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    OFF-MARKET
    Land

    0 Highway 321, Lenoir City, TN 37772

    5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5-acre commercial land parcel presents a remarkable investment opportunity in the thriving Lenoir City, Tennessee market. Located on Highway 321, this property boasts a highly desirable C-3 zoning designation, opening doors to a wide range of commercial development possibilities. The site benefits from its strategic location near the intersection of Highways 11 and 321, experiencing high daily traffic volume exceeding 54,000 vehicles on Highway 11 alone. Concept plans for both office and retail spaces are included, providing a solid foundation for immediate development. The seller is open to exploring build-to-suit options or lease arrangements, offering flexibility to potential buyers or tenants. All utilities are readily available on-site, simplifying the development process. Detailed utility maps are also provided. Priced at $1,750,000, this property represents a compelling chance to capitalize on the robust growth and high visibility of this prime location in Lenoir City, TN, zip code 37772. Don't miss this chance to secure a piece of Lenoir City's burgeoning commercial landscape.

    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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