840 N St Lenoir City, TN 37772
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.