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Map
$5,411,860*
●
Commercial -
Off Market
1156 Wears Valley Road #113411381148WEARSVALLEYRD
Pigeon Forge, TN 37863
Studio
0 Bath
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.
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
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 |
---|---|---|---|---|---|---|---|---|
01/06/2020
|
|
Studio
|
-
|
21387 ft²
|
$3,700,000
Studio
-
21387 ft²
|
-
-
|
-
|
-
|
10/08/2018
|
Studio
|
-
|
21387 ft²
|
$3,700,000
Studio
-
21387 ft²
|
-
-
|
-
|
-
|