$2,640,000
Lenoir City, TN 37771
MLS# 1245203
Status: Pending
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Property Description
The +/-65 acre Lenoir City property is located along Hwy 321 between Interstates 40 and 75. The property is 1.6 miles south of the I-40 exit and 3.4 miles north of the I-75 exit in Lenoir City, TN. Highway 321 is four-lane and carries high daily traffic counts. The property lies within a 30-minute drive of Knoxville one of Tennessee's fastest growing cities. A modern survey is available that shows over 3,740 feet of highway frontage. A paved city street bisects the property and accesses a new residential subdivision currently under construction. Sewer, public water, gas, electricity, internet, and phone are available along the highway and city road frontage. Tax parcel 053 009 108000 000 2023 is currently zoned as R-1 Low Density Residential District within Lenoir City. Tax parcel 053 009 11000 000 2023 is zoned R-1 Suburban Residential within Loudon County. New residential development is in progress to the north and west of this tract as well as new commercial development along this same corridor. The location within the city limits of Lenoir City makes for less restrictive residential development potential relative to other locations in Loudon County outside the city limits. The subject property is minutes from area shopping at exit 81 on I-75 in Lenoir City. The Great Smoky Mountains are within an hours drive and there are three local TVA lakes in the immediate area. This tract has potential for many uses in a fast growing and desirable area of eastern Tennessee.
Details
Location, Tax & Legal Info
Area: Loudon County - 32
City/County Code: City Limits
Total Tax: 620.78
Contract Info
Auction Y/N: No
Listing Price: 2640000
Current Price: $2,640,000
Status: Pending
Listing Date: 2023-11-06
General Property Description
Lot Dimensions: irregular
Acres: 65
Acre Source: Survey
Restrictions: No
Property Status: N/A
Remarks & Misc
Directions: From the I-75 US Hwy 321 exit go west 2.6 miles on 321 and tract is on the left.
Public Remarks: The +/-65 acre Lenoir City property is located along Hwy 321 between Interstates 40 and 75. The property is 1.6 miles south of the I-40 exit and 3.4 miles north of the I-75 exit in Lenoir City, TN. Highway 321 is four-lane and carries high daily traffic counts. The property lies within a 30-minute drive of Knoxville one of Tennessee's fastest growing cities.
A modern survey is available that shows over 3,740 feet of highway frontage. A paved city street bisects the property and accesses a new residential subdivision currently under construction. Sewer, public water, gas, electricity, internet, and phone are available along the highway and city road frontage. Tax parcel 053 009 108000 000 2023 is currently zoned as R-1 Low Density Residential District within Lenoir City. Tax parcel 053 009 11000 000 2023 is zoned R-1 Suburban Residential within Loudon County.
New residential development is in progress to the north and west of this tract as well as new commercial development along this same corridor. The location within the city limits of Lenoir City makes for less restrictive residential development potential relative to other locations in Loudon County outside the city limits. The subject property is minutes from area shopping at exit 81 on I-75 in Lenoir City. The Great Smoky Mountains are within an hours drive and there are three local TVA lakes in the immediate area. This tract has potential for many uses in a fast growing and desirable area of eastern Tennessee.
Property Sub-Type
Commercial: 1
Industrial: 1
Single Family: 1
Other: 1
Topography
Rolling: 1
Road Access
Interstate Access: 1
Interstate Exposure: 1
U.S. Highway: 1
Road Frontage
Paved: 1
State: 1
Sale Options
Fee Simple: 1
Improvements
None: 1
Lot Description
Rolling Slope: 1
Other: 1
Easements
None: 1
View
Mountain View: 1
Community Amenities
Other - See Remarks: 1
Documents on File
Survey: 1
Topography Map: 1
Developmnt Potential
Commercial: 1
Industrial: 1
Multi-Family: 1
Subdivision: 1
Utilities Available
Cable TV: 1
Electricity: 1
Gas: 1
Sewer: 1
Telephone: 1
Water: 1
Zoning
Zoned Commercial: 1
Present Structures
None: 1
Undeveloped
Interstate Access: 1
Interstate Exposure: 1
New Financing
Cash: 1
Location Tax Legal Info
Street Name: Highway 321
St Suffix: Hwy
State/Province: TN
Zip Code: 37771
PIN #: 009 108.00 & 110.00
Geo Lat: 35.846733
Geo Lon: -84.31927
Status Change Info
Status Change Date: 2025-06-04
Under Contract Date: 2025-06-04
Property Features
Property Sub-Type: Commercial; Industrial; Single Family; Other
Topography: Rolling
Road Frontage: Paved; State
Road Access: Interstate Access; Interstate Exposure; U.S. Highway
Sale Options: Fee Simple
Improvements: None
Easements: None
Community Amenities: Other - See Remarks
Lot Description: Rolling Slope; Other
View: Mountain View
Documents on File: Survey; Topography Map
Developmnt Potential: Commercial; Industrial; Multi-Family; Subdivision
Utilities Available: Cable TV; Electricity; Gas; Sewer; Telephone; Water
Zoning: Zoned Commercial
Present Structures: None
Undeveloped: Interstate Access; Interstate Exposure
New Financing: Cash
IDX
Listing Office: AFM Real Estate
Office Phone: 865-248-8315
Last Updated: June - 04 - 2025
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.