Radio propagation and path loss attenuation are subject to many research - even for LTE - throughout decades already. Nevertheless, smart city and Internet of Things concepts are emerging recently. Hence, new path loss studies are required to address new problems that come up with these. This study introduces eastern market districts, located in the heart of some big cities, as distinct areas with special needs. So, many widespread propagation models are analyzed and evaluated considering environmental properties. Consequently, the COST231 Walfisch-Ikegami model is found to be the best fit for the defined area type; hence, the need for the empirical measurements are eliminated. Finally, simulations and calculations are made using the model, in order to make inferences about the coverage, the capacity and the quality of an LTE network to serve smart city services to the area.