1134-1138 Wears Valley RD, Pigeon Forge, TN 37863
1134-1138 Wears Valley RD, Pigeon Forge, TN 37863
1134-1138 Wears Valley RD, Pigeon Forge, TN 37863
1134-1138 Wears Valley RD, Pigeon Forge, TN 37863
1134-1138 Wears Valley RD, Pigeon Forge, TN 37863
1134-1138 Wears Valley RD, Pigeon Forge, TN 37863
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Allen Perry

Allen Perry

+1(615) 738-1550
Listed by David Gothard • NAI Koella | RM Moore
$ 1,700,000
Est. payment | /mo

4,394 SqFt

Save
$ 1,700,000
Est. payment | /mo
Save

4,394 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,394 sqft

Price per Sqft $386

MLS Listing ID 302316

HOA Y/N No

Year Built 1961

Annual Tax Amount $2,367

Tax Year 2023

Lot Size 6.950 Acres

Acres 6.95

Property Sub-Type Mixed Use

Source Great Smoky Mountains Association of REALTORS®

Land Area 4394

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.

Location

State TN

County Sevier

Zoning C6; R2

Direction From the Parkway (US 441) in Pigeon Forge, turn at Light #3 onto Wears Valley Road. Go approximately 1.8 miles to property on right.

Exterior

Parking Features On Site

Utilities Available Electricity Available

Road Frontage City Street, State Road

Building

Lot Description City Lot, Corner Lot

Story 1

Others

Acceptable Financing Cash, Conventional, Fee Simple Improved

Listing Terms Cash, Conventional, Fee Simple Improved

NEARBY LOCATIONS

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1134-1138 Wears Valley RD