INCREDIBLE MULTI-PURPOSE VETERANS BLVD OPPORTUNITY

Vacant Land for Sale
Also listed as Retail-Commercial, Hospitality
Catylist Listing ID: 30179952
Property Subtypes: Hospitality, Multi-Family, Retail, Self Storage, Vacation/Resort
Gross Land Area: 44.92 Acres
Sale Price: $1,600,000
Unit Price: $35,618 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/13/2017

Overview / Comments

Over 2,000 feet of Veterans Blvd frontage. Current C-2 Zoning. Close to all the attractions in Sevier County. 3,600 Square Foot cabin built in 2006, great shape and could be used as an income producer. Cell phone tower that will produce income in approximately 15 years. Original thought for use of property was a RV Park with retail on Veterans and cabins along the top of the property. Adjacent to Dollywood and overlooking the back side of the Park and the Park’s parking. There is a large TVA electric line easement through part of the property. Lots of timber and a couple of roads already cut in. Great views from the top. All utilities at the street – gas, water, sewer and electric.

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $4,568 (Annual)

Additional Details

Nearest MSA: Sevierville
County: Sevier
Tax ID/APN: 084 038.03
Zoning: C-2
Area Description: Take I-40 East to Exit 407 toward Sevierville. Go 8.7 miles and turn onto W Main St. Go 1.4 miles to right onto Veterans Blvd. Approximately 4.6 miles to property. Property is the first driveway on left past McCarter Rd.
Easements: Electric Lines
Available Utilities: Electric, Water, Sewer

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,787 16,075 27,756
Median Age: 31.13 38.38 40.45
Households: 628 6,138 11,023
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