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Map
$2,250,787*
●
Commercial -
Off Market
1134 Wears Valley Road #1138WEARSVALLEYROAD
Pigeon Forge, TN 37863
Studio
0 Bath
4394 Sqft
$1,980,000 - $2,420,000
Reference Base Price*
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
This combined commercially and residentially-zoned 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. The
two parcels that front Wears Valley Road are commercially zoned
)C-6) with a combined acreage of 1.55 acres and each of the
two is improved with a residential building that is currently
rented. The other three parcels, two of which are partial
tax parcels, total approximately 5.40 acres and are mostly zoned
R-2 for high density residential development. A small portion
is being rezoned to R-2. Access to the R-2-zoned 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, and cabin and residential development in the back
property. - High traffic count - Outstanding visibility - All
municipal utilities are available - Zoned C-6 Commercial and R-2
High Density Residential - Approximately 160 front feet on US
Highway 321 (Wears Valley Road) - Good accessibility from 5 lane
road with median
The manager has listed the unit size as 4394 square feet.
The manager has listed the unit size as 4394 square feet.
Unit Size
4,394Ft²
Days on Market
-
Land Size
6.84 acres
Price per sqft
$501
Property Type
Commercial
Property Taxes
$2,093
HOA Dues
-
Year Built
1975
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jul 23, 2022 | No longer available | - | |
No longer available | |||
Aug 10, 2021 | Price Increased |
$2,200,000
↑ $1M
(100%)
|
|
Price Increased | |||
Jun 3, 2021 | Relisted | $1,100,000 | |
Relisted | |||
Jun 2, 2021 | No longer available | - | |
No longer available | |||
Mar 1, 2020 | Listed | $1,100,000 | |
Listed |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/01/2020
|
Loft
|
-
|
4394 ft²
|
$1,100,000
Loft
-
4394 ft²
|
-
-
|
-
|
David Gothard
NAI Koella | RM Moore
|
Building Info
1134 Wears Valley Road
1134 Wears Valley Road, Pigeon Forge, TN 37863
- 1 Unit for Sale