realty-smokies

2510 Teaster Lane, Pigeon Forge, TN 37863

$1,790,000
Property Type: Commercial Sale Square Footage: 1,415,700 Lot Size (sq. ft.): 87,120 Status: Closed
Current Price: $1,790,000 List Date: 11/18/2013 Last Modified: 8/23/2024

Overview

Description

Commercial property right in the middle of Pigeon Forge! Awesome location only 1 mile from the BRAND NEW 50 MILLION DOLLAR LECONTE CONVENTION CENTER in Pigeon Forge! Located 1/2 mile from the NEW 7 STORY FERRIS WHEEL that can be seen from the property. Walking distance from the New Jimmy Buffet Margaritaville Hotel and the soon to be built Paula Deen restuarant. Sidewalks and trollies in the area for transportation. This property is perfect for hotels restuarant, or retail development. Teaster lane is becoming the SECOND Parkway thru Pigeon Forge area. The local economy benefits from the Great Smoky Mountains National Park which brings in 10 million tourists and about 750 MILLION DOLLARS ANNUALLY to the Sevier County area. HURRY! One parcel is already under contract!

Listing Details MLS# 188534

General Property Information

Lot Size Acres
2
Living Area
1415700
Business Name
Withheld
Year Built
1920
Bonus Room YN
No
Sign On Property YN
No
List Price/SqFt
1.77
Sold Price/SqFt
1.26
Number Of Buildings
0
Number of Bonus Rooms
0

Property Features

Listing Terms: Fee Simple Unimproved

Location Tax and Legal

Street Number
2510
Street Name
Teaster
Street Suffix
Lane
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
22500000
Listing Contract Date
2013-11-18
Owner Name
Withheld
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
Commercial property right in the middle of Pigeon Forge! Awesome location only 1 mile from the BRAND NEW 50 MILLION DOLLAR LECONTE CONVENTION CENTER in Pigeon Forge! Located 1/2 mile from the NEW 7 STORY FERRIS WHEEL that can be seen from the property. Walking distance from the New Jimmy Buffet Margaritaville Hotel and the soon to be built Paula Deen restuarant. Sidewalks and trollies in the area for transportation. This property is perfect for hotels restuarant, or retail development. Teaster lane is becoming the SECOND Parkway thru Pigeon Forge area. The local economy benefits from the Great Smoky Mountains National Park which brings in 10 million tourists and about 750 MILLION DOLLARS ANNUALLY to the Sevier County area. HURRY! One parcel is already under contract!
Directions
Take parkway to Christmas Tree Ln. at the end of street straight across.

Status Change Information

Major Change Timestamp
2014-10-09T09:00:00Z
Major Change Type
Price Reduced
Price Change Timestamp
2014-10-09T09:00:00Z
Status Change Timestamp
2014-09-30
Purchase Contract Date
2014-04-15
Close Date
2014-09-30
Close Price
1790000
Buyer Financing
Conventional

More Information

Currently Not Used

Book/Page/Doc #
534, 484

Showing Requirements

Showing Instructions
As with all Real Estate transactions you should verify all information independently including HOA info and square footage. Buy Title Insurance, have a survey, home inspection and all other needed inspections. Buy insurance. Equal housing opportunity. Most information is from Sevier County Tax Records and not verified by Listing Agent or Listing company.

Location, Tax, and Legal

Restrictive Covenants YN
No
Zoning
C-4
Zoning Entity
Pigeon Forge
Tax Lot
.
Tax Annual Amount
1666
Tax Year
2012

Listing Terms

Fee Simple Unimproved
Yes

Income and Expenses

Maintenance Expense
0
Listing Office: Exit Tennessee Realty Pros,LLC
Last Updated: August - 23 - 2024
Information deemed reliable but not guaranteed.