For Sale
$5,950,000

9011 Us-321 Lenoir City, TN 37771

Tennessee Farmland - Development Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 124-acre property presents a significant development opportunity in Lenoir City, Tennessee. Strategically located at the intersection of I-40E and Highway 321N (exit 364), this expansive tract boasts over 2,000 feet of highway frontage along Interstate 40, providing unparalleled visibility and accessibility. The land offers sweeping mountain views and is zoned for both commercial and residential use, opening doors to a variety of development possibilities. The seller is open to subdividing the property and selling commercial outparcels, making it ideal for mixed-use projects. Existing infrastructure includes an on-site electric and natural gas pipeline, with water and sewer services readily available across Highway 321. The property includes parcels 002 094.00, 002O A 001.00, 002 093.00, and 005 003.00. Note that a 5-acre parcel (survey to be determined) at the I-40 and Highway 321 corner, intended for future development by the buyer, is not included in this sale. This prime location offers easy access to the Oak Ridge tech corridor, Lenoir City, and the Roane County business park, making it an attractive investment for developers seeking high-impact projects. While measurements and tax information are approximate, this property's strategic location and versatile zoning make it a truly exceptional investment opportunity. The asking price is $5,950,000.

Highlights

  • 124-acre development opportunity in Lenoir City, TN.
  • Over 2,000 feet of I-40 frontage, excellent visibility and accessibility.
  • Commercial and residential zoning, allowing mixed-use development.
  • Seller open to subdividing and selling commercial outparcels.
  • Utilities readily available (electric, natural gas, water, sewer).
  • Prime location near Oak Ridge tech corridor and Roane County business park.

Property Details for 9011 Us-321

Property type
Land, Farms
Lot Size (sq. ft)
5,401,440 SF

Location Insight

City
Lenoir City
County
Loudon
State
Tennessee
Latitude
35.8692051
Longitude
-84.3257107

FAQs

What type of property is this?
Land - Tennessee Farmland - Development Opportunity
Where is the land located?
The property is located at 9011 Us-321 Lenoir City, TN.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: 124-acre development opportunity in Lenoir City, TN.; Over 2,000 feet of I-40 frontage, excellent visibility and accessibility.; Commercial and residential zoning, allowing mixed-use development.
How can I contact the broker?
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9011 Us-321
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