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1134-1138 Wears Valley Road, Pigeon Forge, TN 37863
$1,700,000
Property Type:
Commercial Sale
Square Footage:
4,394
Lot Size (sq. ft.):
302,742
Status:
Active
Current Price:
$1,700,000
List Date:
8/01/2024
Last Modified:
3/02/2026
Overview
Description
This combined commercial and residential property presents an attractive redevelopment opportunity within the city limits of Pigeon Forge, a primary tourist destination. The property is located on Wears Valley Road, a high traffic 5-lane artery with a median for convenient ingress and egress. The combination of adjoining parcels totals approximately 6.95 acres (093 133.00, 140.00, 145.00, 146.00). The two parcels that front Wears Valley Road are commercially zoned (C-6) with a combined acreage of 1.55 acres, and each parcel is improved with a residential building (one built in 1961 and one built in 1975). The parcels in the back total approximately 5.40 acres and are mostly zoned R-2 for high density residential development. Access to the R-2 parcels will be through the front two C-6 zoned parcels. The property can be an outstanding fit for commercial use in the front, like restaurants and food services, professional services, and retail sales, with cabin and other high density residential development in the back property. The property seems well suited for a commercial retail/office development on the two commercial lots and a log cabin resort on the back high-density residential-zoned tract.
Listing Details MLS# 302316
General Property Information
- Number Of Buildings
- 2
- Stories Total
- Yes
- Lot Size Acres
- 6.95
- Lot Size Source
- Survey
- Living Area
- 4394
- Building Area Source
- Public Records
- Year Built
- 1961
- Bonus Room YN
- No
- Sign On Property YN
- Yes
- Construction Type
- Site Built
- Waterfront YN
- No
- List Price/SqFt
- 386.89
- Parking Total
- 0
Property Features
Documents:
Lead Based Paint
Documents Available:
Aerial Photo; Lead Based Paint; Survey
Frontage Type:
Other
Levels:
One
Listing Terms:
Cash; Conventional; Fee Simple Improved
Lock Box Information:
Call Listing Office; None
Lot Features:
City Lot; Corner Lot
Parking Features:
On Site
Possession:
Negotiable
Possible Use:
Commercial; Development; Investment; Medical/Dental; Mixed Use; Multi-Family; Office; Retail
Road Frontage Type:
City Street; State Road
Utilities:
Electricity Available
Showing Considerations:
Occupied
Showing Requirements:
Call Listing Agent
Location Tax and Legal
- Street Number
- 1134-1138
- Street Name
- Wears Valley
- Street Suffix
- Road
- County
- Sevier
- State
- TN
- Zip Code
- 37863
- Property Sub Type
- Mixed Use
- MLS Area Major
- Pigeon Forge
- Subdivision Name
- Other
Contract Information
- Original List Price
- 1990000
- Listing Contract Date
- 2024-08-01
- Auction YN
- No
- Owner Name
- Virginia Marsh
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
- Association YN
- No
Remarks and Miscellaneous
- Public Remarks
- This combined commercial and residential property presents an attractive redevelopment opportunity within the city limits of Pigeon Forge, a primary tourist destination. The property is located on Wears Valley Road, a high traffic 5-lane artery with a median for convenient ingress and egress. The combination of adjoining parcels totals approximately 6.95 acres (093 133.00, 140.00, 145.00, 146.00). The two parcels that front Wears Valley Road are commercially zoned (C-6) with a combined acreage of 1.55 acres, and each parcel is improved with a residential building (one built in 1961 and one built in 1975). The parcels in the back total approximately 5.40 acres and are mostly zoned R-2 for high density residential development. Access to the R-2 parcels will be through the front two C-6 zoned parcels. The property can be an outstanding fit for commercial use in the front, like restaurants and food services, professional services, and retail sales, with cabin and other high density residential development in the back property. The property seems well suited for a commercial retail/office development on the two commercial lots and a log cabin resort on the back high-density residential-zoned tract.
- Directions
- From the Parkway (US 441) in Pigeon Forge, turn at Light #3 onto Wears Valley Road. Go approximately 1.8 miles to property on right.
Status Change Information
- Major Change Timestamp
- 2026-03-02T19:57:44Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2026-03-02T19:57:44Z
- Status Change Timestamp
- 2024-08-01
More Information
Currently Not Used
- Book/Page/Doc #
- 336/167
Frontage Type
- Frontage Length
- 160
- Other
- Yes
Road Frontage Type
- Road Frontage Length
- 160
- City Street
- Yes
- State Road
- Yes
Showing Requirements
- Showing Instructions
- Listing agent to arrange showings. Do not disturb tenants.
- Call Listing Agent
- Yes
Location, Tax, and Legal
- City/County
- City
- Restrictive Covenants YN
- Yes
- Zoning
- C6; R2
- Zoning Entity
- Pigeon Forge
- Parcel Number
- 093 133.00, 140.00, 145.00, 146.00
- Tax Lot
- 0000
- Tax Annual Amount
- 2367.44
- Tax Year
- 2023
- City Tax
- 237.72
- County Tax
- 2129.72
Documents
- Lead Based Paint
- Yes
Documents Available
- Aerial Photo
- Yes
- Lead Based Paint
- Yes
- Survey
- Yes
Levels
- One
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- Fee Simple Improved
- Yes
Lock Box Information
- Call Listing Office
- Yes
- None
- Yes
Lot Features
- City Lot
- Yes
- Corner Lot
- Yes
Parking Features
- On Site
- Yes
Possession
- Negotiable
- Yes
Utilities
- Electricity Available
- Yes
Possible Use
- Commercial
- Yes
- Development
- Yes
- Investment
- Yes
- Medical/Dental
- Yes
- Mixed Use
- Yes
- Multi-Family
- Yes
- Office
- Yes
- Retail
- Yes
Showing Considerations
- Occupied
- Yes
Documents
Listing Office:
NAI Koella | RM Moore
Last Updated: March - 02 - 2026
Information deemed reliable but not guaranteed.
Aerial Parcel Map ›