Highway 321, Lenoir City, TN 37771

$2,020,000
Property Type: Commercial Lot Size (sq. ft.): 3,486,107 Status: Closed
Current Price: $2,020,000 List Date: 7/21/2021 Last Modified: 10/01/2021

Overview

Description

ONLINE ONLY REAL ESTATE AUCTION 80 Acres of Loudon County Development Land BIDDING STARTS ENDING: Thursday, August 19th at 12:00PM (NOON) +/- 80 acres located on Hwy 321 - Just off of I-40 Exit # 364 - TDOT 2021 Traffic Count: 8,620 - Approx. 931' of Road Frontage - Currently zoned C-3 Great opportunity for potential residential development, commercial development, farm use - so many uses with this awesome location Close proximity to Watts Bar Lake, Melton Hill Lake, Tellico Lake, and Fort Loudoun Lake 15 minute drive to Farragut and Turkey Creek

Listing Details MLS# 1161120

Location Tax Legal Info

Street Name
Highway 321
State/Province
TN
Zip Code
37771
PIN #
005 077.02 000

Contract Info

Auction Y/N
Yes

General Property Description

Lot Dimensions
Irregular
Acres
80.03
Zoning
C-3
Condition
Good
Restrictions
No
Property Status
N/A
# of Buildings
0
Stories
0
# Parking Spaces
0

Status Change Info

Status Change Date
2021-10-01
Under Contract Date
2021-08-20
Sold Date
2021-09-30

Auction

Bidder Must Qualify
No
Buyers Premium
No
Remote Bidding
Yes
Real Estate Only
Yes
RE & Personal Prop
No
Auction Date
2021-08-19
Auction Location
ONLINE ONLY
Auction Time
12:00PM

Location, Tax & Legal Info

Area
Loudon County - 32
City/County Code
County
Total Tax
0

More Information

Location

Central Busns Area
Yes
Industrial Area
Yes
Outside City
Yes

Remarks & Misc

Directions
From I-4o, take exit 364. Head south on Hwy 321 to the property on the right.
Public Remarks
ONLINE ONLY REAL ESTATE AUCTION 80 Acres of Loudon County Development Land BIDDING STARTS ENDING: Thursday, August 19th at 12:00PM (NOON) +/- 80 acres located on Hwy 321 - Just off of I-40 Exit # 364 - TDOT 2021 Traffic Count: 8,620 - Approx. 931' of Road Frontage - Currently zoned C-3 Great opportunity for potential residential development, commercial development, farm use - so many uses with this awesome location Close proximity to Watts Bar Lake, Melton Hill Lake, Tellico Lake, and Fort Loudoun Lake 15 minute drive to Farragut and Turkey Creek

Commercial Type

Commercial
Yes
Industrial
Yes
Vacant Land
Yes

Construction

Other
Yes

Sale/Lease Includes

Land
Yes

Road Access

Public Road
Yes
U.S. Highway
Yes

Cooling

None
Yes

Utilities on Site

Other
Yes

Fuel

None
Yes

Additional Info

Other
Yes

Easements

None
Yes

Heat

None
Yes

Expenses Included

Other
Yes

Building/Business Tp

Automotive Service
Yes
Bldg,Trde,Spls & Svc
Yes
Business Service
Yes
Church
Yes
Dental
Yes
Distributing
Yes
Food Service
Yes
Hotel/Motel
Yes
Manufacturing
Yes
Medical
Yes
Professional Service
Yes
Professional/Office
Yes
Retail
Yes
Warehouse
Yes
Wholesale
Yes

New Financing

Cash
Yes
Conventional
Yes

Showing

See Agent Instructns
Yes

Property Features

Commercial Type: Commercial; Industrial; Vacant Land Road Access: Public Road; U.S. Highway Utilities on Site: Other Additional Info: Other Fuel: None Heat: None Cooling: None Location: Central Busns Area; Industrial Area; Outside City Construction: Other Easements: None Expenses Included: Other New Financing: Cash; Conventional Showing: See Agent Instructns
Listing Office: Powell Auction & Realty,LLC
IDX
Office Phone: 865-938-3403
Last Updated: October - 01 - 2021
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.