1421 Douglas Dam Rd Sevierville, TN 37876-1569
Multi-Family
for Sale
| Catylist Listing ID: |
30846094 |
| Property Subtypes: |
Duplex/Fourplex
|
| Number of Units: |
2 Units |
| Building Size (RSF): |
2,594 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
2.06 Acres
|
| Sale Price: |
$622,000 |
| Unit Price: |
$311,000 Per Unit |
| Property Use Type: |
Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
12/2/2023 |
Overview / Comments
|
Welcome to an exciting commercial real estate opportunity located at 1421 and 1433 Douglas Dam Road in Sevierville, TN. This listing comprises two parcels of land zoned commercial (C4), including a spacious lot and two existing home sites. Currently, both homes are occupied by rental tenants, providing immediate cash flow. While the homes need a little tlc, the potential for this property is immense. Positioned in close proximity to Winfield Dunn Parkway (TN-66), these lots offer excellent visibility and accessibility. The surrounding area boasts a range of popular attractions, including the Wilderness at the Smokies, Sevierville Golf Club, Soaky Mountain Water Park, and other sought-after hotspots. With just a few miles from Highway 40 and downtown Sevierville, the location provides convenience and exposure. All essential utilities, including electric, water, septic, and internet, are readily available on-site, streamlining the development process. With its strategic location and existing infrastructure, this property holds immense potential for various commercial ventures. Whether you envision an office space or a convenient store, this could be the ideal location to establish your business and capitalize on the thriving local economy. Don't miss out on this opportunity. Buyer to verify all information.
|
Additional Details
| Nearest MSA: |
Sevierville |
| County: |
Sevier |
| Tax ID/APN: |
078038B A 00300 |
| Zoning: |
C4 |
| Zoning Description: |
Two Lots Plus Land Commercial |
| In Flood Plain?: |
Yes |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,735 |
9,207 |
31,395 |
| Median Age: |
39.22 |
39.39 |
39.87 |
| Households: |
673 |
3,626 |
12,423 |
|
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