Investment Overview
Small commercially-zoned lot located 200 yards off the Parkway (US 441) in Sevierville, Tennessee, All municipal utilities are available at the street. Improved with a large 4,608 square foot barn-like building in apparent dilapidated and tear-down condition. Several other nearby lots with similar size and commercial zoning have been developed with single-family short-term-rental vacation cabins.
The lot is close to Smoky Summit on Caton Road, a new underway development with 90 townhome-style cabins starting at $750,000 and a 162-room lodge-style hotel with rooftop bar and grill.
Investment Highlights
- Level corner lot
- Intermediate Commercial (IC or C-3) zoning district
- Municipal utilities available
- Just yards from Smoky Summit, a major new mixed-use development
- Close to Tanger Five Oaks Outlets, Outback Steakhouse, other restaurants and attractions