Property summary
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
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Lenoir City, TNIn 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-2 in Lenoir City, TN.
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