Highway 321 Hwy, Lenoir City, TN 37771
$2,640,000
Property Type:
Lots & Acreage
Lot Size (sq. ft.):
2,831,400
Status:
Pending
Current Price:
$2,640,000
List Date:
1/22/2025
Last Modified:
6/04/2025
Overview
Description
The +/-65 acre Lenoir City property is located along Hwy 321 between Interstates 40 and 75. The property is 1.6 miles south of the I-40 exit and 3.4 miles north of the I-75 exit in Lenoir City, TN. Highway 321 is four-lane and carries high daily traffic counts. The property lies within a 30-minute drive of Knoxville one of Tennessee’s fastest growing cities.
A modern survey is available that shows over 3,740 feet of highway frontage. A paved city street bisects the property and accesses a new residential subdivision currently under construction. Sewer, public water, gas, electricity, internet, and phone are available along the highway and city road frontage. Tax parcel 053 009 108000 000 2023 is currently zoned as R-1 Low Density Residential District within Lenoir City. Tax parcel 053 009 11000 000 2023 is zoned R-1 Suburban Residential within Loudon County.
New residential development is in progress to the north and west of this tract as well as new commercial development along this same corridor. The location within the city limits of Lenoir City makes for less restrictive residential development potential relative to other locations in Loudon County outside the city limits. The subject property is minutes from area shopping at exit 81 on I-75 in Lenoir City. The Great Smoky Mountains are within an hours drive and there are three local TVA lakes in the immediate area. This tract has potential for many uses in a fast growing and desirable area of eastern Tennessee.
Listing Details MLS# 1245203
Location Tax Legal Info
- Street Name
- Highway 321
- Street Suffix
- Hwy
- State
- TN
- Zip Code
- 37771
- Parcel Number
- 009 108.00 & 110.00
Contract Info
- Listing Contract Date
- 2023-11-06
- Auction Y/N
- No
General Property Description
- Lot Dimensions
- irregular
- Acres
- 65
- Acre Source
- Survey
- Restrictions
- No
- Property Status
- N/A
Status Change Info
- Status Change Timestamp
- 2025-06-04
- Purchase Contract Date
- 2025-06-04
Location, Tax & Legal Info
- Area
- Loudon County – 32
- City/County Code
- City Limits
- Total Tax
- 620.78
Remarks & Misc
- Directions
- From the I-75 US Hwy 321 exit go west 2.6 miles on 321 and tract is on the left.
- Public Remarks
- The +/-65 acre Lenoir City property is located along Hwy 321 between Interstates 40 and 75. The property is 1.6 miles south of the I-40 exit and 3.4 miles north of the I-75 exit in Lenoir City, TN. Highway 321 is four-lane and carries high daily traffic counts. The property lies within a 30-minute drive of Knoxville one of Tennessee's fastest growing cities. A modern survey is available that shows over 3,740 feet of highway frontage. A paved city street bisects the property and accesses a new residential subdivision currently under construction. Sewer, public water, gas, electricity, internet, and phone are available along the highway and city road frontage. Tax parcel 053 009 108000 000 2023 is currently zoned as R-1 Low Density Residential District within Lenoir City. Tax parcel 053 009 11000 000 2023 is zoned R-1 Suburban Residential within Loudon County. New residential development is in progress to the north and west of this tract as well as new commercial development along this same corridor. The location within the city limits of Lenoir City makes for less restrictive residential development potential relative to other locations in Loudon County outside the city limits. The subject property is minutes from area shopping at exit 81 on I-75 in Lenoir City. The Great Smoky Mountains are within an hours drive and there are three local TVA lakes in the immediate area. This tract has potential for many uses in a fast growing and desirable area of eastern Tennessee.
More Information
Property Sub-Type
- Commercial
- Yes
- Industrial
- Yes
- Single Family
- Yes
- Other
- Yes
Topography
- Rolling
- Yes
Road Access
- Interstate Access
- Yes
- Interstate Exposure
- Yes
- U.S. Highway
- Yes
Road Frontage
- Paved
- Yes
- State
- Yes
Sale Options
- Fee Simple
- Yes
Improvements
- None
- Yes
Lot Description
- Rolling Slope
- Yes
- Other
- Yes
Easements
- None
- Yes
View
- Mountain View
- Yes
Community Amenities
- Other – See Remarks
- Yes
Documents on File
- Survey
- Yes
- Topography Map
- Yes
Developmnt Potential
- Commercial
- Yes
- Industrial
- Yes
- Multi-Family
- Yes
- Subdivision
- Yes
Utilities Available
- Cable TV
- Yes
- Electricity
- Yes
- Gas
- Yes
- Sewer
- Yes
- Telephone
- Yes
- Water
- Yes
Zoning
- Zoned Commercial
- Yes
Present Structures
- None
- Yes
Undeveloped
- Interstate Access
- Yes
- Interstate Exposure
- Yes
New Financing
- Cash
- Yes
Property Features
Property Sub-Type:
Commercial; Industrial; Other
Topography:
Rolling
Road Frontage:
Paved; State
Road Access:
Interstate Access; Interstate Exposure
Easements:
None
Lot Description:
Rolling Slope; Other
View:
Mountain View
Developmnt Potential:
Commercial; Multi-Family
Utilities Available:
Cable TV; Electricity; Gas; Water
Zoning:
Zoned Commercial
Present Structures:
None
Listing Office:
AFM Real Estate
IDX
Office Phone: 865-248-8315
Last Updated: June – 04 – 2025
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