1156 Wears Valley Road, 1134,1138,1148 Wears Valley Rd. Pigeon Forge, TN 37863

$3,700,000
1156 Wears Valley Road, Pigeon Forge, TN 37863
218982

Commercial Property for sale in Pigeon Forge, TN

for $3,700,000. This 21,387 square foot building was built on a lot size of 10.92 Acre(s).

Property Information

  • $3,700,000
  • Commercial
  • 21,387 Square Feet
  • Taxes are $6,922
  • Active
  • Lot size of 10.92 Acre(s)
  • Pigeon Forge, TN
  • Sevier County
  • MLS/Web ID is 218982
  • Just Listed

Description

This assemblage of six improved and unimproved land parcels with about 10.92 total acres presents an attractive redevelopment opportunity within the city limits of Pigeon Forge, a primary tourist destination. The property seems well-suited for a retail/office center on the front and multifamily development on the back. Two parcels are each improved with a single-family residential rental house. One parcel is improved with a retail store and a warehouse. One parcel is improved with three office buildings. Some improvements are leased short-term. Two parcels are unimproved. About one-half of the property is generally level and the remainder is rolling and largely wooded. The parcel numbers are 133, 140, 140.01, 141, 145, and 146. Partially zoned C6 Commercial and partially zoned R-2 High Density Residential.

Interior 1

Sewer

  • Sewer

Exterior 1

Road Frontage

  • City Street
  • Paved

Miscellaneous 1

Utilities

  • Electric
  • Water

† Excluded Feature

Listed By

Broker: NAI KOELLA / RM MOORE

1156 Wears Valley Road, 1134,1138,1148 Wears Valley Rd., Pigeon Forge, TN, 37863 is a Commercial Property for sale at $3,700,000 with 21,387 sqft and a lot size of 10.92 Acre(s). 1156 Wears Valley Road, 1134,1138,1148 Wears Valley Rd. has 0.0 baths. The property's zip code is 37863 which is in Pigeon Forge, TN

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Market Pricing

Average % of sale price Median % of sale price
All listings in Pigeon Forge $567,135 85 % below $278,900 92 % below
Commerical listings in Pigeon Forge $1,739,514 53 % below $820,000 78 % below

Get the facts about Pigeon Forge, TN!

Population 6,357
Population Growth (since 2000) 17 %
Median Income $35,176
Median Age 39.97
Households w/ Children 24 %

Residential Dwellings

  • Owned 1328
  • Vacant 2466
  • Rented 1105

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