See Home Value
Pigeon Forge 37862
1156 Wears Valley Road #113411381148WEARSVALLEYRD
$5,411,860*
Commercial - Off Market

1156 Wears Valley Road #113411381148WEARSVALLEYRD

Pigeon Forge, TN 37863
bedrooms
Studio
bathrooms
0 Bath
square feet
21387 Sqft
$3,330,000 - $4,070,000
Reference Base Price*
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

This assemblage of six improved and unimproved land parcels with about 10.92 total acres presents an attractive redevelopment opportunity within the city limits of Pigeon Forge, a primary tourist destination. The property seems well-suited for a retail/office center on the front and multifamily development on the back. Two parcels are each improved with a single-family residential rental house. One parcel is improved with a retail store and a warehouse. One parcel is improved with three office buildings. Some improvements are leased short-term. Two parcels are unimproved. About one-half of the property is generally level and the remainder is rolling and largely wooded. The parcel numbers are 133, 140, 140.01, 141, 145, and 146. Partially zoned C6 Commercial and partially zoned R-2 High Density Residential.

The manager has listed the unit size as 21387 square feet.
Unit Size
21,387Ft²
Days on Market
-
Land Size
10.92 acres
Price per sqft
$173
Property Type
Commercial
Property Taxes
$6,922
HOA Dues
-
Year Built
1982

Price History

Date / Event Date Event Price
Dec 3, 2019 No longer available -
No longer available
Apr 5, 2019 Relisted $3,700,000
Relisted
Apr 3, 2019 No longer available -
No longer available
Oct 8, 2018 Listed $3,700,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
1,671 ft²
$1,795/ft²
$3,000,000 Jul 19, 2022
-
$1,031/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200106
01/06/2020
Studio
-
21387 ft²
$3,700,000
bedrooms
Studio
bathrooms
-
square feet
21387 ft²
-
-
-
-
10/08/2018
Studio
-
21387 ft²
$3,700,000
bedrooms
Studio
bathrooms
-
square feet
21387 ft²
-
-
-
-

Building Info

1156 Wears Valley Road 1156 Wears Valley Road, Pigeon Forge, TN 37863
More about this Building
1156 Wears Valley Road
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About Pigeon Forge


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