Catylist ID: #30579756
Commercial Redevelopment Site in Pigeon Forge
Retail-Commercial for Sale
|Catylist Listing ID:||30579756|
|Property Subtypes:||Free-Standing Building, Mixed Use, Other|
|Building Size (RSF):||4,394 SF|
|Gross Building Area:||See Agent|
|Gross Land Area:||6.84 Acres|
|Unit Price:||$500.68 PSF|
|Property Use Type:||Investment, Vacant/Owner-User|
|Sale Terms:||Cash to Seller|
Overview / Comments
This combined commercially and residentially-zoned property presents an attractive redevelopment opportunity within the city limits of Pigeon Forge, a primary tourist destination. The property is located on Wears Valley Road, a high traffic 5-lane artery with a median for convenient ingress and egress.
The combination of adjoining parcels totals approximately 6.95 acres.
The two parcels that front Wears Valley Road are commercially zoned )C-6) with a combined acreage of 1.55 acres and each of the two is improved with a residential building that is currently rented.
The other three parcels, two of which are partial tax parcels, total approximately 5.40 acres and are mostly zoned R-2 for high density residential development. A small portion is being rezoned to R-2. Access to the R-2-zoned parcels will be through the front two C-6 zoned parcels.
The property can be an outstanding fit for commercial use in the front, like restaurants and food services, professional services and retail/sales, and cabin and residential development in the back property.
- High traffic count
- Outstanding visibility
- All municipal utilities are available
- Zoned C-6 Commercial and R-2 High Density Residential
- Approximately 160 front feet on US Highway 321 (Wears Valley Road)
- Good accessibility from 5 lane road with median
Attachments & Media
|Finance Data Year||2019|
|Real Estate Taxes - Annual($)||$2,093 (Annual)|
|Tax ID/APN:||093 133.00, p/o 140.00; p/o 141.00, 145.00 & 146.00|
|Property Located Between:||White Falcon Way and Chapel Way|
|Largest Nearby Street:||Wears Valley Road|
|Feet of Frontage:||160|
|Highway Access:||Wears Valley Road|
|Site Description:||Several parcels with frontage on Wears Valley Road, improved with two residential structures that are currently rented.|
|Total Number of Buildings:||2|
|Zoning Description:||C-6 Commercial; R-2 High Density Residential|
|Land Ownership:||Fee Simple|
|Legal Description:||Map 093, Parcels 133.00, p/o 140.00, p/o 141.00, 145.00 & 146.00|
|Proximity:||1 mile||3 miles||5 miles|
David L. GothardNAI Koella | RM Moore KAAR CIE Member
August TimiselaNAI Koella | RM Moore KAAR CIE Member
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