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1134-1138 Wears Valley Road, Pigeon Forge, TN 37863
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$1,990,000
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Home Details for 1134-1138 Wears Valley Road
Price
$1,990,000
Type
Commercial/Industrial
Year Build
1961
Sq. Ft.
4394
Lot Size
6.95
County
Sevier
Tax
$2,367.44
MLS®️ Listing#
302316
On exitrealty.com
377 days
Property Description
This combined commercial and residential property presents an attractive redevelopment opportunity within the city limits of Pigeon Forge, a primary tourist destination. The property is located on Wears Valley Road, a high traffic 5-lane artery with a median for convenient ingress and egress. The combination of adjoining parcels totals approximately 6.95 acres (093 133.00, 140.00, 145.00, 146.00). The two parcels that front Wears Valley Road are commercially zoned (C-6) with a combined acreage of 1.55 acres, and each parcel is improved with a residential building (one built in 1961 and one built in 1975). The parcels in the back total approximately 5.40 acres and are mostly zoned R-2 for high density residential development. Access to the R-2 parcels will be through the front two C-6 zoned parcels. The property can be an outstanding fit for commercial use in the front, like restaurants and food services, professional services, and retail sales, with cabin and other high density residential development in the back property. The property seems well suited for a commercial retail/office development on the two commercial lots and a log cabin resort on the back high-density residential-zoned tract.
Listing Courtesy: NAI Koella | RM Moore - 865-453-8111
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Market statistics compiled from data from Greater Smokey Mountain Association of Realtors.
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EXIT TENNESSEE REALTY PROS
3278 Wears Valley Rd, Sevierville, TN 37862
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$1,990,000
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EXIT TENNESSEE REALTY PROS
3278 Wears Valley Rd, Sevierville, TN 37862