Development Land With River Frontage

Vacant Land for Sale
Catylist Listing ID: 30787938
Property Subtypes: Hospitality, Multi-Family, Retail, Vacation/Resort
Gross Land Area: 27 Acres
Sale Price: $1,600,000
Unit Price: $59,259 Per Acre
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 12/1/2023

Overview / Comments

Exclusively offered for sale are these contiguous development tracts in Sevierville, TN. They are located close to the Sevierville Convention Center, Wilderness at the Smokies Water Park Resort, Sevierville Golf Course, and other developments. This was originally offered as a 45.3-acre tract, but a 16.3-acre tract was surveyed off and sold, leaving an approximately 27-acre tract remaining and available for sale. Owner will consider partial owner-financing.

Property is zoned C-5, C-3 and C-4
Utility water is available. Utility sewer is nearby at intersection of Old Knoxville Highway & Gists Creek Road
Access from Old Knoxville Highway. Mostly wooded with sloping topography.
Other tracts adjacent to the property or located nearby have sold.
Frontage on West Prong of the Little Pigeon River (river frontage is in the FEMA floodway)
Possible long-range mountain views
Owner will consider partial owner-financing


Finance Data Year 2022
Real Estate Taxes - Annual($) $1,475 (Annual)

Additional Details

Nearest MSA: Sevierville
County: Sevier
Taxing Authority: City of Sevierville
Tax ID/APN: 038 011.00 & 011.03
Zoning: C-5; C-3; C-4
Property Located Between: Old Knoxville Highway & Gists Creek Road
Legal Description: Map 038, Parcels 011.01 & and 011.03
Largest Nearby Street: Winfield Dunn Parkway (Hwy. 66/US 441)
Highway Access: Old Knoxville Highway
Site Description: Mostly wooded with sloping topography; possible long-range mountain views
Area Description: The parcels are located a short distance south of the intersection of Old Knoxville Highway and Gists Creek Road in Sevierville, TN. They are adjacent to a large development tract located in a tourist-oriented mixed-use development formerly known as The Universe. Winfield Dunn Parkway is the major highway artery nearby, and it is the primary ingress/egress route for Sevier County's 15 million annual visitors.
Zoning Description: C-5 Tourist Commercial District - It is the general purpose and intent of this district to establish areas of commercial uses along major arterial streets and adjacent intersection streets that encourage grouping of compatible commercial uses, reduce traffic congestion, and secure adequate light, air, and aesthetic qualities of the city. Some permitted uses are: hotels, retail stores, amusements, and multi-family; Smaller tracts are zoned C-3 & C-4.
Topography: Gently Sloping
Easements: Other
Easements Description: Water Line Easement
Available Utilities: Water
Water Service: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,139 30,557
Median Age: 38.74 39.67
Households: 2,759 12,019


Photograph of Listing Agent

David L. Gothard

NAI Koella | RM Moore ETNRCRE Member
Photograph of Listing Agent

August Timisela

NAI Koella | RM Moore ETNRCRE Member
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