OPPORTUNITY ZONE - Town Creek - Lenoir City (25 acres)

Vacant Land for Sale
Sale Pending
Also listed as Retail-Commercial, Multi-Family
Catylist Listing ID: 30626141
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Vacation/Resort, Other
Status: Pending
Gross Land Area: 26 Acres
Sale Price: $200,000 Per Acre
Total Price: $5,200,000
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/26/2020

Overview / Comments

Town Creek is a 200-acre Mixed Use Development ideally located in an Opportunity Zone in Lenoir City, one of East Tennessee's fastest-growing communities, close to West Knoxville, lakes, and the gateway to the Smoky Mountains. Town Creek has a wide range of pad-ready sites available for retail, shopping center, office and multi-family projects. Just minutes from West Knoxville and just two miles from the I-40/I-75 split, Town Creek is centrally located to large residential and workforce population with great amenities such as schools, hospitals, and employment nearby. Sites as small as one acre and as large as 40 acres are graded and ready for development. Visible from I-75 and Highway 321, Town Creek is perfectly situated for every business or development project.

Additional Details

Nearest MSA: Knoxville
County: Loudon
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,219 14,071 36,505
Median Age: 36.86 38.38 42.16
Households: 954 5,579 14,056
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