340 Acre Pigeon Forge Development Land

Vacant Land for Sale
Catylist Listing ID: 30364304
Property Subtypes: Hospitality, Multi-Family, Residential (Single Family), Retail, Vacation/Resort, Other
Gross Land Area: 340 Acres
Sale Price: $9,000,000
Unit Price: $26,470 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/28/2019

Overview / Comments

340 +/- Acre Development Tract is one of the last large commercial tracts available in Sevier County. 2018 Revised Preliminary Development Plan includes 780 Resort Dwelling Units, 250 Employee Housing Units, and 95,000 SF Resort Commercial Village.

Pigeon Forge is Home to Dollywood Amusement Park, Dollywood Splash Country, Dixie Stampede, and Dollywood DreamMore Resort. The Island opened in 2013 and is home to Jimmy Buffet's Margaritaville, Dick's Last Resort, Paula Deen's Kitchen, and various restaurants and retail. Cal Ripken's Baseball Experience opened in 2016 and generates $42 million in revenue. The LeConte Center is the city's 232,000 square foot Convention and Events Facility. Annual 2017 Gross Receipts for the City of Pigeon Forge were approximately $1.3 Billion Dollars.

Owner willing to subdivide depending on usage

Attachments & Media

Additional Details

Nearest MSA: Sevierville
County: Sevier
Taxing Authority: Sevier County
Tax ID/APN: 095 056.00
Property Visibility: Excellent
Highway Access: 441/ 73
Part of Planned Development?: Yes

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,306 26,958
Median Age: 41 41.03
Households: 2,865 10,578


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