0 Highway 321 N Unit 1307731 Lenoir City, TN 37771
About This Lot
ONLINE ONLY REAL ESTATE AUCTION | Exceptional Highway Commercial Development Land with Interstate Visibility Offered | BIDDING BEGINS TO CLOSE: Thursday, July 31st at 12:00PM - Noon (ET) | EXPERIENCE UNPARALLELED COMMERCIAL OPPORTUNITY ON THIS SPECTACULAR 9.78+/- ACRE HIGHWAY FRONTAGE PROPERTY INSIDE THE CITY LIMITS OF LENOIR CITY. PREMIUM HIGHWAY FRONTAGE POSITIONING - Tract 1 of 2 to be sold. This exceptional commercial site provides ultimate highway commercial advantages, offering: Approximately 366 feet of valuable Highway 321 N frontage ensuring maximum roadside visibility, Direct visibility from Interstate 40 providing unmatched exposure to regional traffic, Strategic positioning just off Exit 364 for optimal accessibility, Approximately 956 feet touching State Interstate Right-of-Way maximizing visibility, Large-scale development capacity of commercial-zoned land and All utilities available to the property including sewer. SUPERIOR ZONING AND DEVELOPMENT BENEFITS - The C-3 Highway Commercial District designation provides maximum commercial flexibility: Highway Commercial zoning allowing diverse commercial applications, Accommodates retail centers, restaurants, hotels, gas stations, and automotive services, Flexible development standards for highway-oriented businesses, Established commercial corridor with supporting infrastructure and Premium zoning classification for high-impact commercial ventures. EXCEPTIONAL TRAFFIC EXPOSURE AND DATA - This premier location offers documented high-volume traffic exposure with 2024 Average Daily Traffic Counts: Westbound Exit 364 - 3,844 vehicles daily, Westbound Entrance - 4,406 vehicles daily, Eastbound Exit 364 - 5,103 vehicles daily, Eastbound Entrance - 3,607 vehicles daily, Combined daily exposure exceeding 16,950 vehicles accessing Exit 364 and Interstate 40 visibility providing additional regional traffic exposure. LARGE-SCALE RETAIL DEVELOPMENT Capitalize on high-traffic interstate location with: Shopping centers and big-box retail with regional draw, Highway-visible retail ensuring maximum customer attraction, Tourist and local traffic supporting year-round commerce and Interstate accessibility attracting regional shoppers. HOSPITALITY AND TRAVEL SERVICES Perfect for interstate-oriented hospitality including: Hotels and motels serving interstate travelers, Restaurants and fast-food establishments with drive-through capabilities, Travel centers and convenience stores and Gas stations and automotive services. AUTOMOTIVE AND SERVICE BUSINESSES Strategic location for highway-related services: Automotive dealerships with interstate visibility, Truck stops and commercial vehicle services, Equipment sales and rental facilities and Professional services serving regional market. DEVELOPMENT READY ADVANTAGES - This property offers immediate large-scale development benefits: Highway Commercial zoning reducing development approval timeline, Substantial acreage accommodating major commercial projects, Interstate visibility supporting regional business attraction, High traffic documentation supporting financing and planning, Established commercial corridor with utility access and Potential to be rezoned for Multifamily with the ability to build up to 300 units with the combined 18.94+/- acres. Don't miss this chance to establish your presence on one of East Tennessee's premier interstate commercial corridors with proven traffic volumes and maximum development potential! Buyer to verify all information. Kenny Phillips, Auctioneer | TN Lic #2385 - Phillip Hopper, Auctioneer | TN Lic #6709
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,864
Lot Details
- 9.78 Acre Lot
- Irregular Lot
- Lot Has A Rolling Slope
- Cleared Lot
- Finished Lot(s)
- Zoning described as Zoned Commercial
Utilities
- Gas Available
Listing and Financial Details
- Assessor Parcel Number 002 086.00
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | For Sale | -- | -- | -- |
Source: East Tennessee REALTORS® MLS
MLS Number: 1307731
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.
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