3958 Wears Valley Road, Sevierville, TN 37862

$800,000
Property Type: Commercial Lease Square Footage: 1,000 Lot Size (sq. ft.): 1,018,868 Status: Closed
Current Price: $800,000 List Date: 10/01/2015 Last Modified: 8/23/2024

Overview

Description

Beautiful RV Park in Wears Valley. Valley floor, great access off Hwy 321 (Wears Valley Road). All roads are paved. The park consists of 7 parcels of land, 2 parcels are fee simple, 5 parcels are leasehold with 30+ years remaining on lease. The two fee simple parcels are parcel 32.01 with office/living quarters, Hwy 321 frontage, and the possibility to add up to six sites if improved. The second fee simple parcel is parcel 35.06 which has nine improved sites. The leasehold parcels contain 45 improved sites, two with park models which do convey as well as the recreation area with pool, fishing pond, snack bar. Please call listing Agent for additional information.

Listing Details MLS# 199168

General Property Information

Lot Size Acres
23.39
Living Area
1000
Business Name
Cove Mountain RV Park
Year Built
1995
Bonus Room YN
No
Sign On Property YN
Yes
List Price/SqFt
1289.7
Sold Price/SqFt
800
Number Of Buildings
0
Number of Bonus Rooms
0

Property Features

Basement: None Building Features: Living Space; Reception Area; Restrooms Business Type: Professional/Office; Recreation Cooling: Central Air; Electric Heating: Central Levels: One Listing Terms: Cash; Conventional Parking Features: On Site; Paved Possession: Close Of Escrow Sewer: Septic Tank Showing Requirements: Appointment Only; Call Listing Agent; See Remarks

Location Tax and Legal

Street Number
3958
Street Name
Wears Valley
Street Suffix
Road
County
Sevier
State
TN
Zip Code
37862
Property Sub Type
Other
MLS Area Major
Wears Valley
Subdivision Name
Other

Contract Information

Original List Price
1289700
Listing Contract Date
2015-10-01
Owner Name
Miller O/A
Listing Agreement
Exclusive Right To Lease
Rental History Gross Amount 1
0
Rental History Year 1
0
Rental History Gross Amount 2
0
Rental History Year 2
0

Remarks and Miscellaneous

Public Remarks
Beautiful RV Park in Wears Valley. Valley floor, great access off Hwy 321 (Wears Valley Road). All roads are paved. The park consists of 7 parcels of land, 2 parcels are fee simple, 5 parcels are leasehold with 30+ years remaining on lease. The two fee simple parcels are parcel 32.01 with office/living quarters, Hwy 321 frontage, and the possibility to add up to six sites if improved. The second fee simple parcel is parcel 35.06 which has nine improved sites. The leasehold parcels contain 45 improved sites, two with park models which do convey as well as the recreation area with pool, fishing pond, snack bar. Please call listing Agent for additional information.
Directions
At light # 3 in Pigeon Forge take Wears Valley Road (Hwy 321) approximately 10 miles to RV Park on Right. See sign.

Status Change Information

Major Change Timestamp
2016-04-29T05:36:37Z
Major Change Type
Status Change
Status Change Timestamp
2016-04-29
Purchase Contract Date
2016-02-05
Close Date
2016-04-29
Close Price
800000
Buyer Financing
Conventional

More Information

Currently Not Used

Book/Page/Doc #
3212, 495

Showing Requirements

Showing Instructions
Appointment required to show property. Listing Agent must be on site during showing. All information deemed to be accurate however not guaranteed. Please verify all information to your satisfaction. ALL OFFERS SUBJECT TO COURT APPROVAL. (This is not a short sale or foreclosure). Response to offers should be fairly quick. Seller is a licensed Real Estate Agent in TN
Appointment Only
Yes
Call Listing Agent
Yes
See Remarks
Yes

Location, Tax, and Legal

Restrictive Covenants YN
No
Zoning
C-1
Zoning Entity
Sevier County
Tax Lot
2
Tax Annual Amount
6698
Tax Year
2014

Basement

None
Yes

Cooling

Central Air
Yes
Electric
Yes

Heating

Central
Yes

Levels

One
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Parking Features

On Site
Yes
Paved
Yes

Possession

Close Of Escrow
Yes

Sewer

Septic Tank
Yes

Income and Expenses

Maintenance Expense
0

Building Features

Living Space
Yes
Reception Area
Yes
Restrooms
Yes

Business Type

Professional/Office
Yes
Recreation
Yes

Lease Details

Lease Amount
0
Listing Office: Re/Max Cove Mountain Realty
Last Updated: August - 23 - 2024
Information deemed reliable but not guaranteed.