Catylist ID:
#30837011
| Catylist Listing ID: | 30837011 |
| Property Subtypes: | Hospitality, Retail, Retail-Pad |
| Gross Land Area: | 3.10 Acres |
| Sale Price: | $2,250,000 |
| Unit Price: | $725,806 Per Acre |
| In Opportunity Zone? | Yes |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/31/2023 |
Overview / Comments
|
Stadium Drive is located off of I-40 at Exit 407 on one of the busiest sections of interstate in the US. This exit serves as the gateway to the Smoky Mountains, which boasts over 12 Million visitors in 2022, making it one of the Top 15 tourist destinations in the US. Stadium Drive is also located directly in front of the Tennessee Smokies Park, home to the Chicago Cubs A A affiliate, the Tennessee Smokies. The Smokies are scheduled to relocate to a new stadium in Knoxville in 2025 and the Eastern Band of Cherokee Indians have purchased 122 acres surrounding the Stadium. The EBCI have already begun developing their 198 acres on the south side of I-40 with Buc-ee's under construction, but timing and plans for their land around the stadium have not been announced. Sevierville is famous for being Dolly Parton’s hometown and her family amusement park, Dollywood. But is also well known for spectacular shopping, dining and numerous outdoor activities. |
Attachments & Media
Additional Details
| Nearest MSA: | Sevierville |
| County: | Sevier |
| Tax ID/APN: | 078008 03602 |
| Zoning: | C-5 TOURIST COMMERCIAL DISTRICT |
| Property Located Between: | I-40 and Stadium Dr |
| Property Visibility: | Excellent |
| Largest Nearby Street: | I-40 |
| Traffic/Vehicle Count: | 77,977 |
| Highway Access: | I-40, Exit 407 |
| Airports: | McGhee Tyson Airport |
| Zoning Description: | C-5 Tourist Commercial District |
| Topography: | Level |
| Available Utilities: | Electric, Water, Sewer |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 4,091 | 11,901 | 17,963 |
| Median Age: | 38.84 | 40.44 | 39.95 |
| Households: | 1,578 | 4,565 | 6,827 |
Contact
| © Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Knoxville Area Association of REALTORS® nor Moody's assume any liability for errors or omissions. |
