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Highway 72 N - HWY-72 & I-75 GROCERY/RESTAURANT/RETAIL SITE

6.16 Acres of Commercial Land Offered at $3,358,617 CAD in Loudon, TN 37774

Commercial Land Tennessee Loudon Highway 72 N, Loudon, TN 37774

Investment Highlights

  • Opportunity to Subdivide into 5 Retail Pads
  • Growing Intersection off I-75
  • 968 FT of Frontage on Hwy 72 N

Executive Summary

Don't miss the opportunity to own 968 feet of total frontage on Highway 72 N, .25 miles from I-75. 6.16 acres of frontage is being listed separately from the remaining 24.54 acres in the rear of the parcel, but there is the potential for a developer to acquire both parcels for a mixed use development and extend a road from Centre Park Drive, which will give this site multiple points of access. Possible uses include a grocery store, strip center, or a developer could subdivide the parcel into five (5) retail pads with roughly 285 feet of depth. Currently there is a Burger King, McDonald's, Bojangles, Taco Bell, Hotels, and Gas Stations already located off the exit. Owner will consider grading and subdividing the parcels prior to sale.

Property Facts

Price $3,358,617 CAD Property Subtype Commercial
Sale Type Investment or Owner User Proposed Use
Retail
  • Tienda de conveniencia
  • Drugstore
  • Fast Food
  • General Freestanding
  • Restaurant
  • Storefront
  • Strip Centre
No. Lots 1 Total Lot Size 6.16 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $3,358,617 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Tienda de conveniencia
  • Drugstore
  • Fast Food
  • General Freestanding
  • Restaurant
  • Storefront
  • Strip Centre
Total Lot Size 6.16 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price $3,358,617 CAD Lot Size 6.16 AC
Price Per AC $545,230 CAD
Price $3,358,617 CAD
Price Per AC $545,230 CAD
Lot Size 6.16 AC

Headed southbound on I-75, take exit 72 for TN-72, turn left onto TN-72-E/Loudon Hwy. Property will be on your left in approx. 0.5 miles.

Description

Immediately off Exit 72 of I-75 with traffic counts of 45,000 vehicles per day on I-75 and 11,231 vehicles per day on Hwy 72 N at Queener Rd. As growth continues to expand in Loudon County down the I-75 corridor, Exit 72 is the next major exit for development past the I-75/Hwy 321 Interchange in Lenoir City. 30' Plantation Pipeline Easement through SE corner of the property; 20' Waterline Easement through front of the property.

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Highway 72 N, Loudon, TN - aerial map view - Image1
Highway 72 N, Loudon, TN - aerial map view - Image2

zoning

Zoning Code C-4
C-4
(865) 719-1486

Contacts

  • Listing ID: 25544648

  • Date on Market: 2022-04-25

  • Last Updated:

  • Address: Highway 72 N, Loudon, TN 37774

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Highway 72 N - HWY-72 & I-75 GROCERY/RESTAURANT/RETAIL SITE
(865) 719-1486 x

Highway 72 N - HWY-72 & I-75 GROCERY/RESTAURANT/RETAIL SITE

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Louise Frazier

(865) 719-1486

(865) 719-1486

Hyatt Holbrook

(865) 963-0070

(865) 963-0070

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