New Duplex Development - Lenoir City, Tn 37771

New Duplex Development – Lenoir City, TN 37771 ONLINE ONLY REAL ESTATE AUCTION 915 Highway 70 W – Lenoir City, TN 3777113.44+/- acres of land in Lenoir City with fully approved concept plan for shovel ready subdivision development BIDDING BEGINS TO CLOSE:Wednesday, April 30that 12:00PM – Noon (ET) Prime Development Opportunity in Lenoir City – Loudon County Investors and developers, seize an exceptional real estate opportunity in one of Lenoir City’s most strategic locations. This 13.44+/- acre Planned Unit Development (PUD), Phase II, represents a rare canvas for transformative real estate investment. Development Potential The property offers multiple lucrative development strategies: No established covenants & restrictionsLoudon County taxes onlyFully approved concept plan for 13 lotsApproved for 26 total residential units, with all plans and construction documents conveyingR-1 ZoningSWPPP already in place Strategic Location Highlights Situated just off Highway 70 in Lenoir CityImmediate proximity to Highway 321Quick access to I-75Entry to property from Abbott Road off of Highway 70 Investment Opportunities Investors can: Complete lot development and sell individual parcelsConstruct condominiums for immediate resaleBuild out as a rental property portfolio The approved concept plan and strategic location make this a turn-key development opportunity with minimal development hurdles. Whether you’re a developer seeking to maximize return or an investor looking to diversify your real estate portfolio. This property is a blank canvas with no current restrictions – it is not a part of the current Pleasant Ridge Subdivision. Investors can draw up covenants and restrictions for the development at their liking. All development plans and approvals to be given/transferred to the Buyer at closing. Buyer is responsible for the transfer of permits to entity or individual of Buyer’s choosing. Loudon County Parcel / Tax ID: 009 150.00 Yearly Property Taxes: $690.52 – Loudon County only Lot Size: 13.44+/- acres Zoning: R-1 SALE CONDUCTED IN CONJUNCTION WITHRONNIE COLYER | COLYER AUCTION & REALTY | 423-506-0990