Up to 3.1 Acres For Sale on I-40, Exit 407

Vacant Land for Sale
Catylist Listing ID: 30837011
Property Subtypes: Hospitality, Retail, Retail-Pad
Gross Land Area: 1.24 - 3.10 Acres
Sale Price: $725,806 Per Acre
In Opportunity Zone? Yes
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/6/2023

Overview / Comments

Stadium Drive is located off of I-40 at Exit 407 on one of the busiest sections of interstate in the US. This exit serves as the gateway to the Smoky Mountains, which boasts over 12 Million visitors in 2022, making it one of the Top 15 tourist destinations in the US.

Stadium Drive is also located directly in front of the Tennessee Smokies Park, home to the Chicago Cubs AA affiliate, the Tennessee Smokies. The Smokies are scheduled to relocate to a new stadium in Knoxville in 2025 and the Eastern Band of Cherokee Indians have purchased 122 acres surrounding the Stadium. The EBCI have already begun developing their 198 acres on the south side of I-40 with Buc-ee's under construction, but timing and plans for their land around the stadium have not been announced.

Sevierville is famous for being Dolly Parton’s hometown and her family amusement park, Dollywood. But is also well known for spectacular shopping, dining and numerous outdoor activities.

Additional Details

Nearest MSA: Sevierville
County: Sevier
Tax ID/APN: 078008 03602
Property Located Between: I-40 and Stadium Dr
Property Visibility: Excellent
Largest Nearby Street: I-40
Traffic/Vehicle Count: 77,977
Highway Access: I-40, Exit 407
Airports: McGhee Tyson Airport
Site Description: Will divide from1.24 acres up to 3.1 acres.
Lot Frontage: from 170' up to 476'
Zoning Description: C-5 Tourist Commercial District
Topography: Level
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,091 11,901 17,963
Median Age: 38.84 40.44 39.95
Households: 1,578 4,565 6,827


Photograph of Listing Agent

Brian H. Tapp, SIOR, CCIM

Photograph of Listing Agent

Andrew Wilmoth, CCIM

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