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Pigeon Forge 37863
3036 Veterans Blvd & Middle Creek Road
$1,500,000
● Land - Off Market

3036 Veterans Blvd & Middle Creek Road

Pigeon Forge, TN 37863
bedrooms
Studio
bathrooms
0 Bath
$2,043,359
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

PRIME LOCATION !!   3 lots totaling 3.45 acres with 478 frontage ft on  Veterans Blvd/Middle Creek. 2 of the lots are Zoned C2, the other is R2-which can be rezoned. Stunning views of Pigeon Forge and the Smoky Mountains. This property has so much potential, such as  Hotel/Motel, Apartments, Restaurant, Retail, Amusement, Office, Strip Mall, and so much more. Over 3,200,000 visited Dollywood, now Wildwood Grove and Splash Country in 2019. Over 12 million visitors annually. Walk to Patriot Park, catch the Trolley, local shopping, and great food. 3-5 minutes to- The Island, The Parkway, Rod Runs, Car shows Parade, Pigeon Forge Event center, October Fall Fest, and Dollywood- Wildwood Grove. This property is - About a 1/2 mile to the Parkway.
Unit Size
-
Days on Market
199 days
Land Size
3.45 acres
Price per sqft
-
Property Type
Land
Property Taxes
$235
HOA Dues
-
Year Built
1946

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 7 months ago ( #241052)

Price History

Date / Event Date Event Price
Sep 21, 2021 Sold
Premium
Sold
Mar 6, 2021 Listed by Smoky Mtns Real Estate, LLC $1,800,000
Listed by Smoky Mtns Real Estate, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1946
  • Bedroom Count: 0
  • Full Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 104,544
  • Lot Size Depth Feet: 1,860
  • Lot Size Frontage Feet: 3,720
  • Total Building Area: 1,180
  • Building Area: 1,180

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 24
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: A W BUTLER FARM
  • Land Acres: 0000002400
  • Standard Land Use Code: 8001
  • County Land Use Code: 00-V
  • State Land Use Code: C00
  • Legal Description 1: A W BUTLER FARM PB 0002 PG 0051 LOT 0011

Neighborhood

  • School District Name: Sevier County School District
  • School Tax School District: 78576
  • Census Tract: 081001

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 094D
  • District: 05
  • Parcel: 094D-E-034.00
  • Lot: 11
  • Municipality: PIGEON FORGE
  • Latitude: 35.7916
  • Longitude: -83.5482

    Address

  • Full Address: 3036 Veterans Blvd
  • Address - House Number: 3036
  • Address - Street Name: Veterans
  • Address - Suffix Type: Blvd
  • State: TN
  • City Name: Pigeon Forge
  • Carrier Code: C001
  • 4-Digit Zip Code: 3176
  • Zip Code: 37863

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $246,800
  • Tax Rate Code Area: 78A02

    Market Valuation

  • Market Total Value: $333,400
  • Market Land Value: $333,400

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $83,350
  • Assessed Land Value: $83,350

    Sales

  • Current Sale Recording Date: Sep 18, 1995
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 17, 1995
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Pigeon Forge

Stats & Trends

Median Asking:

$527,450

Sale Price/ft²

$362

Below Asking

0.02%

Average Days on Market

105

Average Home Size

1901 ft²

Average Home Age

22.6 years

Currently For Sale

287 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

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Frequently Asked Questions

When was property at 3036 Veterans Boulevard built and last sold?
The property at 3036 Veterans Boulevard was built in 1946 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3036 Veterans Boulevard is $0.
What are some comparable homes to 3036 Veterans Boulevard?
There are currently no comparable homes to 3036 Veterans Boulevard.
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