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    1191 Wears Valley Road

    Pigeon Forge, TN 37863
    • $36,000
    • STATUS: Active
    • ON SITE: 190 days
    • ID#: 230578
    UPDATED: 16 min ago
    $36,000
    • 0
      BEDS
    • 1.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    N/A
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Re/Max Adventure Realty.


    Description

    Property fronts on busy 4-lane Hwy. 321-S. (Wears Valley Road) in City of Pigeon Forge and is Zoned C-6, allowing for a multitude of uses. (See Zoning in Associated Docs.) Initial Ground Lease is for 5-Years with CPI adjustments annually and options to renew in 5-Year Increments (negotiable). Lease will be for one acre and can be expanded up to two acres with adjustment in lease amount. (Initial offer is 1.05 Acres, M/L (Map 093, Parcel 127.00, SI 002), starting at $3,000 per month ($36,000 First Year), with a five-Year Lease, and at beginning of Year Two, Cost of Living Increases annually based upon the Social Security CPI. Also offered are options for additional Five-Year Terms, to be negotiated according to Tenants needs and owner/landlords approval.) Any use must comply with Zoning and City Regulations. High traffic volume consists of both permanent and seasonal guests of the Great Smoky Mountain area. Trolley stop is VERY close. Convenient location to business in town, tourist attractions, shopping and more. TDOT reflects average daily traffic count (2018) of 29,153 in that 3-mile corridor from the Parkway (U.S. 441) out to City Limits of Pigeon Forge at intersection of Waldens Creek Rd. Utility water, sewer, natural gas, electric . . . all City services available.(NOTE: PRICE REFLECTS 1 Year of a 5 Year lease, options available.)

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    Copyright 2021 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Suzanne Walls with eXp Realty. Information deemed reliable but not guaranteed. Last updated 2021-04-17T19:15:37.567.
    www.realestatewithsuzanne.com/homes/110833974
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    1191 Wears Valley Road Pigeon Forge, TN 37863

    • Price: $36,000
    • Status: Active
    • Updated: 16 min ago
    • ID#: 230578
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.05
    Acres
    Neighborhood:
    N/A
    County:
    Sevier
    Area:
    Wears Valley
    Property Description
    Property fronts on busy 4-lane Hwy. 321-S. (Wears Valley Road) in City of Pigeon Forge and is Zoned C-6, allowing for a multitude of uses. (See Zoning in Associated Docs.) Initial Ground Lease is for 5-Years with CPI adjustments annually and options to renew in 5-Year Increments (negotiable). Lease will be for one acre and can be expanded up to two acres with adjustment in lease amount. (Initial offer is 1.05 Acres, M/L (Map 093, Parcel 127.00, SI 002), starting at $3,000 per month ($36,000 First Year), with a five-Year Lease, and at beginning of Year Two, Cost of Living Increases annually based upon the Social Security CPI. Also offered are options for additional Five-Year Terms, to be negotiated according to Tenants needs and owner/landlords approval.) Any use must comply with Zoning and City Regulations. High traffic volume consists of both permanent and seasonal guests of the Great Smoky Mountain area. Trolley stop is VERY close. Convenient location to business in town, tourist attractions, shopping and more. TDOT reflects average daily traffic count (2018) of 29,153 in that 3-mile corridor from the Parkway (U.S. 441) out to City Limits of Pigeon Forge at intersection of Waldens Creek Rd. Utility water, sewer, natural gas, electric . . . all City services available.(NOTE: PRICE REFLECTS 1 Year of a 5 Year lease, options available.)
    Exterior Features

    Access PavedState Road Exterior Features Sidewalks Lot Dimensions 376/IRR/IRR/IRR

    Interior Features

    Bonus Rooms No Number Of Bonus Rooms 0 Number Of Rooms 0 Restrooms 0

    Property Features

    Annual Tax 988.80 Commercial Type Leasehold Unimproved Common Area Maintenance Per Month 0.00 District 16 Gross Rent Amount One 0.00 Gross Rent Amount Two 0.00 Gross Rent One Year 0 Gross Rent Two Year 0 Hoa Fees 0.00 Lease Option Periods + Lease Terms Years 5 Lot Block Unit - Monthly Lease Amount 3000.00 Owner Financing No Proposed Financing Lease Option Restrictive Covenants No Services Paid By Tenant Taxes Suitable Use ApartmentConvenience StoreFood ServiceIndustrialManufacturingMedical/DentalMotel/HotelOfficeRetailShopping Center Tax Year 2019 Utilities Electricity ConnectedNatural Gas ConnectedSewer AvailableWater Available Zoning C-6 Zoning Entity Pigeon Forge

    Copyright 2021 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Re/Max Adventure Realty | Office Phone: 8659086000 .

    Copyright 2021 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Suzanne Walls with eXp Realty. Information deemed reliable but not guaranteed. Last updated 2021-04-17T19:15:37.567.
     
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    Suzanne Walls with eXp Realty
    200 E Broadway Ave Suite 504
    Maryville TN, 37804
    Listing courtesy of Re/Max Adventure Realty.