29,000 ADT Red Light Corner

Retail-Commercial for Sale
Also listed as Vacant Land
Catylist Listing ID: 30741352
Property Subtypes: Convenience Store, Restaurant, Retail-Pad
Building Size (RSF): 3,056 SF
Gross Building Area: See Agent
Gross Land Area: 0.85 - 1.45 Acres
Sale Price: $995,000
Unit Price: $325.59 PSF
Property Use Type: Vacant/Owner-User
Building Name: Loudon County Visitors Center
Usable Size (USF): 3,056 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/16/2021

Overview / Comments

Outstanding Red-Light Corner!

It is rare for a location as good as this to come on the market. Chick-fil-A, Captain D’s, Dunkin Donuts, Verizon are just a sample of neighboring businesses. This site enjoys an average daily traffic count of 29,000 vehicles. The property can also be leased on a long-term basis.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $4,344 (Annual)

Additional Details

Nearest MSA: Knoxville
County: Loudon
Tax ID/APN: 053015 06800
Zoning: C-3
Retail Clientele: General, Family, Business, Traveler, Tourist, Other
Property Visibility: Excellent
Largest Nearby Street: Highway 321
Feet of Frontage: 130
Traffic/Vehicle Count: 29,000
Site Description: Level
Area Description: Loudon County/Lenoir City Tennessee is among the fastest growing communities in the State. Located within a day's drive of 75% of the nation's population, its numerous waterways and scenic beauty partner beautifully with the area's heritage and culture to provide exceptional quality of life for its residents. Hwy 321, Exit 81 is the "Fastest Way to the Smokies" with annual tourist visitations exceeding ten (10) million annually. Good access to labor pools within and surrounding the County, an abundance of low-cost electricity, a diverse mix of commercial, service and industrial entities combined with cooperative governments, provide a positive economic climate for business. 1st Red Light corner from Interstate 75. Outstanding visibility, access, traffic counts and location.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1993
Parking Type: Surface
Lot Frontage: 130
Lot Depth: 286
Easements: Utilities

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,454 16,132 36,505
Median Age: 40.4 39.42 42.16
Households: 581 6,376 14,056
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