$695,900

0 Highway 321 N Unit 1310727 Lenoir City, TN 37771

Estimated payment $3,987/month

Total Views 433
9 Acres
$75,972 Price per Acre
399,010 Sq Ft Lot

About This Lot

Experience unparalleled commercial development potential on this spectacular 9.16± acre highway frontage property located within the city limits of Lenoir City, Tennessee. This premium site—Tract 2 of a 2-tract assemblage—offers approximately 366 feet of valuable frontage on Highway 321 North, ensuring maximum roadside visibility, along with direct line-of-sight from Interstate 40 for unmatched exposure to regional and interstate traffic. The property is strategically positioned just off I-40 Exit 364 with approximately 200 feet abutting the State Interstate Right-of-Way, enhancing both visual prominence and access. Zoned C-3 Highway Commercial District, the site allows for a wide range of high-impact commercial uses including shopping centers, big-box retail, restaurants, fast food with drive-thru capabilities, gas stations, hotels, motels, travel centers, truck stops, automotive dealerships, commercial vehicle service businesses, equipment rental or sales, and professional service operations. The flexible zoning and development standards support both national brand tenants and local operators, making it ideal for highway-oriented businesses and regional commercial draw. The property also benefits from full utility availability at the road, including sewer, water, electric, and telecommunications, which streamlines development timelines and infrastructure planning. Verified 2024 traffic data highlights exceptional exposure: Westbound Exit 364 sees 3,844 vehicles daily, Westbound Entrance 4,406, Eastbound Exit 5,103, and Eastbound Entrance 3,607—totaling over 16,950 vehicles accessing Exit 364 daily, in addition to broader I-40 visibility. An adjacent 9.78± acre parcel (MLS #_______________) is also available and can be purchased together with this tract to create a nearly 19-acre assemblage offering expanded frontage, greater development flexibility, and a discounted price incentive if both tracts are acquired together. As an added investment opportunity, the combined acreage has potential for rezoning to multifamily use and could support the development of up to 300 residential units. This rare offering delivers high visibility, direct interstate connectivity, strong utility access, flexible commercial or residential use options, and bundle pricing advantages—making it ideal for developers, investors, or business owners seeking a commanding presence in one of East Tennessee's most rapidly growing corridors. Buyer to verify all information.

Listing Agent

Azaan Kherani

Southland Realtors, Inc License #377887 Listed on: 08/02/2025

Southland Realtors, Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,711

Lot Details

  • 9.16 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 002 086.01

Property Details

Property Type

Land

Est. Annual Taxes

$1,711

Lot Details

0

Listing Details

  • Directions: I-40, take exit 364. Head north on Hwy 321 toward Oak Ridge. The property will be on the left.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 9.16
  • Lot Size: 9.16+/- acres
  • Road Frontage Type: Paved
  • Topography:Rolling: Yes
  • Lot Description:Rolling Slope: Yes
  • Utilities Available:Electricity4: Yes
  • Utilities Available:Gas3: Yes
  • Utilities Available:Water5: Yes
  • Lot Description:Irregular Lot: Yes
  • Utilities Available:Sewer6: Yes
  • Topography:Partially Cleared: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Rolling, Irregular Lot, Rolling Slope
  • Topography: Partially Cleared
  • Road Frontage Paved: Yes

Lot Info

  • Lot Size Sq Ft: 399009.6
  • Parcel #: 002 086.01
  • Zoning Description: Zoned Commercial

Tax Info

  • Tax Annual Amount: 1710.68

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2025 08/02/25 For Sale $695,900 -- --
Source: East Tennessee REALTORS® MLS

Source: East Tennessee REALTORS® MLS

MLS Number: 1310727

East Tennessee REALTORS® MLS