Catylist ID:
#30467486
Development Opportunity Near I 40 Exit 407
Vacant Land
for Sale
Sale Pending/Contingent
| Catylist Listing ID: | 30467486 |
| Property Subtypes: | Hospitality, Multi-Family, Retail, Vacation/Resort |
| Status: | Pending/Contingent |
| Gross Land Area: | 41 Acres |
| Sale Price: | $3,239,000 |
| Unit Price: | $79,000 Per Acre |
| In Opportunity Zone? | Yes |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 2/16/2023 |
Overview / Comments
|
41-acre vacant land tract adjoins Bass Pro property. Ideal development site with rezoning. Rolling terrain and located in the Greenbelt. . Development potential; CI zoning (Commercial Intermediate) . All things tourism and hospitality facing south, including I-40 Exit 407 and Bass Pro parking lot . Across Snyder Road is Smokies Baseball Stadium and a recent land purchase by Eastern band of Cherokee Indians . Main traffic corridor to Great Smoky Mountain National Park . In the Greenbelt and city limits of Sevierville . IMPROVED PRICE! |
Attachments & Media
Additional Details
| Nearest MSA: | Sevierville |
| County: | Sevier |
| Tax ID/APN: | 008 026.00; Si 001 |
| Zoning: | COMMERCIAL INTERMEDIATE ( CI) |
| Property Located Between: | Sportsman Place and Bass Pro Drive |
| Property Visibility: | Good |
| Legal Description: | Map 008, Parcel 026.00 & Si 001 |
| Largest Nearby Street: | I-40 |
| Highway Access: | Bass Pro Drive |
| Site Description: | Rolling topography. Open and wooded. In the Greenbelt program. Former farm primarily comprised of pasture and some wooded area to north boundary. |
| Area Description: | Located in NW corner of I-40 Exit 407 behind Bass Pro Shop and neighbor of Smokies Baseball Stadium. Nearby restaurants and retail shops. Several multifamily units next door east of subject property. |
| Zoning Description: | Intermediate Commercial ( CI). Entire 41 acres annexed in City of Sevierville. Subject property in Greenbelt |
| Topography: | Rolling |
| Easements: | Ingress/Egress |
| Easements Description: | 70 foot Ingress/Egress ROW |
| Available Utilities: | Electric, Water, Sewer |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,756 | 9,329 | 13,441 |
| Median Age: | 37.17 | 39.82 | 40.02 |
| Households: | 650 | 3,564 | 5,130 |
| © 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. |
