Listed by Altum Commercial
$375,000
US Hwy 11E
Details
Property Type Land
Sub Type Commercial
Price per SqFt $2
Price Per Acre $74,388
Broker Co-Op Yes
Acreage 5.310
Zoning C-2
Land | 5.31 acres
Marketing description
Prime commercial land for sale at the corner of US Hwy 11E and Lowery Loop Road in New Market, TN. The property offers excellent highway visibility, a curb cut across US Hwy 11E, and a strategic location between Knox County and Jefferson County. With gently rolling, cleared topography and favorable C-2 General Commercial zoning, this site is ideal for industrial outdoor storage and other commercial uses.
Investment highlights
- High Visibility & Easy Access – 614' of frontage on US Hwy 11E & 349' on Lowery Loop Rd
- Strong Market Trends – Increasing population & stable employment base
- Traffic Exposure – TDOT daily traffic count: 20,698 vehicles (2024)
- Flexible Zoning – C-2 General Commercial allows for a wide range of uses
- Strategic Location – Positioned between Knox Co. & Jeff Co. for regional access
- Owner Financing – Considered for qualified buyers
- Land can be divided
- Investment Potential:
- With high traffic exposure, strong market fundamentals, and flexible zoning, this site presents a compelling opportunity for developers, investors, or owner-users. Perfect for a contractor's yard, RV/Boat Storage, or self-storage.
- Proforma for RV/Boat parking available upon request.
- Land (SF) : 217,800 SF
Listing Contacts
Listed by Altum Commercial
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