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Property profile & analytics
OFF-MARKET Estimated value $3,950,000
Commercial real estate

950 Hwy 321st N Lenoir City, TN 37771-6400

8,975 SF 2.81 ac lot Built 2021
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US80-1216867
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2021
Construction FRAME
Total area 8,975 SF
Lot 2.81 ac (122,404 SF)
Zoning code C-3
APN 053015 07400
UPID US80-1216867
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
AI Approach AI
$3.95M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.63M
Blend (final) Blend
$3.95M
Owner & transaction history
Town Creek Pointe LLC · 2 yrs held
Town Creek Pointe LLC
since 2024
Last sale
$4.0M
3 recorded transactions
2024
$4.0M
2017
$900,000
2015
Price N/A
Zoning & alternative use
C-3 · Lenoir City, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

408. C-3, Highway Commercial District. The C-3, Highway Commercial District is established to p rovide for g eneral commercial activity along major collectors and arterial highways. The regulations are designed to encourage the proper development of commercial areas in such a manner as to d iscourage the p roblems no rmally associated with strip commercial d…

Zone name Highway Commercial District
General category COMMERCIAL
Zone area 1,852.31 ac
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