1134-1138 Wears Valley Road, Pigeon Forge, TN 37863
$1,990,000
Property Type:
Commercial Sale
Square Footage:
4,394
Lot Size (sq. ft.):
302,742
Status:
Active
Current Price:
$1,990,000
List Date:
8/01/2024
Last Modified:
8/20/2025
Description
This combined commercial and residential property presents an attractive redevelopment opportunity within the city limits of Pigeon Forge, a primary tourist destination. The property is located on Wears Valley Road, a high traffic 5-lane artery with a median for convenient ingress and egress. The combination of adjoining parcels totals approximately 6.95 acres (093 133.00, 140.00, 145.00, 146.00). The two parcels that front Wears Valley Road are commercially zoned (C-6) with a combined acreage of 1.55 acres, and each parcel is improved with a residential building (one built in 1961 and one built in 1975). The parcels in the back total approximately 5.40 acres and are mostly zoned R-2 for high density residential development. Access to the R-2 parcels will be through the front two C-6 zoned parcels. The property can be an outstanding fit for commercial use in the front, like restaurants and food services, professional services, and retail sales, with cabin and other high density residential development in the back property. The property seems well suited for a commercial retail/office development on the two commercial lots and a log cabin resort on the back high-density residential-zoned tract.
More Information MLS# 302316
Location, Tax, and Legal
City/County: City
Restrictive Covenants YN: Yes
Zoning: C6; R2
Zoning Entity: Pigeon Forge
Parcel Number: 093 133.00, 140.00, 145.00, 146.00
Tax Lot: 0000
Tax Annual Amount: 2367.44
Tax Year: 2023
City Tax: 237.72
County Tax: 2129.72
Contract Information
Auction YN: No
Owner Name: Virginia Marsh
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant
Association YN: No
Current Price: $1,990,000
Original List Price: 1990000
List Price: $1,990,000
Status: Active
Listing Contract Date: 2024-08-01
General Property Information
Number Of Buildings: 2
Stories Total: 1
Lot Size Acres: 6.95
Lot Size Source: Survey
Building Area Source: Public Records
Parking Total: 0
Bonus Room YN: No
Sign On Property YN: Yes
Construction Type: Site Built
Waterfront YN: No
List Price/SqFt: 452.89
Living Area: 4394
Year Built: 1961
Remarks and Miscellaneous
Public Remarks: This combined commercial and residential property presents an attractive redevelopment opportunity within the city limits of Pigeon Forge, a primary tourist destination. The property is located on Wears Valley Road, a high traffic 5-lane artery with a median for convenient ingress and egress. The combination of adjoining parcels totals approximately 6.95 acres (093 133.00, 140.00, 145.00, 146.00). The two parcels that front Wears Valley Road are commercially zoned (C-6) with a combined acreage of 1.55 acres, and each parcel is improved with a residential building (one built in 1961 and one built in 1975). The parcels in the back total approximately 5.40 acres and are mostly zoned R-2 for high density residential development. Access to the R-2 parcels will be through the front two C-6 zoned parcels. The property can be an outstanding fit for commercial use in the front, like restaurants and food services, professional services, and retail sales, with cabin and other high density residential development in the back property. The property seems well suited for a commercial retail/office development on the two commercial lots and a log cabin resort on the back high-density residential-zoned tract.
Directions: From the Parkway (US 441) in Pigeon Forge, turn at Light #3 onto Wears Valley Road. Go approximately 1.8 miles to property on right.
Status Change Information
Status Change Timestamp: 2024-08-01
Major Change Timestamp: 2024-08-01T17:27:32Z
Major Change Type: New Listing
Currently Not Used
Book/Page/Doc #: 336/167
Documents
Lead Based Paint: 1
Documents Available
Aerial Photo: 1
Lead Based Paint: 1
Survey: 1
Frontage Type
Frontage Length: 160
Other: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Fee Simple Improved: 1
Lock Box Information
Call Listing Office: 1
None: 1
Lot Features
City Lot: 1
Corner Lot: 1
Parking Features
On Site: 1
Possession
Negotiable: 1
Road Frontage Type
City Street: 1
State Road: 1
Road Frontage Length: 160
Utilities
Electricity Available: 1
Possible Use
Commercial: 1
Development: 1
Investment: 1
Medical/Dental: 1
Mixed Use: 1
Multi-Family: 1
Office: 1
Retail: 1
Showing Considerations
Occupied: 1
Showing Requirements
Call Listing Agent: 1
Showing Instructions: Listing agent to arrange showings. Do not disturb tenants.
Location Tax and Legal
Street Number: 1134-1138
Street Name: Wears Valley
Street Suffix: Road
County: Sevier
State: TN
Zip Code: 37863
Property Sub Type: Mixed Use
MLS Area Major: Pigeon Forge
Subdivision Name: Other
Property Features
Documents: Lead Based Paint
Documents Available: Aerial Photo; Lead Based Paint; Survey
Frontage Type: Other
Levels: One
Listing Terms: Cash; Conventional; Fee Simple Improved
Lock Box Information: Call Listing Office; None
Lot Features: City Lot; Corner Lot
Parking Features: On Site
Possession: Negotiable
Possible Use: Commercial; Development; Investment; Medical/Dental; Mixed Use; Multi-Family; Office; Retail
Road Frontage Type: City Street; State Road
Utilities: Electricity Available
Showing Considerations: Occupied
Showing Requirements: Call Listing Agent
Documents
Listing Office:
NAI Koella | RM Moore
Last Updated: August - 20 - 2025
Information deemed reliable but not guaranteed.
Aerial Parcel Map ›