950 U.S. 321

Lenoir City, TN 37771

Listing ID: 196625

$1,500,000

For Sale

Property Type Land : Retail Land
Lot Size Acres 2.600
Land Sq Ft 113,256
Land Price per Sq Ft $13.24

950 U.S. 321 Lenoir City, TN 37771 - main image

Description

2.6 to 6 acres are available as part of a tremendous retail redevelopment opportunity directly across from the 87,000 SF Fort Loudoun Medical Center, serving the entirety of Loudon County including the many retirement communities along the lake. This property sits at the center of an area of retail development headlined by Wal-Mart, Home Depot, and Food City, along with numerous smaller retailers, restaurants, and financial institutions. This corner lot represents one of the last development opportunities on the West (Lake-going) side of Highway 321 within a mile of I-75. 29,000 cars pass by daily on their way to and from Tellico Village, Rarity Bay, Windriver, and the rest of Fort Loudoun Lake's numerous recreational opportunities, as well as the Great Smoky Mountains beyond. Seller will also consider Ground Lease.

Attachments & Files

salebrochure-2-BQZ-C4R.pdf

Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		2,387	16,952	30,743
Population Median Age		34	39	41
Population by Age	0-9 Yrs	505 (21%)	2488 (14%)	3747 (12%)
	10-19 Yrs	260 (10%)	1907 (11%)	3835 (12%)
	20-29 Yrs	365 (15%)	2128 (12%)	3269 (10%)
	30-39 Yrs	335 (14%)	2340 (13%)	3732 (12%)
	40-49 Yrs	225 (9%)	1804 (10%)	3555 (11%)
	50-59 Yrs	332 (13%)	2525 (14%)	4598 (14%)
	60-69 Yrs	177 (7%)	2116 (12%)	4245 (13%)
	70+ Yrs	189 (7%)	1644 (9%)	3761 (12%)

Median HH Income		$51,960	$53,058	$61,274
Total Household Income	< 24K	241 (28%)	1471 (23%)	1984 (17%)
	25-49K	160 (18%)	1479 (23%)	2465 (21%)
	50-74K	216 (25%)	1470 (23%)	2402 (21%)
	75-99K	98 (11%)	689 (10%)	1348 (11%)
	100-199K	116 (13%)	1016 (16%)	2358 (20%)
	200K+	15 (1%)	199 (3%)	775 (6%)

Highest Education Level	No Diploma	178	2004	2765
	Diploma or GED	555	4127	6682
	Some College	346	2196	4041
	Assoc. Degree	99	703	1333
	Bachelors Degree	222	1693	4210
	Higher Degree	85	789	2452

Total Housing Units		953	7,208	12,590
--Owner-Occupied		388	4,085	8,470
--Renter-Occupied		458	2,239	2,863
Owner-Occupied Values	< 100K	129	939	1468
	100-199K	122	1525	2322
	200-299K	94	895	1832
	300-399K	32	295	1065
	400-499K	11	302	868
	500K+	1	129	915

Total Working Age Population		1,721	13,427	24,680
In Work Force		1,055	8,074	14,528
Not In Work Force		667	5,352	10,151
Workforce Employed		970	7,597	13,755
Workforce Unemployed		85	477	772
Civlian Workforce		1,055	8,074	14,526
Military Workforce		0	0	2

Total Households		845	6,324	11,333
Family Households		552	4,361	8,429
Non-Family Households		294	1,964	2,904
Married Couple		388	3,247	6,812
Other Family		164	1,114	1,617
Married w/Child		166	1,047	2,212
Single Male w/Child		6	168	204
Single Female w/Child		78	429	547

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Tennessee	5,689,283	+12	6,346,105	+9	6,886,369	+7	7,393,069
Knox County	382,032	+13	432,226	+10	473,996	+8	513,318
Roane County	51,910	+4	54,181	-2	53,285	0	53,111
Loudon County	39,086	+24	48,556	+12	54,454	+11	60,311

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.