2575 Parkway

    Pigeon Forge, TN 37863
    • $10,500,000
    • STATUS: Active
    • ON SITE: 305 days
    • ID#: 213603
    UPDATED: 32 min ago
    $10,500,000
    • 0
      BEDS
    • 6.41
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 279,319
      SQFT
    • $38
      $/SQFT
    Neighborhood:
    N/A
    Type:
    Commercial
    Built:
    1984
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Nai Koella | Rm Moore.

    Description

    This is a rare opportunity for a visionary commercial investor/developer to acquire 6.4123 acres at one of the premier locations in the tourist destination city of Pigeon Forge, Tennessee. Located at the northeast corner of Parkway (US 441) and East Wears Valley Road, the property features level topography, excellent highway frontage (approximately 1024 front feet), access, and visibility, and scenic river frontage (approximately 930 feet). The land is improved with The Track - Pigeon Forge, a popular amusement venue, where the operator lessee has a long-term ground lease which expires in about 9 years (1/1/2027). The City of Pigeon Forge has an easement along the river on the back of the Property which it is developing as part of The Riverwalk Greenway, a public access walking trail. The trail is currently almost 2 miles long, and when completed will stretch for four miles, connecting one side of the city to the other. This will provide tremendous foot traffic to the Property in addition to the highway traffic.

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    Copyright 2018 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Colonial Real Estate. Information deemed reliable but not guaranteed. Last updated 2018-10-20T09:15:42.777.
    www.smokylistings.com/homes/79464469

    2575 Parkway Pigeon Forge, TN 37863

    • Price: $10,500,000
    • Status: Active
    • Updated: 32 min ago
    • ID#: 213603
    0
    Beds
    0
    Baths
    0
    ½ Baths
    6.41
    Acres
    279,319
    SQFT
    $38
    $/SQFT
    1984
    Built
    Neighborhood:
    N/A
    County:
    Sevier
    Area:
    Pigeon Forge
    Property Description
    This is a rare opportunity for a visionary commercial investor/developer to acquire 6.4123 acres at one of the premier locations in the tourist destination city of Pigeon Forge, Tennessee. Located at the northeast corner of Parkway (US 441) and East Wears Valley Road, the property features level topography, excellent highway frontage (approximately 1024 front feet), access, and visibility, and scenic river frontage (approximately 930 feet). The land is improved with The Track - Pigeon Forge, a popular amusement venue, where the operator lessee has a long-term ground lease which expires in about 9 years (1/1/2027). The City of Pigeon Forge has an easement along the river on the back of the Property which it is developing as part of The Riverwalk Greenway, a public access walking trail. The trail is currently almost 2 miles long, and when completed will stretch for four miles, connecting one side of the city to the other. This will provide tremendous foot traffic to the Property in addition to the highway traffic.
    Exterior Features

    Access City StreetPaved RoadUs Highway Exterior Features LightingOnsite ParkingPaved ParkingPole SignSidewalks Lot Front 1024

    Property Features

    Annual Tax 42979 Business Name N/A Commercial Type Fee Simple Improved Common Area Maintenance Per Month 0 Current Use Amusement District 05 Documents On File Aerial Photo Hoa Per Month 0 Lot Block Unit -- Possession Tenants Rights Proposed Financing CashConventional Restrictive Covenants Yes Sale Or Rent For Sale Suitable Use AmusementFood ServiceMotel/HotelRetailRetail-Shopping Center Tax Year 2016 Utilities ElectricGasPhoneSewerUtility Water Zoning C-2 Zoning Entity Pigeon Forge

    Copyright 2018 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed.
    Copyright 2018 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Colonial Real Estate. Information deemed reliable but not guaranteed. Last updated 2018-10-20T09:15:42.777.
     
    Colonial Real Estate
    3049 Veterans Blvd
    Pigeon Forge TN, 37863
    Listing courtesy of Nai Koella | Rm Moore.