Property profile

233 Interchange Park Ln Lenoir City, TN 37772

OFF-MARKET
Land
1.42 ac lot
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Property summary

AI-generated overview

This exceptional 1.42-acre commercial land parcel is strategically located at 233 Interchange Park Ln, Lenoir City, TN 37772, within the highly desirable C-4 Interchange Commercial District. Boasting exceptional visibility and accessibility, this property benefits from its position in an extremely active retail corridor along Interstate 75 and US Route 321. The site enjoys significant daily traffic counts, with 55,469 vehicles passing on I-75 and 15,903 on US Route 321, ensuring high exposure for any development. The surrounding area demonstrates robust growth, evidenced by a strong residential population and high average household incomes. Within a 7-mile radius, the population exceeds 59,311, with average household incomes reaching $125,479. This prime location is further enhanced by the proximity to established retail giants such as Chick-fil-A, Chili's, Cracker Barrel, Freddy's, Walmart, Home Depot, and Aldi, as well as the Fort Loudon Medical Center. This presents a unique opportunity for developers seeking a high-traffic, high-visibility location with strong demographics in a rapidly growing area. The property's C-4 zoning allows for a wide range of commercial uses, making it an ideal investment for various business ventures. This is a rare opportunity to acquire a significant commercial land parcel in a thriving Tennessee market.

Property profile

Verified
Property type Land
Lot 1.42 ac (61,855 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

233 Interchange Park Ln Lenoir City, TN 37772
Lenoir City metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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