This exceptional 2.49-acre commercial land parcel in Norris, Tennessee, presents a compelling investment opportunity. Located on Little Senator Circle in Anderson County, this property boasts 419 feet of road frontage, providing excellent visibility from Highway 61. Its strategic location near the rapidly developing Norris Clinton Exit offers significant growth potential. Currently, the land is priced at $799,000. Existing buildings on the property are occupied by businesses with leases expiring in December 2023, allowing for flexibility in future development or use. This presents a unique chance for redevelopment or to establish a new business. The property's zoning is commercial, permitting a wide range of uses. Note that two adjacent parcels are available for separate purchase: a one-acre parcel with a shopping center building (135 Little Senator Cir) and a 2.41-acre vacant lot. Prospective buyers are advised to conduct their own due diligence to confirm all details. This property offers a versatile canvas for entrepreneurs, investors, and developers seeking a strategic location in a thriving area. The zip code is 37716.

Property type Land

Lot 2.49 ac (108,464 SF)

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Little Senator Cir Clinton, TN 37716

Clinton metro

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6 recent transactions · within 1.5 mi

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1 SF

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Value Estimation by Request
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Value Estimation by Request
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Value Estimation by Request
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Value Estimation
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