Catylist ID:
#30553994
| Catylist Listing ID: | 30553994 |
| Property Subtypes: | Multi-Family, Retail, Vacation/Resort |
| Gross Land Area: | 7.35 Acres |
| Sale Price: | $750,000 Per Acre |
| Total Price: | $5,512,500 |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 3/9/2023 |
Overview / Comments
|
Property comprised of (3) Parcels totaling +/- 7.35 Acres. Priced at $750K/ acre. Over 875 Feet of Highway Frontage (2017 ADT 50,561), +/- 500 Feet of River Frontage on the Little Pigeon River. This property is located on the "In- Bound" Side of Winfield Dunn Parkway/ Hwy 66 between the Sevierville Convention Center, Wilderness at the Smokies, Sevierville Golf Course and the Retail Area in Sevierville. Located less than 1/2 Mile from the New $90 Million Soaky Mountain Water Park Development located on Gists Creek Road scheduled to open 2020. (173) Unit Multi-Family Community on the Adjacent Parcel. Zoned Arterial Commercial (C-4) with the City of Sevierville. |
Attachments & Media
Additional Details
| Nearest MSA: | Sevierville |
| County: | Sevier |
| Taxing Authority: | Sevier County |
| Tax ID/APN: | Various |
| Zoning: | AC ARTERIAL COMMERCIAL (C-4) |
| Property Located Between: | City of Sevierville Events Center and Retail Area |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Highway 66/ Winfield Dunn Parkway |
| Traffic/Vehicle Count: | 50,561 |
| Topography: | Level |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,682 | 14,031 | 29,060 |
| Median Age: | 37.84 | 40.39 | 39.85 |
| Households: | 691 | 5,768 | 11,495 |
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