431 Parkway, Gatlinburg, TN 37738

$700,000
Property Type: Commercial Sale Square Footage: 24,375 Status: Closed
Current Price: $700,000 List Date: 12/19/2011 Last Modified: 8/21/2024

Overview

Description

24,375 sq. ft. parking lot (14 spaces) on the Parkway in Gatlinburg! Property also has a 339 sq.ft. log cabin in good condition that would be perfect for a retail/office area. Great visibility on this busy highway with the annual average daily traffic count in 2010 being over 42,000 according to DOT at TN.gov. The site has utility water, sewer, electricity and telephone available.

Listing Details MLS# 171558

General Property Information

Living Area
24375
Business Name
55 Space Parking Lot
Bonus Room YN
No
Sign On Property YN
No
List Price/SqFt
40.16
Sold Price/SqFt
28.72
Number Of Buildings
0
Lot Size Acres
0
Number of Bonus Rooms
0

Property Features

Listing Terms: Cash; Conventional; Fee Simple Unimproved Parking Features: On Site Possession: Close Of Escrow Possible Use: Retail; Other Road Frontage Type: City Street Special Listing Conditions: In Foreclosure Showing Requirements: Show Any Time

Location Tax and Legal

Street Number
431
Street Name
Parkway
County
Sevier
State
TN
Zip Code
37738
Property Sub Type
Unimproved Land
MLS Area Major
Gatlinburg
Subdivision Name
Other

Contract Information

Original List Price
979000
Listing Contract Date
2011-12-19
Owner Name
Bank
Listing Agreement
Exclusive Right To Sell
Rental History Gross Amount 1
0
Rental History Year 1
0
Rental History Gross Amount 2
0
Rental History Year 2
0
Association Fee
0

Remarks and Miscellaneous

Public Remarks
24,375 sq. ft. parking lot (14 spaces) on the Parkway in Gatlinburg! Property also has a 339 sq.ft. log cabin in good condition that would be perfect for a retail/office area. Great visibility on this busy highway with the annual average daily traffic count in 2010 being over 42,000 according to DOT at TN.gov. The site has utility water, sewer, electricity and telephone available.
Directions
Parkway in Gatlinburg.

Status Change Information

Major Change Timestamp
2012-11-09T06:33:52Z
Major Change Type
Status Change
Status Change Timestamp
2012-11-09
Purchase Contract Date
2012-08-28
Close Date
2012-11-09
Close Price
700000
Buyer Financing
Conventional

More Information

Currently Not Used

Book/Page/Doc #
3685, 100

Showing Requirements

Showing Instructions
Property being sold As Is with no warranties expressed, written or implied. As with all real estate transactions buyers should do their own due diligence and verify all information independently, purchase title insurance, have a survey, and any other inspections available. Most information has been taken from tax records and/or appraisal and not verified by Listing Agent/Company. PRE-APPROVAL LETTER OR PROOF OF FUNDS REQUIRED WITH ALL OFFERS.
Show Any Time
Yes

Location, Tax, and Legal

Restrictive Covenants YN
Yes
Zoning
C-1
Zoning Entity
Gatlinburg
Tax Lot
No
Tax Annual Amount
5588
Tax Year
2010

Listing Terms

Cash
Yes
Conventional
Yes
Fee Simple Unimproved
Yes

Parking Features

On Site
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

City Street
Yes

Special Listing Conditions

In Foreclosure
Yes

Income and Expenses

Maintenance Expense
0

Possible Use

Retail
Yes
Other
Yes
Listing Office: Prime Mountain Properties
Last Updated: August - 21 - 2024
Information deemed reliable but not guaranteed.