Former Ponderosa Restaurant Site
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Property Type:
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Vacant Land
for Sale
Hospitality, Retail, Retail-Pad, General
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| Gross Land Area: |
2 Acres |
| Sale Price: |
$1,650,000 |
| Unit Price: |
$825,000.00 Per Acre |
| Sale Terms: |
Cash to Seller |
| Last Updated: |
8/30/2010 |
Approximately 2 acres located on the parkway in Pigeon Forge, TN with 276 feet of frontage, on the south bound lane, just before you leave Pigeon Forge. This property was formerly a Ponderosa Steakhouse sight and lends itself well to any retail use especially a restaurant. Average annual daily traffic counts of 47,000 automobiles ensure that this property has tremendous exposure to visitors as well as full time residents. This site is pad ready, and is a great opportunity to purchase a retail site on the Parkway in Pigeon Forge, TN.
Pigeon Forge is the seventh most visited overnight leisure destination in the United States. Its 7.8 million overnight guests place it ahead of many other well-known destinations including Nashville, Tennessee and Branson, Missouri.
Day-trippers traveling 50 miles or more to Pigeon Forge comprise an additional 3.2 million annual visitors. Furthermore, the number of day-trippers traveling less than 50 miles to Pigeon Forge each year is estimated to be in the range of 1-2 million more visitors.
This is an great opportunity to purchase frontage property on the parkway in Pigeon Forge. These opportunities don't come along very often.
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| Nearest MSA: |
Sevierville |
| County: |
Sevier |
| Development Name: |
Parkway in Pigeon Forge |
| Tax ID Number/APN: |
095P B 002.00 |
| Zoning: |
Retail |
| Side of Street: |
West |
| Property Visibility: |
Excellent |
| Street Name: |
Parkway |
| Feet of Frontage: |
276 |
| Vehicle Count: |
47,000 |
| Highway(s) Access: |
Located on US Hwy 321/441(the Parkway in Pigeon Forge). |
| Site Description: |
Flat pad ready retail site in high tourism area. |
| Area Description: |
Pigeon Forge is the seventh most visited overnight leisure destination in the United States. Its 7.8 million overnight guests place it ahead of many other well-known destinations including Nashville, Tennessee and Branson, Missouri. |
| Lot Frontage (Feet): |
276 |
| Lot Depth: |
300 |
| Zoning Description: |
Retail |
| Topography: |
Level |
| Available Utilities: |
Electric, Water, Gas |
2000 CensusDemographic Statistics |
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
762 |
5,569 |
14,809 |
| Median Age: |
41 |
37 |
39 |
| Households: |
325 |
2,193 |
5,956 |
| Avg. Household Income: |
$36,442 |
$40,143 |
$43,550 |
| More Demographic Statistics |
For More Information, Contact… |
| Note: The information presented herein is provided as is, without warranty of any kind. Neither Knoxville Area Association of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
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