Downtown Commercial Site

Vacant Land for Sale
Catylist Listing ID: 30710154
Property Subtypes: Hospitality, Office, Retail, Retail-Pad
Gross Land Area: 1.23 Acres
Sale Price: $260,000
Unit Price: $211,382 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/8/2021

Overview / Comments

This commercial lot fronts West Main Street (US 411) in downtown Sevierville. It is located alongside a scenic riverfront park and greenway. The arterial commercial zoning allows for a wide variety of commercial uses. The owner has a set of plans for a 68-room Mainstay Suites, and the plans will convey with the property. However, it is not known whether that hotel flag is currently available for this location. A significant portion of the property lies within the FEMA 100-year flood plain and will require fill to be developed.

. Adjoins the scenic West Prong Greenway, a park and walking/running trail along the West Prong of the Little Pigeon River
. Income-producing billboard
. City utilities available
. Plans for 68-room Mainstay Suites available (not current)
. Geotech report available
. Partially in FEMA floodplain - will require fill

Attachments & Media

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $749.53 (Annual)

Additional Details

Nearest MSA: Sevierville
County: Sevier
Tax ID/APN: 049J B 00102
Zoning: ARTERIAL COMMERCIAL (AC OR C-4)
Property Located Between: Parkway (US 441) and Hardin Lane
Property Visibility: Excellent
Legal Description: Map 049J, Group B, Parcel 001.02
Largest Nearby Street: US 441
Feet of Frontage: 202
Traffic/Vehicle Count: 16,297
Highway Access: West Main Street (US 411)
Site Description: Level to rolling 1.23-acre tract that fronts West Main Street, and adjoins the scenic West Prong Greenway, a park and walking/running trail along the West Prong of the Little Pigeon River.
Area Description: Located in an area of commercial development near the 441/411 intersection of Sevierville.
Lot Frontage: 202
Lot Depth: 330
Zoning Description: Arterial Commercial (AC or C-4)
In Flood Plain?: Yes
Topography: Rolling
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 17,840 29,502
Median Age: 38.98 39.07
Households: 7,152 11,630

Contact

Photograph of Listing Agent

David L. Gothard

NAI Koella | RM Moore KAAR CIE Member
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