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
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.
More Information MLS# 171558
Location, Tax, and Legal
Restrictive Covenants YN: Yes
Zoning: C-1
Zoning Entity: Gatlinburg
Tax Lot: 0
Tax Annual Amount: 5588
Tax Year: 2010
Contract Information
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
Current Price: $700,000
Original List Price: 979000
Sold Price: $700,000
Status: Closed
Listing Contract Date: 2011-12-19
General Property Information
Number Of Buildings: 0
Lot Size Acres: 0
Business Name: 55 Space Parking Lot
Bonus Room YN: No
Number of Bonus Rooms: 0
Sign On Property YN: No
List Price/SqFt: 40.16
Sold Price/SqFt: 28.72
Living Area: 24375
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
Status Change Timestamp: 2012-11-09
Buyer Financing: Conventional
Major Change Timestamp: 2012-11-09T06:33:52Z
Major Change Type: Status Change
Purchase Contract Date: 2012-08-28
Close Date: 2012-11-09
Close Price: 700000
Currently Not Used
Book/Page/Doc #: 3685, 100
Listing Terms
Cash: 1
Conventional: 1
Fee Simple Unimproved: 1
Parking Features
On Site: 1
Possession
Close Of Escrow: 1
Road Frontage Type
City Street: 1
Special Listing Conditions
In Foreclosure: 1
Income and Expenses
Maintenance Expense: 0
Possible Use
Retail: 1
Other: 1
Showing Requirements
Show Any Time: 1
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.
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
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
Listing Office:
Prime Mountain Properties
Last Updated: August - 21 - 2024
Information deemed reliable but not guaranteed.