Development Land With River Frontage

Vacant Land for Sale
Catylist Listing ID: 30125096
Property Subtypes: Hospitality, Multi-Family, Retail, Vacation/Resort
Gross Land Area: 45.30 Acres
Sale Price: $2,140,000
Unit Price: $47,240 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/27/2017

Overview / Comments

NAI Koella | RM Moore, Inc. and Goldman Partners Realty, LLC are pleased to exclusively offer for sale these two contiguous development tracts in Sevierville, TN. They are located close to the Sevierville Convention Center, Wilderness at the Smokies Water Park Resort, Sevierville Golf Course, and other developments.

Most of the property is zoned C-5; smaller tracts are zoned C-3 and C-4
Utility water is available. Utility sewer is nearby at intersection of Old Knoxville Highway & Gists Creek Road
Access from Old Knoxville Highway. Mostly wooded with sloping topography.
Other tracts adjacent to the property or located nearby are under binding purchase and sale agreements
Frontage on West Prong of the Little Pigeon River (river frontage is in the FEMA floodway)
Possible long-range mountain views
Three smaller contiguous tracts are separately available under another listing.

Additional Details

Nearest MSA: Sevierville
County: Sevier
Tax ID/APN: 011.03, SI 001; 011.00
Zoning: C-5; C-3; C-4
Property Located Between: Old Knoxville Highway & Gists Creek Road
Legal Description: Map 038, Parcel 011.03 & SI 001; Map 038, Parcel 011.00
Largest Nearby Street: Winfield Dunn Parkway (Hwy. 66/US 441)
Highway Access: Old Knoxville Highway
Site Description: Mostly wooded with sloping topography; possible long-range mountain views
Area Description: The tracts are located a short distance south of the intersection of Old Knoxville Highway and Gists Creek Road in Sevierville, TN. They are adjacent to a large development tract located in a tourist-oriented mixed-use development formerly known as The Universe. That tract and several others are currently under a binding purchase and sale agreement. Winfield Dunn Parkway is the major highway artery nearby, and it is the primary ingress/egress route for Sevier County's 15 million annual visitors.
Zoning Description: C-5 Tourist Commercial District - It is the general purpose and intent of this district to establish areas of commercial uses along major arterial streets and adjacent intersection streets that encourage grouping of compatible commercial uses, reduce traffic congestion, and secure adequate light, air, and aesthetic qualities of the city. Some permitted uses are: hotels, retail stores, amusements, and multi-family; Smaller tracts are zoned C-3 & C-4.
Topography: Other
Easements: Other
Easements Description: Water Line Easement
Available Utilities: Water
Water Service: Municipal

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,139 30,557
Median Age: 38.74 39.67
Households: 2,759 12,019

Contact

Goldman Partners Realty, LLC

109 Circle Ln
Knoxville, TN 37919
865-444-3240
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Listing Provided Courtesy of NAI Koella | RM Moore — 865-453-8111

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