For Sale
$499,000

0 Us 321Lenoir City, TN 37771

4.8 Acres, US-321 Frontage, High Growth

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 4.8-acre commercial land parcel presents a compelling investment opportunity in Lenoir City, Tennessee. Located on US-321, the property boasts nearly 900 feet of road frontage, providing excellent visibility and accessibility. Currently zoned R-1, within Loudon County's Suburban Residential District, the land allows for subdivision and low-density residential development. However, its strategic position along Lenoir City's Urban Growth corridor suggests potential for future commercial zoning and annexation. Existing infrastructure includes readily available electricity and water utilities. The site's prime location is further enhanced by its proximity to a large, actively developing residential subdivision across US-321, indicating a rapidly expanding area. A median crossover at Waller Ferry Road offers access from both north and southbound lanes of US-321, providing additional access to the property's rear. The potential for future sewer access, coupled with ongoing infrastructure improvements and growth initiatives within Lenoir City, makes this a highly attractive prospect for developers seeking a foothold in a thriving community. The property's APN is 009 011.00, and the asking price is $499,000. Easy access from I-40 and I-75 makes this location highly convenient. The property is situated at the corner of US-321 and Waller Ferry Road, directly across from the Haven Hill subdivision.

Highlights

  • 4.8-acre commercial land parcel in Lenoir City, TN.
  • Nearly 900 feet of US-321 frontage provides excellent visibility and accessibility.
  • Currently zoned R-1, but prime location suggests potential for future commercial zoning.
  • Utilities readily available (electricity and water); potential for sewer access.
  • $499,000 asking price; APN 009 011.00.

Property Details for 0 Us 321

Property type
Land
Lot Size (sq. ft)
209,088 SF

Location Insight

City
Lenoir City
County
Loudon
State
Tennessee
Latitude
35.8275219
Longitude
-84.2780088
Us 321, Lenoir City, Tennessee

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0 Us 321
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