N, ensuring excellent visibility and accessibility. With a high daily traffic count of 22,000 vehicles, this location offers unparalleled exposure for any commercial venture. The land is zoned for commercial use and includes a newly renovated 2,801 square foot office building. All utilities are readily available, including municipal water and sewer services, electricity, gas, and internet access. The property features rolling topography and has easements for pipelines. The asking price is $1,945,000, with a net operating income (NOI) of $64,379. The property's tax parcel IDs are 015 178.00 and 015 191.00. This versatile property is suitable for a variety of commercial uses, including retail, multifamily, and hospitality, and adjacent parcels are available for expansion. This is a rare opportunity to acquire a prime commercial property in a thriving market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lenoir City
- County
- Loudon
- State
- Tennessee
- Longitude
- -84.2656
- Latitude
- 35.8173
