Dolly Parton Parkway Development Tract

Vacant Land for Sale
Catylist Listing ID: 30509255
Property Subtypes: Multi-Family, Office, Retail, Other
Gross Land Area: 1.34 Acres
Sale Price: $695,000
Unit Price: $518,656 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/13/2019

Overview / Comments

Commercial development tract for sale, with attractive road frontage and high visibility on Dolly Parton Parkway. The property consists of 1.34 acres and is conveniently located near the intersection with Newport Highway/Old Newport Highway/Pittman Center Road. The location benefits from easy accessibility and high traffic counts (29,537 vehicles at Dolly Parton Parkway in 2018). The lot is within the city limits of Sevierville and has utility water, sewer, and electricity available. Furthermore, the property is fully level on the Dolly Parton Parkway road side, and has a gentle slope in the wooded back area of the property on Cherokee Circle.

The property is entirely outside the FEMA flood hazard zone.

Seller will consider owner financing.

- 1.34 Acres with Attractive Road Frontage
- High Visibility and Easy Accessibility
- High Traffic Count
- Close to Intersection with Commercial Services

Attachments & Media

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $1,944 (Annual)

Additional Details

Nearest MSA: Sevierville
County: Sevier
Tax ID/APN: 050N 014.00
Zoning: C-4 - ARTERIAL COMMERCIAL
Property Located Between: Cherokee Circle and Hwy 416
Property Visibility: Excellent
Legal Description: Map 050N, Group B, Parcel 014.00, Lot 10
Largest Nearby Street: Dolly Parkway Parkway (US 411)
Feet of Frontage: 360
Traffic/Vehicle Count: 29,537
Highway Access: Dolly Parton Parkway and Cherokee Circle
Site Description: Level and cleared on Dolly Parton Parkway; gently sloping and wooded on Cherokee Circle
Area Description: Located in an area of residential communities, commercial development, schools, and professional offices.
Lot Frontage: 360.81
Lot Depth: 212.92
Zoning Description: C-4 - Arterial Commercial
Topography: Level
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,391 14,726 32,173
Median Age: 41.05 37.62 39.57
Households: 1,065 5,695 12,709

Contact

Photograph of Listing Agent

David L. Gothard

NAI Koella | RM Moore KAAR CIE Member
Photograph of Listing Agent

August Timisela

NAI Koella | RM Moore KAAR CIE Member
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