1.82 Commercial Acres-480' of Hwy 321 Frontage-Signalized

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30823353
Property Subtypes: Office, Retail, Retail-Pad, Self Storage
Status: Pending/Contingent
Gross Land Area: 1.82 Acres
Sale Price: $450,000
Unit Price: $247,252 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/3/2023

Overview / Comments

This opportunity offers a 1.82 (Lot 3) acres of commercially zoned (C-2) Loudon County with approximately 480' of frontage on busy Hwy 321. Traffic counts of approximately 10,000-16,000 ADT, signalized access via the hard corner of Hwy 70 and Hwy 321 and established cross access easement with Dollar General further highlight this offering.

The parcel is part of a Dollar General master development, with standard Dollar General exceptions attached per deed restriction. ALTA survey and restrictions attached.

Build to suit options also considered by owners.

Additional Details

Nearest MSA: Knoxville
County: Loudon
Taxing Authority: Loudon County
Tax ID/APN: 053009LA02700
Property Located Between: Hwy 321 and Hwy 70
Property Visibility: Excellent
Largest Nearby Street: Hwy 321 W
Feet of Frontage: 480
Highway Access: I-75, 1 mile. I-40, 3.5 miles
Site Description: Located at the crossroads of Hwy 70/Kington Pike and Hwy 321, offering exposure at a signalized corner plus median cut access off of Hwy 321. Cross access easement in place, shared with Dollar General and 480' of 321 frontage.
Lot Frontage: 480
Zoning Description: Loudon County C-2, offering a broad range of commercial uses.
Topography: Level
Easements: Ingress/Egress
Easements Description: Access easement shared with Dollar General
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 13,763 24,465
Median Age: 41.33 40.81
Households: 5,584 9,456


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