Valley Heights Drive

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 29944003
Property Subtypes: Multi-Family
Status: Pending/Contingent
Gross Land Area: 3.16 Acres
Sale Price: $650,000
Unit Price: $205,696 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/13/2022

Overview / Comments

This 3.16 acre tract is located close to it all in the heart of Pigeon Forge, TN yet just far enough out to have some peace and quiet. Possible uses for this site include multifamily development, RV park development or a cabin project.

ADTC: 25,898

Wears Valley is a growing corridor of Pigeon Forge located close to everything but off the beaten path to avoid the crowds.

The Pigeon Forge had a revenue exceeding $1.34 Billion in 2020
• Lodging Revenue Exceeded $357M
• Restaurant Revenue Exceeded $243M
• Amusement Revenue Exceeded $197M
• Theater Revenue Exceeded $53M
• Retail Revenue Exceeded $151M

Additional Details

Nearest MSA: Sevierville
County: Sevier
Tax ID/APN: 078083I B 00100
Property Located Between: Wears Valley Road and Valley Height Drive
Largest Nearby Street: Wears Valley Road
Feet of Frontage: 170
Area Description: 3.16 Acres with access to Wears Valley Road Excellent visibility & vehicle access ADTC: 22,299 Near Kroger, Publix, Auto Zone, Advanced Auto, Sherwin Williams, Taco Bell, Subway
Lot Frontage: 170
Lot Depth: 250

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 11,107 22,559
Median Age: 37.61 39.4
Households: 4,164 8,914


Photograph of Listing Agent

John Haney, CCIM

NAI Koella | RM Moore KAAR CIE Member
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