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    Retail properties & Spaces

    - Lenoir City Town Creek Rd, Lenoir City, TN 37772

    1 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional opportunity presents 1 to 50 acres of prime land within the Town Creek Parkway development in Lenoir City, Tennessee. Located in a designated Opportunity Zone, this property boasts a strategic position in one of East Tennessee's fastest-growing communities, offering unparalleled access to West Knoxville, area lakes, and the gateway to the Great Smoky Mountains. The site is part of a larger 200-acre mixed-use development, featuring pad-ready sites ideal for a variety of projects, including retail, shopping centers, office buildings, and multi-family residential developments. Lots range in size from one to forty acres, all graded and ready for immediate development. This location provides exceptional visibility from I-75 and Highway 321, ensuring high traffic exposure for any business. The area offers convenient access to major transportation arteries, including the I-40/I-75 split (just two miles away), and benefits from a strong local economy with nearby schools, hospitals, and a substantial workforce. This is an exceptional opportunity for investors and developers seeking a prime location in a thriving market. The property is situated in Loudon County, Tennessee, with a zip code of 37772. The land is classified as both agricultural and commercial, offering flexibility for diverse development plans.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Lot 1 ac (43,560 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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