N Highway 321, Lenoir City, TN, 37771

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$695,900
19 Days On Site

N Highway 321
Lenoir City, TN 37771

For Sale|Land|Active
County:
Loudon County - 32
Call Now: 865-850-2117
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865-850-2117
N Highway 321N Highway 321N Highway 321N Highway 321
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Monthly Payment (Est.)

$3,175
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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 #1310729) 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.

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Listing Snapshot
Price 
$695,900
Days On Site 
19 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
9.16 Acres
Year Built 
N/A
MLS® Number 
1310727
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing first seen on site
3 weeks agoListing updated with changes from the MLS®
General Features
Acres 
9.16
Zoning 
Zoned Commercial
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Exterior Features
Lot Features 
Rolling SlopeIrregular Lot
Community Features
Financing Terms Available 
VA LoanCashConventionalFHA
MLS Area 
Loudon County - 32
Roads 
Paved
Listing courtesy of Azaan Kherani of Southland Realtors, Inc

Copyright © 2025 Knoxville Area Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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