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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
Listing Office: NAI Koella | RM Moore
Last Updated: March - 02 - 2026
Information deemed reliable but not guaranteed.