Highway 321 Retail Land

Vacant Land for Sale
Catylist Listing ID: 30377494
Property Subtypes: Office, Retail, Retail-Pad
Gross Land Area: 1.46 Acres
Sale Price: $945,250
Unit Price: $647,431 Per Acre
In Opportunity Zone? Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/24/2020

Overview / Comments

Located just half a mile south of I-75 on Highway 321, this restaurant/retail lot represents a tremendous opportunity. One of the last highway lots left within a mile of the interstate, this parcel features high visibility and access for southbound travelers on Highway 321. Within half a mile of major retailers Wal-Mart, Food City, and Home Depot, this lot is part of an area of rapid commercial development centered on Fort Loudon Medical Center. Seller will consider Ground Lease.

Additional Details

Nearest MSA: Knoxville
County: Loudon
Tax ID/APN: 053015 07300
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,673 14,836 36,505
Median Age: 38.26 38.77 42.16
Households: 1,535 5,881 14,056


Photograph of Listing Agent

Dan Adkins

Avison Young KAAR CIE Member
Photograph of Listing Agent

Luke Adkins

Avison Young KAAR CIE Member
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