Gatlinburg Development Tract

Vacant Land for Sale
Catylist Listing ID: 30168555
Property Subtypes: Hospitality, Office
Gross Land Area: 1.21 Acres
Sale Price: $550,000
Unit Price: $454,545 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/1/2017

Overview / Comments

NAI Koella | RM Moore, Inc. is pleased to exclusively offer for sale this vacant 1.21-acre commercially-zoned tract in downtown Gatlinburg, Tennessee. The tract was formerly improved with a multi-building motel D/B/A as The Nestle Inn which was completely destroyed during the major Gatlinburg wildfires in November, 2016. The tract is partly level with creek frontage and partly mountainous.

C-2 General Commercial zoning district allows for a variety of commercial uses
Utility water, sewer, and natural gas are available
One boundary has frontage on year-round creek
Convenient to downtown tourist attractions

Attachments & Media

Additional Details

Nearest MSA: Sevierville
County: Sevier
Tax ID/APN: 126M C 001.00
Zoning: C-2 GENERAL COMMERCIAL
Property Located Between: Circle Drive and Baskins Creek Road
Property Visibility: Good
Legal Description: Map 126M, Group C, Parcel 001.00; Map 126M, Group B, Parcel 005.00; Map 026M, Group A, Parcel 001.00
Largest Nearby Street: Parkway (US 441)
Feet of Frontage: 200
Highway Access: Parkway (US 441); Baskins Creek Road; Circle Drive
Site Description: Level to mountainous tract with creek frontage
Area Description: Located in the downtown tourist area of Gatlinburg, TN, a quaint mountain resort city and gateway to the Great Smoky Mountains National Park. Nearby attractions include Ober Gatlinburg Ski Resort, Ripley's Aquarium of the Smokies, Glades Road Arts & Crafts Community, quaint gift shops, trout fishing, and hiking trails.
Lot Frontage: 200
Zoning Description: C-2 General Commercial
In Flood Plain?: Yes
Topography: Other
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,673 1,941 10,760
Median Age: 38.79 41.64 45.11
Households: 706 841 4,469

Contact

Photograph of Listing Agent

David L. Gothard

NAI Koella | RM Moore KAAR CIE Member
© Copyright Knoxville Area Association of REALTORS┬«. All Rights Reserved. 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.