Property profile

14300 Hickory Creek Rd Lenoir City, TN 37771

FOR LEASE
Commercial land
Property ID
US80-1794701
1,696 SF 2.61 ac lot Built 1961
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2.61-acre industrial land parcel presents a rare opportunity for outdoor storage near the I-75/I-40 interchange in Loudon County. Currently configured as a gravel lot, it's ideally suited for large truck and trailer storage, a laydown yard, or similar outdoor operations. Its strategic location, just half a mile from exit 369, ensures convenient access from both interstate directions, maximizing operational efficiency. The property boasts comprehensive security features, including strategically placed security cameras, allowing for customized security measures as needed. Furthermore, the site benefits from readily available heavy power, thanks to its proximity to the adjacent LCUB substation, eliminating potential power constraints. This single-tenant property offers a unique blend of accessibility, security, and power capacity, making it an attractive investment for businesses requiring substantial outdoor storage space in a high-traffic location. The existing gravel surface provides immediate usability, minimizing upfront development costs. This is a truly exceptional opportunity to acquire a well-positioned and functional industrial land asset in a rapidly growing area. The property is zoned for commercial and industrial uses.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1961
Total area 1,696 SF
Lot 2.61 ac (113,692 SF)
Zoning code C-2
APN 053007 01200
UPID US80-1794701

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

14300 Hickory Creek Rd Lenoir City, TN 37771
Lenoir City metro Census 60301 KNOXVILLE, TN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$645k
CAP Approach CAP
by Request
Comparable Approach Comparable
$687k
Blend (final) Blend
$525k

Owner & transaction history

since 2022
Last sale
$525,000
6 recorded transactions
2022
Price N/A
2021
$525,000
2013
Price N/A
2013
Price N/A
1999
$285,000
1998
$40,000

Zoning & alternative use

C-2 · Lenoir City, TN
Zoning description

In all d istricts except the C-2 Central Business District, there shall be provided, at such time any bu ilding o r structure is erected o r enlarged o r increased in capacity, o ff-street parking spaces. The nu mber o f…

General category COMMERCIAL

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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More about this property
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