1148 Wears Valley Road, Pigeon Forge, TN 37863

$2,049,000
List Price
$2,049,000
Status
PENDING-CONTINUE TO SHOW
MLS#
227198
County
Sevier
Days on Market
407
Acres
8
Year Built
1997

Property Description

This assemblage of three parcels is located on the north side of Wears Valley Road (US 321) within the city limits of Pigeon Forge. It is located 1.8 miles west of the intersection of Wears Valley Road and the Parkway (US 441). There is frontage on Wears Valley Road with ready access. The front acres (approximately 1.85 acres) seem well-suited for commercial mixed-use development and the back acres (approximately 6.2 acres) for multifamily development. The three land parcels of about 8 acres presents an attractive redevelopment opportunity within the city limits of Pigeon Forge, a primary tourist destination. The property seems well-suited for substantial multifamily development on the back and commercial on the front. The parcel in the middle is zoned commercial in the front and residential in the back. The front part is improved with a retail store and a warehouse. The back part of the middle parcel and the other two parcels are unimproved. The front part of the property with street access is generally level and the remainder is rolling and largely wooded. This property is part of three adjacent listings with a combined acreage of approximately 11 acres. Contact the listing brokers for possibilities to purchase a combination of these properties.

Additional Information

Annual Tax
4062.9
Tax Year
2019

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of NAI Koella | RM Moore.

Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2021 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .