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    1191 Wears Valley Rd

    Pigeon Forge, TN 37863
    • $36,000
    • STATUS: Active
    • ON SITE: 17 days
    • ID#: 1132310
    UPDATED: 25 min ago
    $36,000
    • 0
      BEDS
    • 1.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    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 Tenant's needs and owner/landlord's 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 Walden's Creek Rd. Utility water, sewer, natural gas, electric . . . all City services available.(NOTE: PRICE REFLECTS ONLY 1 YEAR BUT CAN BE EXTENDED FOR 5 YEARS)

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    © 2020 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to The Terrell Team - Prime Mountain Properties. Information is deemed reliable but is not guaranteed accurate by the MLS or The Terrell Team - Prime Mountain Properties. Data last updated: 2020-10-27T06:56:16.973.
    www.janeterrell.com/homes/110857762
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    1191 Wears Valley Rd Pigeon Forge, TN 37863

    • Price: $36,000
    • Status: Active
    • Updated: 25 min ago
    • ID#: 1132310
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.05
    Acres
    Neighborhood:
    Pigeon Forge
    County:
    Sevier
    Area:
    Pigeon Forge
    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 Tenant's needs and owner/landlord's 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 Walden's Creek Rd. Utility water, sewer, natural gas, electric . . . all City services available.(NOTE: PRICE REFLECTS ONLY 1 YEAR BUT CAN BE EXTENDED FOR 5 YEARS)
    Exterior Features

    Construction Other Location Inside City Lot Size Irr Parking Spaces 0.00 Road Access Public RoadU.S. Highway Siding Other

    Interior Features

    Cooling None Fuel ElectricGas (Natural) Heat None

    Property Features

    Additional Info Other Auction YN No Building Business Type Business ServiceChurchDentalFood ServiceManufacturingMedicalProfessional ServiceProfessional/OfficeRetail City County Code City Limits Commercial Type Commercial Condition - Docson File None Easements OtherRecorded R.O.W.Special Drainage Expenses Included Other Miscellaneous 6+ Inch Water Main New Financing Other Property Status N/A Pud YN No Restrictions No Sale Lease Includes Leasehold Sq Ft Source Tax Records Total Tax 988.80 Utilitieson Site Electric Zoning C-6

    Listing information © 2020 Knoxville Area Association of REALTORS®, Inc.
    Listing provided courtesy of Re/Max Adventure Realty.


    © 2020 Knoxville Area Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to The Terrell Team - Prime Mountain Properties. Information is deemed reliable but is not guaranteed accurate by the MLS or The Terrell Team - Prime Mountain Properties. Data last updated: 2020-10-27T06:56:16.973.
     
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    The Terrell Team - Prime Mountain Properties
    807 Dolly Parton Parkway
    Sevierville TN, 37862