Catylist ID:
#30628767
Gatlinburg Development Tract
Vacant Land
for Sale
Sale Pending/Contingent
| Catylist Listing ID: | 30628767 |
| Property Subtypes: | Hospitality, Office |
| Status: | Pending/Contingent |
| Gross Land Area: | 1.21 Acres |
| Sale Price: | $425,000 |
| Unit Price: | $351,239 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/13/2021 |
Overview / Comments
|
Offered for sale is this vacant 1.21-acre commercially-zoned tract in downtown Gatlinburg, Tennessee. The tract was formerly improved with a multi-building motel D/B/A as The Nestle Inn which was completely destroyed during the major Gatlinburg wildfires in November, 2016. The tract is partly level with creek frontage and partly mountainous. C-2 General Commercial zoning district allows for a variety of commercial uses Utility water, sewer, and natural gas are available One boundary has frontage on year-round creek Convenient to downtown tourist attractions |
Attachments & Media
Additional Details
| Nearest MSA: | Sevierville |
| County: | Sevier |
| Tax ID/APN: | 126M C 001.00 |
| Zoning: | C-2 GENERAL COMMERCIAL |
| Property Located Between: | Circle Drive and Baskins Creek Road |
| Property Visibility: | Good |
| Legal Description: | Map 126M, Group C, Parcel 001.00 |
| Largest Nearby Street: | Parkway (US 441) |
| Feet of Frontage: | 200 |
| Highway Access: | Parkway (US 441); Baskins Creek Road; Circle Drive |
| Site Description: | Level to mountainous tract with creek frontage |
| Area Description: | Located in the downtown tourist area of Gatlinburg, TN, a quaint mountain resort city and gateway to the Great Smoky Mountains National Park. Nearby attractions include Ober Gatlinburg Ski Resort, Ripley's Aquarium of the Smokies, Glades Road Arts & Crafts Community, quaint gift shops, trout fishing, and hiking trails. |
| Lot Frontage: | 200 |
| Zoning Description: | C-2 General Commercial |
| In Flood Plain?: | Yes |
| Topography: | Other |
| Available Utilities: | Electric, Water, Gas, Sewer |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,673 | 1,941 | 10,760 |
| Median Age: | 38.79 | 41.64 | 45.11 |
| Households: | 706 | 841 | 4,469 |
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