Catylist ID:
#28273871
Catylist Listing ID: | 28273871 |
Property Subtypes: | Office, Retail, Other |
Gross Land Area: | 0.88 Acres |
Sale Price: | $593,000 |
Unit Price: | $673,863 Per Acre |
Sale Terms: | Cash to Seller |
Cap Rate: | Undisclosed |
Last Updated: | 6/29/2022 |
Overview / Comments
Exclusively offered for sale is this highly visible commercial redevelopment tract located at the intersection of Parkway (US 441) and John L Marshall Drive within the city limits of Sevierville, Tennessee. The tract is elevated from the highway and is generally level on top. It features 180 highway front feet. City utilities are available. The site seems well-suited for development of a free-standing retail or office building. See the Concept Plan that was completed in June 2020 which depicts a 7,500 square foot building. Click the Interactive Map link below to view various map types and overlays such as parcels, water features, flood hazard zones and contours. • Highly visible 0.88-acre tract on US 441-Parkway • Located on the primary tourist traffic artery • Level to sloping, all city utilities available • 15 million annual area visitors |
Attachments & Media
Financials
Finance Data Year | 2021 |
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Real Estate Taxes - Annual($) | $1,074 (Annual) |
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 |
Demographic Statistics
Proximity: | 1 mile | 3 miles | 5 miles |
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Total Population: | 5,404 | 18,457 | 29,531 |
Median Age: | 36.12 | 38.14 | 39.28 |
Households: | 2,057 | 7,364 | 11,664 |
Contact
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