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

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

More Information MLS# 1161120

Location, Tax & Legal Info

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

Contract Info

Auction Y/N: Yes Current Price: $2,020,000 Status: Closed Listing Date: 2021-07-21

Location

Central Busns Area: 1 Industrial Area: 1 Outside City: 1

General Property Description

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

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

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

Commercial Type

Commercial: 1 Industrial: 1 Vacant Land: 1

Construction

Other: 1

Sale/Lease Includes

Land: 1

Road Access

Public Road: 1 U.S. Highway: 1

Cooling

None: 1

Utilities on Site

Other: 1

Fuel

None: 1

Additional Info

Other: 1

Easements

None: 1

Heat

None: 1

Expenses Included

Other: 1

Building/Business Tp

Automotive Service: 1 Bldg,Trde,Spls & Svc: 1 Business Service: 1 Church: 1 Dental: 1 Distributing: 1 Food Service: 1 Hotel/Motel: 1 Manufacturing: 1 Medical: 1 Professional Service: 1 Professional/Office: 1 Retail: 1 Warehouse: 1 Wholesale: 1

New Financing

Cash: 1 Conventional: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

Street Name: Highway 321 State/Province: TN Zip Code: 37771 PIN #: 005 077.02 000 Geo Lat: 35.862948 Geo Lon: -84.324993

Status Change Info

Status Change Date: 2021-10-01 Under Contract Date: 2021-08-20 Sold Date: 2021-09-30 Sold Price: $2,020,000

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
Office Phone: 865-938-3403
Last Updated: October - 01 - 2021
Highway 321, Lenoir City, TN 37771- MLS# 1161120
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