Restaurant Hotel Site

Vacant Land for Sale
Catylist Listing ID: 30663633
Property Subtypes: Hospitality, Retail, Vacation/Resort
Gross Land Area: 2.20 Acres
Sale Price: $2,500,000
Unit Price: $1,136,363 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/12/2020

Overview / Comments

2.2 acre corner lot in prime Pigeon Forge location! C-4 Zoning across the street from the $50MM LeConte' convention and Conference Center just off Teaster Lane. Adjoins new City 17 acre parking lot and the Cal Ripken Tournament baseball fields. Teaster Lane Corridor expansion has seen the largest investment for new business in Pigeon Forge. The $50 million LeConte' Convention Center has 232,000 sf including 100,000sf for exhibit space to house the largest of events and conventions making this site beautifully located for a Hotel/Restaurant or any C-4 zoning compliant use! Site has free tram transportation which takes visitors all through Pigeon Forge which is a huge draw.

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Additional Details

Nearest MSA: Sevierville
County: Sevier
Taxing Authority: Pigeon Forge
Tax ID/APN: 078083 09028
Property Located Between: Jake Tomas Road and East Wears Valley Road
Property Visibility: Excellent
Legal Description: Parcel/Tax ID 083 090.28 Deed/BookPage: 5490/525
Largest Nearby Street: Teaster
Feet of Frontage: 377
Traffic/Vehicle Count: 18,000
Site Description: Flat, Compacted Pad Ready
Lot Frontage: 377 ft on Teaster Ln
Lot Depth: IRR
Zoning Description: C-4 Planned Unit - Commercial District
Development Name: Pigeon Falls
Topography: Level
Easements: Other
Soil Type: Clay
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,403 15,394 24,121
Median Age: 38.1 37.92 39.7
Households: 1,270 5,816 9,553

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