Vacant land for Lease Wears Valley Road
Vacant Land
for Lease
| Catylist Listing ID: |
30657048 |
| Property Subtypes: |
Hospitality, Multi-Family, Office, Retail, Other
|
| Gross Land Area: |
1.05 Acres
|
| Lease Rate: |
$3,000 (Monthly)
$0.79 PSF (Annual)
|
| Lease Types: |
Net Lease |
| Last Updated: |
4/17/2021 |
Overview / Comments
|
Property fronts on busy 4-lane Hwy. 321-S. (Wears Valley Road) in City of Pigeon Forge and is Zoned C-6, allowing for a multitude of uses. (See Zoning in Associated Docs.) Initial Ground Lease is for 5-Years with CPI adjustments annually and options to renew in 5-Year Increments (negotiable). Lease will be for one acre and can be expanded up to two acres with adjustment in lease amount. (Initial offer is 1.05 Acres, M/L (Map 093, Parcel 127.00, SI 002), starting at $3,000 per month ($36,000 First Year), with a five-Year Lease, and at beginning of Year Two, Cost of Living Increases annually based upon the Social Security CPI. Also offered are options for additional Five-Year Terms, to be negotiated according to Tenant’s needs and owner/landlord’s approval.) Any use must comply with Zoning and City Regulations. High traffic volume consists of both permanent and seasonal guests of the Great Smoky Mountain area. Trolley stop is VERY close. Convenient location to business in town, tourist attractions, shopping and more. TDOT reflects average daily traffic count (2018) of 29,153 in that 3-mile corridor from the Parkway (U.S. 441) out to City Limits of Pigeon Forge at intersection of Walden’s Creek Rd. Utility water, sewer, natural gas, electric . . . all City services available.
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Additional Details
| Nearest MSA: |
Sevierville |
| County: |
Sevier |
| Taxing Authority: |
Pigeon Forge |
| Tax ID/APN: |
078093 12700 |
| Zoning: |
C-6 |
| Property Located Between: |
Easy Street/ Wears Valley Road |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Easy Street |
| Feet of Frontage: |
376 |
| Traffic/Vehicle Count: |
29,153 |
| Highway Access: |
HWY 321 |
| Area Description: |
Tourism, Vacation |
| Lot Frontage: |
376 |
| Lot Depth: |
IRR |
| Zoning Description: |
See attached files |
| Topography: |
Rolling |
| Available Utilities: |
Electric, Water, Gas, Sewer, Cable, Internet Access |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,660 |
8,136 |
25,637 |
| Median Age: |
40.87 |
40.36 |
40.77 |
| Households: |
634 |
3,184 |
10,200 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Knoxville Area Association of REALTORS® nor
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