Property details
About Lake City Hwy
This gorgeous property features approximately 85 acres and sits just a mile from downtown Clinton and is a short drive to I-75. There is more than 600' of frontage on Lake City Highway and more than 800' on Longmire Road. Approximately 10 acres is cleared. The property offers views of the Cumberland Mountains and currently has a two-mile walking trail. The property is ideal for a single-family development or a variety of senior living and/or assisted living options (see concept plans in documents). The senior living opportunity is a high-need, high-margin business opportunity (see Senior Housing Market Analysis in documents), just 20 minutes from downtown Knoxville, University of Tennessee Medical Center, Tennova North Hospital, Fort Sanders Regional Medical Center and East Tennessee Children's Hospital. Additional opportunities include, with zoning approval, assisted living, rehab center and more. This sits in a tremendous location near Clinton Schools, Clinton Fire Department Station 1 (on Longmire Road), Aspire Park, restaurants, grocery and more.
Highlights
Summary
- MLS Number: 1288115
- MLS Name: East Tennessee REALTORS® MLS
- Office Name: Furrow Strickland Real Estate Services
- Office Phone: (865) 521-7500
- Office Email: rob@furrow.com
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Last updated on: 3/4/2025, 3:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,200,000
Lake City Hwy
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Price information
Property sales
Date | Event | Price |
---|---|---|
May 23, 2024 | Home Sold | $14,000 |
Jul 26, 2022 | Home Sold | $449,500 |
Aug 04, 2017 | Home Sold | $205,000 |
May 19, 2014 | Home Sold | $40,000 |
Apr 20, 2012 | Home Sold | $200,000 |
Tax history
We're sorry, we currently don't have tax history data for this listing.
History based on county public records data.
Nearby schools
5
North Clinton Elementary School
Public District KG-6
0.5 mi
•305 Beets St
8
Clinton Elementary School
Public District KG-6
1.2 mi
•210 N Hicks St
6
South Clinton Elementary School
Public District PK-6
2.9 mi
•242 Hiway Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $60,305. Typical income of Clinton, TN residents is between $35k-100k annually. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.
Frequently asked questions
About Lake City Hwy
This home is located at Lake City Hwy in Clinton, TN and zip code 37716. Features: 0 bathroom. It has been listed on Rocket Homes since January 29, 2025 and is currently priced at $2,200,000.
In February 2025 more than 0 listings in Clinton, TN were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 9 were sold below. The number of homes for sale in Clinton, TN decreased by 9.1% between January and February 2025. While the average time on the market in February 2025 was 71 days, the median list price was $327,600.