+/- 7.35 Acre Highway Frontage

Vacant Land for Sale
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: 1/20/2020

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.

There is a NEW (173) Unit Multi-Family Community on the Adjacent Parcel Leasing now. 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

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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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