5.4 Acres in Rapidly Growing Lenoir City

Vacant Land for Sale
Catylist Listing ID: 1840554
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Other, General
Gross Land Area: 5.40 Acres
Sale Price: $499,000
Unit Price: $92,407 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/4/2018

Overview / Comments

Acreage is zoned C-3 commercial. Highest and best use is general commercial, office, multifamily or assisted living. Less than 1/4 mile from Hwy 321. All utilities available. Close proximity to restaurants, banks, grocery stores, hospital, medical, retail, churches, parks, lakes and other community services. Easy Access to I 75, Hwy 321 and Hwy 11. Growth corridor for Lenoir City. Numerous new construction retail, office and medical populating Hwy 321 between the I-75 exit and Hwy 11. Property appraised for $610,000 (Q4 2009). (Owner/Agent)

Additional Details

Nearest MSA: Knoxville
County: Loudon

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,185 13,801 36,792
Median Age: 36.97 36.89 42.94
Households: 1,754 5,323 14,354
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