NEW DUPLEX DEVELOPMENT - LENOIR CITY, TN 37771

New Duplex Development Lenoir City, TN 37771ONLINE ONLY REAL ESTATE AUCTION915 Highway 70 W Lenoir City, TN 3777113.44+/- acres of land in Lenoir City with fully approved concept plan for shovel ready subdivision developmentBIDDING BEGINS TO CLOSE:Wednesday, April 30that 12:00PM Noon (ET)Prime Development Opportunity in Lenoir City Loudon CountyInvestors and developers, seize an exceptional real estate opportunity in one of Lenoir Citys most strategic locations. This 13.44+/- acre Planned Unit Development (PUD), Phase II, represents a rare canvas for transformative real estate investment.Development PotentialThe 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 placeStrategic Location HighlightsSituated just off Highway 70 in Lenoir CityImmediate proximity to Highway 321Quick access to I-75Entry to property from Abbott Road off of Highway 70Investment OpportunitiesInvestors can:Complete lot development and sell individual parcelsConstruct condominiums for immediate resaleBuild out as a rental property portfolioThe approved concept plan and strategic location make this a turn-key development opportunity with minimal development hurdles. Whether youre 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 Buyers choosing.Loudon County Parcel / Tax ID:009 150.00Yearly Property Taxes:$690.52 Loudon County onlyLot Size:13.44+/- acresZoning:R-1SALE CONDUCTED IN CONJUNCTION WITHRONNIE COLYER | COLYER AUCTION & REALTY | 423-506-0990