5744 Highway 321, Lenoir City, TN 37771

$2,000,000
Property Type: Lots & Acreage Lot Size (sq. ft.): 5,414,486 Status: Closed
Current Price: $2,000,000 List Date: 3/01/2019 Last Modified: 1/27/2021

Overview

Description

Great investment property for future subdivision or gentleman’s horse farm. Land is rolling and features one of the highest points in Loudon Co. Mtn. views are truly spectacular. Property sits between I-40 and I-75 with convenience to Lenoir City as well as Knoxville. All utilities are at the road including natural gas and sewer. A split foyer home sits on the property with a renter in place. Great Opportunity…

Listing Details MLS# 1071387

Location Tax Legal Info

Street Number
5744
Street Name
Highway 321
State
TN
Zip Code
37771
Parcel Number
009 118.00

Contract Info

Listing Contract Date
2019-03-01
Auction Y/N
No

General Property Description

Lot Dimensions
Lot Size SqFt
5414486
Acres
124.3
Restrictions
No
Property Status
N/A

Status Change Info

Status Change Timestamp
2020-12-15
Purchase Contract Date
2019-06-26
Close Date
2020-12-14
Close Price
2000000

Location, Tax & Legal Info

Area
Loudon County – 32
City/County Code
County
Total Tax
1427.92

Remarks & Misc

Directions
From Lenoir City go west on 321 toward I-40. Property is on the Left.
Public Remarks
Great investment property for future subdivision or gentleman's horse farm. Land is rolling and features one of the highest points in Loudon Co. Mtn. views are truly spectacular. Property sits between I-40 and I-75 with convenience to Lenoir City as well as Knoxville. All utilities are at the road including natural gas and sewer. A split foyer home sits on the property with a renter in place. Great Opportunity…

More Information

Property Sub-Type

Commercial
Yes
Farm
Yes
Single Family
Yes
Other
Yes

Topography

Rolling
Yes

Road Access

U.S. Highway
Yes

Road Frontage

Paved
Yes
State
Yes

Sale Options

Will Not Divide
Yes

Improvements

Fenced
Yes
Utilities on Site
Yes
Other
Yes

Lot Description

Irregular Lot
Yes
Rolling Slope
Yes
Wooded
Yes

Easements

Driveway
Yes
Power Line/TVA
Yes
Other
Yes

View

Country Setting
Yes
Mountain View
Yes
Wooded
Yes

Documents on File

Survey
Yes

Developmnt Potential

Commercial
Yes
Industrial
Yes
Multi-Family
Yes
Subdivision
Yes

Utilities Available

Electricity
Yes
Gas
Yes
Sewer
Yes
Water
Yes

Zoning

Subject to Zone Chng
Yes
Zoned Agricultural
Yes

Present Structures

Residence
Yes
Other
Yes

New Financing

Cash
Yes
Conventional
Yes
New Loan
Yes

Property Features

Property Sub-Type: Commercial; Other Topography: Rolling Road Frontage: Paved; State Sale Options: Will Not Divide Improvements: Fenced; Utilities on Site; Other Lot Description: Irregular Lot; Rolling Slope; Wooded View: Country Setting; Mountain View Developmnt Potential: Commercial; Multi-Family Utilities Available: Electricity; Gas; Water Zoning: Subject to Zone Chng; Zoned Agricultural Present Structures: Residence New Financing: Conventional; New Loan
Listing Office: Realty Executives Associates
IDX
Office Phone: 865-983-0011
Last Updated: January – 27 – 2021
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.