16020 El Camino Ln, Lenoir City, TN, 37771

16020 El Camino Ln Lenoir City, TN 37771

Lenoir City
FOR SALE
Property Type:
Commercial Land Development
Amount:
$3,800,000
Last Verified:
Dec 11, 2025

Daily Email Blast
0 times


Highlights

  • 7.55 Acres
  • Highly visible tract from I-40/I-75 split / Watt Rd. exit
  • 517' of interstate visible frontage
  • 92,000+ VPD
  • C-2 Zoning allows for office, retail, c-stores, lodging/restaurants, wholesale business, auto/marine sales, day cares, funeral homes, veterinary services, professional and medical office etc.
  • Situated next to the planned Prosperity Crossing development to include a sports facility hosting athletes/families year around, hotels, various retail storefronts, apartments and restaurants

Description

7.55 Acres
Highly visible tract from I-40/I-75 split / Watt Rd. exit
517' of interstate visible frontage
92,000+ VPD
C-2 Zoning allows for office, retail, c-stores, lodging/restaurants, wholesale business, auto/marine sales, day cares, funeral homes, veterinary services, professional and medical office etc.
Situated next to the planned Prosperity Crossing development to include a sports facility hosting athletes/families year around, hotels, various retail storefronts, apartments and restaurants

Located off of the Watt Rd. exit near the I-40/I-75 split.


Year Built: 1953
Building Size: 1238sq ft
Building Class: C
Lot Size: 7.55 acres

Map of 16020 El Camino Ln, Lenoir City, TN, 37771

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.