Parkway Development Site

Vacant Land for Sale
Catylist Listing ID: 28273871
Property Subtypes: Office, Retail, Other
Gross Land Area: 0.91 Acres
Sale Price: $640,000
Unit Price: $703,296 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/19/2021

Overview / Comments

Exclusively offered for sale is this highly visible commercial redevelopment tract located at the intersection of Parkway (US 441) and John L Marshall Drive within the city limits of Sevierville, Tennessee. The tract is elevated from the highway and is generally level on top. It features 180 highway front feet. City utilities are available.

The site seems well-suited for development of a free-standing retail or office building. See the Concept Plan that was completed in June 2020 which depicts a 7,500 square foot building.

Click the Interactive Map link below to view various map types and overlays such as parcels, water features, flood hazard zones and contours.

• Highly visible 0.91-acre tract on US 441-Parkway
• Located on the primary tourist traffic artery
• Level to sloping, all city utilities available
• 15 million annual area visitors

Additional Details

Nearest MSA: Sevierville
County: Sevier
Taxing Authority: City of Sevierville
Tax ID/APN: 061G B 049.00
Zoning: C-4
Market Type: Medium
Property Located Between: Parkway & John L. Marshall Drive
Road Type: Paved
Property Visibility: Excellent
Legal Description: Map 061G, Group B, Parcel 049.00, Lot 52 and part of Lot 53 of Marshall Woods Subdivision
Largest Nearby Street: Parkway (US 441)
Feet of Frontage: 180
Traffic/Vehicle Count: 43,674
Highway Access: Parkway (US 441); John L. Marshall Drive
Site Description: Corner lot with frontage on Parkway (US 441) and John L. Marshall Drive. Sloping upward from road and level on top. Former structure was removed.
Area Description: Sevierville is the county seat for Sevier County, a tourism-intensive area that attracts 15 million annual visitors. The other cities in Sevier County are Gatlinburg and Pigeon Forge. Area attractions include the Great Smoky Mountains National Park, Dollywood Theme Park, Dolly's Splash Country Water Park, WonderWorks, The Titanic Museum, Ober Gatlinburg Ski Resort, Ripley's Aquarium of the Smokies, and numerous restaurants, outlet malls, dinner/music theaters, and hiking trails.
Lot Frontage: 180
Lot Depth: 200
Zoning Description: C-4
Development Name: Parkway Redevelopment Site
Topography: Level
Easements: Utilities, Other
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,404 18,457 29,531
Median Age: 36.12 38.14 39.28
Households: 2,057 7,364 11,664

Contact

Photograph of Listing Agent

David L. Gothard

NAI Koella | RM Moore KAAR CIE Member
Photograph of Listing Agent

August Timisela

NAI Koella | RM Moore KAAR CIE Member
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