1.32 Acres Fee Simple on Dolly Parton Pkwy, Excellent for Development

Retail-Commercial for Sale
Also listed as Vacant Land
Catylist Listing ID: 30102732
Property Subtypes: Car Wash, Free-Standing Building, Garden Center, Mixed Use, Restaurant, Retail-Pad, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 6,000 SF
Gross Building Area: See Agent
Gross Land Area: 1.32 Acres
Sale Price: $1,300,000
Unit Price: $216.67 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/27/2017

Overview / Comments

This parcel is in a developed area of Sevierville, TN with long Standing businesses that include: Food City, AutoZone, McNelly Whaley Ford, McDonalds, FedEx Office Print Center, and Papa John’s Pizza.

The site has approximately 170' of road frontage with two entrances and existing traffic flows with neighboring businesses. It is ideal for fast food franchises or similar restaurant concepts with a daily traffic count of approximately 37,000 vehicles per day according to 2015 TDOT statistics.

Property currently has a 6000 sqft building formerly used as an auto shop and currently being used as office space for owner's U-Haul rental company.

Additional Details

Nearest MSA: Sevierville
County: Sevier
Zoning: C4
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Autozone and Robert Henderson Road
Property Visibility: Excellent
Largest Nearby Street: Dolly Parton Parkway
Traffic/Vehicle Count: 37,000
Highway Access: Direct Access with Two Established Entrances/Exits
Site Description: Approximately 170’ Road Frontage, Ease of Development, Existing Traffic Flows with Neighboring Businesses, Ideal for Fast Food Franchises or Similar Restaurant Concepts. Lot dimensions of 170.4' x 349.7'
Area Description: This parcel is in a developed area of Sevierville, TN. Long Standing Businesses Include: Food City, AutoZone, McNelly Whaley Ford, McDonalds, FedEx Office Print Center, and Papa John’s Pizza.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 6,000 SF
Property Condition: Fair
Year Built: 1980
Zoning Description: C-4 (Arterial Commercial) District. It is the general purpose and intent of this district to establish areas of commercial uses along major arterial streets and adjacent intersecting streets that encourage grouping of compatible commercial uses, reduce traffic congestion, and secure adequate light, air, and aesthetic qualities for residents of the city.
Lot Frontage: 170.4
Lot Depth: 349.7
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 18,405 30,776
Median Age: 38.93 38.96
Households: 7,409 12,088

Contact

Photograph of Listing Agent

Caleb Whaley

Keller Williams KAAR CIE Member
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