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    1191 Wears Valley Road

    Pigeon Forge, TN 37863
    • $180,000
    • STATUS: Active
    • ON SITE: 20 days
    • ID#: 230578
    UPDATED: 41 min ago
    $180,000
    • 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 €€Œ 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 THE TOTAL OF 5 YEARS)

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    Copyright 2020 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Jason White Team | Century 21 Four Seasons. Information deemed reliable but not guaranteed. Last updated 2020-10-29T17:16:42.477.
    www.jasonwhiteteam.com/homes/110833974
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    1191 Wears Valley Road Pigeon Forge, TN 37863

    • Price: $180,000
    • Status: Active
    • Updated: 41 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 THE TOTAL OF 5 YEARS)
    Exterior Features

    Access Paved RoadState Highway Exterior Features Sidewalks Lot Back Irr Lot Front 376 Lot Left Irr Lot Right Irr

    Property Features

    Annual Tax 988.80 Business Name N/A Commercial Type Leasehold Unimproved Common Area Maintenance Per Month 0 District 16 Documents On File Aerial Photo Hoa Per Month 0 Lease Option Periods + Lease Terms Years 5 Lot Block Unit - Monthly Lease $3000.00 Possession Negotiable Proposed Financing Lease Options Restrictive Covenants No Sale Or Rent For Sale Services Paid By Tenant Real Estate Tax Suitable Use ApartmentConvenience StoreFood ServiceManufacturing/IndustrialMedical/DentalMotel/HotelOfficeRetailRetail-Shopping Center Tax Year 2019 Utilities ElectricGasSewer AvailableUtility Water Available Zoning C-6 Zoning Entity Pigeon Forge

    Copyright 2020 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed.
    Copyright 2020 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Jason White Team | Century 21 Four Seasons. Information deemed reliable but not guaranteed. Last updated 2020-10-29T17:16:42.477.
     
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    Jason White Team | Century 21 Four Seasons
    190 Community Center Drive Suite 102
    Pigeon Forge TN, 37863
    Listing courtesy of Re/Max €€Œ Adventure Realty.