Spanning approximately 4.8 acres of rolling terrain along US-321 in Loudon County, this prime parcel offers unique development opportunities. Zoned R-1 and in the Suburban Residential District of Loudon County, current zoning supports subdividing and low-density residential possibilities. Electricity and water utilities are in place. A large residential subdivision is under development immediately across US-321 and others are coming. However, situated along the Urban Growth corridor of Lenoir City offers potential for Lenoir City annexation. The site is ideally positioned for future commercial zoning options along with infrastructure enhancements and growth initiatives that could provide access to sewer. The site provides excellent accessibility with nearly 900 feet of road frontage directly on US-321. Additionally, there is a median cross over to both north and south bound lanes at Waller Ferry Road, which also provides access to the back side of the property. This is an ideal choice for commercial development in a thriving, forward-looking community. From I-40 W toward Nashville, take Exit 364 for US-321 and turn left. In approximately 1.5 miles, property will be on the left at the corner of US-321 and Waller Ferry Road, directly across from Haven Hill subdivision. From I-75 S toward Chattanooga, take Exit 81 for Lenoir City, turn right onto US-321. In approximately 3 miles, the property will be on the right at the corner of Waller Ferry Road and US-321, directly across from Haven Hill subdivision.