Current Use by Public Records
- Land
Property Details for 0 Us 321
- Lot size
- 4.80 lot acres
- Property type
- Land
Description
This exceptional 4.8-acre commercial land parcel presents a compelling investment opportunity in Lenoir City, Tennessee. Located on US-321, the property boasts nearly 900 feet of road frontage, providing excellent visibility and accessibility. Currently zoned R-1, within Loudon County's Suburban Residential District, the land allows for subdivision and low-density residential development. However, its strategic position along Lenoir City's Urban Growth corridor suggests potential for future commercial zoning and annexation. Existing infrastructure includes readily available electricity and water utilities. The site's prime location is further enhanced by its proximity to a large, actively developing residential subdivision across US-321, indicating a rapidly expanding area. A median crossover at Waller Ferry Road offers access from both north and southbound lanes of US-321, providing additional access to the property's rear. The potential for future sewer access, coupled with ongoing infrastructure improvements and growth initiatives within Lenoir City, makes this a highly attractive prospect for developers seeking a foothold in a thriving community. The property's APN is 009 011.00, and the asking price is $499,000. Easy access from I-40 and I-75 makes this location highly convenient. The property is situated at the corner of US-321 and Waller Ferry Road, directly across from the Haven Hill subdivision.
Value Estimations
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AI approach
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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
- -84.278
- Latitude
- 35.8275
