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2075 Parkway, Pigeon Forge, TN 37863
$3,363,000
Property Type:
Commercial Sale
Square Footage:
152,459
Lot Size (sq. ft.):
142,877
Status:
Closed
Current Price:
$3,363,000
List Date:
1/28/2019
Last Modified:
9/12/2024
Overview
Description
This may be one of your last chances to acquire G not to lease G to own G undeveloped acreage actually located directly on the Parkway in Pigeon Forge. Consisting of 3.278 acres, this property is situated on the nose of a gentle right-hand curve in the Parkway. It boasts a 240 foot wide Parkway frontage giving it prominence and excellent visual draw from both directions. The elevated terrace of the land gives it immediate eye-level notice from all passing vehicles. Located at a major traffic light intersection gives this property premium access to the Parkway in even the most crowded of traffic conditions. Already equipped with a dedicated left-turn signal for southbound travelers as well as traffic control signals for Pin Oak View Drive, this intersection also accesses several attractions via Music Road located immediately across the Parkway including Hatfield and McCoys Dinner Theater, Titanic Museum Exhibit, Wonderworks, Hard Rock Caf+, Wonders of Flight, and others. Northbound travelers would turn into this property as a natural right-hand turn. Already zoned and approved for dozens of types of commercial businesses, the location of this property would lend prominence and notoriety to any business located upon it. A list of approved business types can be provided as well as a survey plat upon request. City water and sewer, natural gas, and 3-phase electric are all available. This is a gold-mine of a property just waiting to begin producing. Pigeon Forge is located within one-days drive of two-thirds of the US population east of the Mississippi. Our department of tourism reports $65 spent by tourists for every $1 spent on advertising.* Located adjacent to the Great Smoky Mountains National Park, 2015 saw a record 10,712,674 visitors go through the park, making it the nations #1 most visited National Park, ranking the Grand Canyon at #2 with half as many annual visitors. 2017 was the 2nd consecutive year that over 10 million tourists visited the park.*
Listing Details MLS# 220454
General Property Information
- Lot Size Dimensions
- 230/746/270/535
- Lot Size Acres
- 3.28
- Living Area
- 152459
- Year Built
- 1930
- Bonus Room YN
- No
- Sign On Property YN
- Yes
- List Price/SqFt
- 24.24
- Sold Price/SqFt
- 22.06
- Number Of Buildings
- 0
- Business Name
- No
- Number of Bonus Rooms
- 0
Property Features
Listing Terms:
1031 Exchange; Cash; Conventional; Fee Simple Unimproved
Possession:
Close Of Escrow; Other
Possible Use:
Medical/Dental; Multi-Family; Office; Recreational; Retail; Other
Road Frontage Type:
City Street; Highway
Road Surface Type:
Paved
Utilities:
Cable Available; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected
Showing Requirements:
Show Any Time
Location Tax and Legal
- Street Number
- 2075
- Street Name
- Parkway
- County
- Sevier
- State
- TN
- Zip Code
- 37863
- Property Sub Type
- Unimproved Land
- MLS Area Major
- Pigeon Forge
- Subdivision Name
- Other
Contract Information
- Original List Price
- 3695000
- Listing Contract Date
- 2019-01-28
- Owner Name
- PGP, LLC
- Listing Agreement
- Exclusive Right To Sell
- Rental History Gross Amount 1
- 0
- Rental History Year 1
- 0
- Rental History Gross Amount 2
- 0
- Rental History Year 2
- 0
- Association Fee
- 0
Remarks and Miscellaneous
- Public Remarks
- This may be one of your last chances to acquire G not to lease G to own G undeveloped acreage actually located directly on the Parkway in Pigeon Forge. Consisting of 3.278 acres, this property is situated on the nose of a gentle right-hand curve in the Parkway. It boasts a 240 foot wide Parkway frontage giving it prominence and excellent visual draw from both directions. The elevated terrace of the land gives it immediate eye-level notice from all passing vehicles. Located at a major traffic light intersection gives this property premium access to the Parkway in even the most crowded of traffic conditions. Already equipped with a dedicated left-turn signal for southbound travelers as well as traffic control signals for Pin Oak View Drive, this intersection also accesses several attractions via Music Road located immediately across the Parkway including Hatfield and McCoys Dinner Theater, Titanic Museum Exhibit, Wonderworks, Hard Rock Caf+, Wonders of Flight, and others. Northbound travelers would turn into this property as a natural right-hand turn. Already zoned and approved for dozens of types of commercial businesses, the location of this property would lend prominence and notoriety to any business located upon it. A list of approved business types can be provided as well as a survey plat upon request. City water and sewer, natural gas, and 3-phase electric are all available. This is a gold-mine of a property just waiting to begin producing. Pigeon Forge is located within one-days drive of two-thirds of the US population east of the Mississippi. Our department of tourism reports $65 spent by tourists for every $1 spent on advertising.* Located adjacent to the Great Smoky Mountains National Park, 2015 saw a record 10,712,674 visitors go through the park, making it the nations #1 most visited National Park, ranking the Grand Canyon at #2 with half as many annual visitors. 2017 was the 2nd consecutive year that over 10 million tourists visited the park.*
- Directions
- On the Great Smoky Mountains Parkway across from the Hatfields and McCoys Dinner Theater. Property sits on the elevated nose of the gentle curve beside Pin Oak Drive on one corner of the 4-way intersection. Green House is on property at this time. See signs.
Status Change Information
- Major Change Timestamp
- 2022-02-03T10:00:43Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2022-02-03
- Purchase Contract Date
- 2021-11-30
- Close Date
- 2022-02-03
- Close Price
- 3363000
- Buyer Financing
- Conventional
More Information
Currently Not Used
- Book/Page/Doc #
- 561, 202
Showing Requirements
- Showing Instructions
- Actual Tennessee Dept. Of Transportation traffic counts at this stoplight for 2015 was 46,786 vehicles every 24 hours.** That translated into 17,076,890 vehicles passing this outstanding property every year. In 2017 that count increased to 56,057 per 24 hours. That translates into 20,460,805 (twenty million four hundred sixty thousand) cars passing this point each year. Imagine the possibilities of having that many eyes on your business every year. You cant purchase any other advertising space for a one-time fee that produces those annual numbers consistently. While I cannot tell you how many walk-in customers your business will generate, all I can do is show you the potential to produce a walk-in-to-purchase customer. This property will need some excavation and terracing to maximize potential. The degree to which you develop and use the potential available at this location is up to you, but should be virtually unlimited. You can reach me by telephone at 843-372-0435, or via email at CraigTheSmokiesRealtor
- Show Any Time
- Yes
Location, Tax, and Legal
- Restrictive Covenants YN
- No
- Zoning
- C-2
- Zoning Entity
- Pigeon Forge
- Tax Lot
- 0000
- Tax Annual Amount
- 536.12
- Tax Year
- 2018
Listing Terms
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
- Fee Simple Unimproved
- Yes
Possession
- Close Of Escrow
- Yes
- Other
- Yes
Road Frontage Type
- City Street
- Yes
- Highway
- Yes
Road Surface Type
- Paved
- Yes
Utilities
- Cable Available
- Yes
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Phone Available
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Income and Expenses
- Maintenance Expense
- 0
Possible Use
- Medical/Dental
- Yes
- Multi-Family
- Yes
- Office
- Yes
- Recreational
- Yes
- Retail
- Yes
- Other
- Yes
Listing Office:
Pristine Realty, INC.
Last Updated: September - 12 - 2024
Information deemed reliable but not guaranteed.