1148 Wears Valley Road, Pigeon Forge, TN 37863 (MLS# 227198)

This assemblage of three parcels is located on the north side of Wears Valley Road (US 321) within the city limits of Pigeon Forge. It is located 1.8 miles west of the intersection of Wears Valley Road and the Parkway (US 441). There is frontage on Wears Valley Road with ready access. The front acres (approximately 1.85 acres) seem well-suited for commercial mixed-use development and the back acres (approximately 6.2 acres) for multifamily development. The three land parcels of about 8 acres presents an attractive redevelopment opportunity within the city limits of Pigeon Forge, a primary tourist destination. The property seems well-suited for substantial multifamily development on the back and commercial on the front. The parcel in the middle is zoned commercial in the front and residential in the back. The front part is improved with a retail store and a warehouse. The back part of the middle parcel and the other two parcels are unimproved. The front part of the property with street access is generally level and the remainder is rolling and largely wooded. This property is part of three adjacent listings with a combined acreage of approximately 11 acres. Contact the listing brokers for possibilities to purchase a combination of these properties. ***NOTE: Map 093 041.00 and 093 040.00 were subdivided as shown on subdivision plat P44 Page 335, and as recorded at the office of the Sevier County Register of Deeds. The property which sold consists of the front portions of these two parcels, a total of 2.7 acres. The portion of Parcel 041.00 which sold is improved with a commercial retail building and a warehouse building.***