Your email has been sent.
1134 Wears Valley Rd - High Traffic Redevelopment Property 6.95 Acres of Commercial Land Offered at $2,776,448 CAD in Pigeon Forge, TN 37863
INVESTMENT HIGHLIGHTS
- High traffic count
- All municipal utilities are available
- Approximately 160 front feet on US Highway 321 (Wears Valley Road)
- Outstanding visibility
- Zoned C-6 Commercial and R-2 High Density Residential
- Good accessibility from 5-lane road with median
PROPERTY FACTS
1 LOT AVAILABLE
Lot 0
| Price | $2,776,448 CAD | Lot Size | 6.95 AC |
| Price Per AC | $399,488.92 CAD |
| Price | $2,776,448 CAD |
| Price Per AC | $399,488.92 CAD |
| Lot Size | 6.95 AC |
6.95-acre tract in city limits of Pigeon Forge on Wears Valley Road. Front commercial lots (1.55 acres zoned C-6) are improved with two residential rental houses. Back 5.40 acres zoned R-2, high density residential development.
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. 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 zoned 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 with a log cabin resort on the back high-density residential-zoned tract.
Presented by
1134 Wears Valley Rd - High Traffic Redevelopment Property
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.