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0 US 321 - Urban Growth Area Property for Development

4.8 Acres of Commercial Land Offered at $707,318 CAD in Lenoir City, TN 37771

Financial Summary (Actual - 2023) Click Here to Access

Annual (CAD) Annual Per AC (CAD)
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Taxes (CAD)
Annual $99,999
Annual Per AC $9.99
Operating Expenses (CAD)
Annual -
Annual Per AC -
Total Expenses (CAD)
Annual $99,999
Annual Per AC $9.99

Property Facts

Price $707,318 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 4.80 AC

1 Lot Available

Lot

Price $707,318 CAD
Price Per AC $147,358 CAD
Lot Size 4.80 AC

Rolling

Description

Spanning approximately 4.8 acres of rolling terrain along US-321 in Loudon County, this prime parcel offers unique development opportunities. Zoned R-1 and in the Suburban Residential District of Loudon County, current zoning supports subdividing and low-density residential possibilities. Electricity and water utilities are in place. A large residential subdivision is under development immediately across US-321 and others are coming. However, situated along the Urban Growth corridor of Lenoir City offers potential for Lenoir City annexation. The site is ideally positioned for future commercial zoning options along with infrastructure enhancements and growth initiatives that could provide access to sewer. The site provides excellent accessibility with nearly 900 feet of road frontage directly on US-321. Additionally, there is a median cross over to both north and south bound lanes at Waller Ferry Road, which also provides access to the back side of the property. This is an ideal choice for commercial development in a thriving, forward-looking community. From I-40 W toward Nashville, take Exit 364 for US-321 and turn left. In approximately 1.5 miles, property will be on the left at the corner of US-321 and Waller Ferry Road, directly across from Haven Hill subdivision. From I-75 S toward Chattanooga, take Exit 81 for Lenoir City, turn right onto US-321. In approximately 3 miles, the property will be on the right at the corner of Waller Ferry Road and US-321, directly across from Haven Hill subdivision.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
009-011.00
Land Assessment
$46,937 CAD (2024)
Improvements Assessment
$0 CAD (2024)
Total Assessment
$46,937 CAD (2024)
Annual Taxes
-$1 CAD
Tax Year
2023

zoning

Zoning Code R-1
R-1
  • Listing ID: 33777504

  • Date on Market: 2024-11-06

  • Last Updated:

  • Address: 0 US 321, Lenoir City, TN 37771

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