834 Wears Valley Road, Pigeon Forge, TN 38763
$1,200,000
Property Type:
Commercial Sale
Square Footage:
1,864
Lot Size (sq. ft.):
390,298
Status:
Closed
Current Price:
$1,200,000
List Date:
10/22/2021
Last Modified:
8/23/2024
Description
Amazing property 1.3 Miles from the Pigeon Forge Parkway fronting Wears Valley Road. There are 3 parcels consisting of 8.96+/- Acres. There is great commercial frontage of approximately 567' on Wears Valley Road, and 1339' of frontage on beautiful Walden's Creek. The current property improvements include a log cabin currently being utilized as a bakery business. Additionally, there is an incredibly well maintained 936 sq ft home, an outbuilding, and storage shed. The flat river frontage area has a wonderful covered patio area with a big deck overlooking amazing creek frontage. This location is ideal for cabin development, camp ground, hotel, attraction, or most any business endeavor with 37,356 passes per day per the Annual Average Traffic Counts provided by TDOT. This is a dynamic tourist area boasting incredible growth. This property has never before been offered for sale and has been in the same family for at least 3 generations. Do not miss this opportunity for development!
More Information MLS# 245695
Location, Tax, and Legal
Restrictive Covenants YN: No
Zoning: C-2
Zoning Entity: Pigeon Forge
Parcel Number: 37863
Tax Lot: 0000
Tax Annual Amount: 1265
Tax Year: 2019
Contract Information
Owner Name: McCarter
Listing Agreement: Exclusive Right To Sell
Current Price: $1,200,000
Original List Price: 2174000
Sold Price: $1,200,000
Status: Closed
Listing Contract Date: 2021-10-22
General Property Information
Number Of Buildings: 3
Lot Size Acres: 8.96
Bonus Room YN: No
Sign On Property YN: Yes
List Price/SqFt: 858.37
Sold Price/SqFt: 643.78
Living Area: 1864
Year Built: 1970
Remarks and Miscellaneous
Public Remarks: Amazing property 1.3 Miles from the Pigeon Forge Parkway fronting Wears Valley Road. There are 3 parcels consisting of 8.96+/- Acres. There is great commercial frontage of approximately 567' on Wears Valley Road, and 1339' of frontage on beautiful Walden's Creek. The current property improvements include a log cabin currently being utilized as a bakery business. Additionally, there is an incredibly well maintained 936 sq ft home, an outbuilding, and storage shed. The flat river frontage area has a wonderful covered patio area with a big deck overlooking amazing creek frontage. This location is ideal for cabin development, camp ground, hotel, attraction, or most any business endeavor with 37,356 passes per day per the Annual Average Traffic Counts provided by TDOT. This is a dynamic tourist area boasting incredible growth. This property has never before been offered for sale and has been in the same family for at least 3 generations. Do not miss this opportunity for development!
Directions: From the Parkway in Pigeon Forge, turn onto Wears Valley Road. Travel approximately 1.4 miles to the property on the Right, See Sign
Status Change Information
Status Change Timestamp: 2023-02-01
Buyer Financing: Conventional
Major Change Timestamp: 2023-02-01T06:39:35Z
Major Change Type: Status Change
Price Change Timestamp: 2022-09-27T20:05:07Z
Purchase Contract Date: 2022-10-24
Close Date: 2023-02-01
Close Price: 1200000
Currently Not Used
Book/Page/Doc #: 5525 /1755, 380 / 15
Basement
None: 1
Community Features
Sidewalks: 1
Construction Materials
Vinyl Siding: 1
Wood Siding: 1
Cooling
Window Unit(s): 1
Documents Available
Aerial Photo: 1
Electric
220 Volts: 1
Exterior Features
Lighting: 1
Heating
Wall Furnace: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Fee Simple Improved: 1
Other Structures
Outbuilding: 1
Parking Features
On Site: 1
Possession
Close Of Escrow: 1
Other: 1
Road Frontage Type
City Street: 1
State Road: 1
Utilities
Cable Available: 1
Internet Available: 1
Natural Gas Available: 1
Phone Available: 1
Sewer Available: 1
Sewer Connected: 1
Water Available: 1
Water Connected: 1
Window Features
Display Window(s): 1
Possible Use
Medical/Dental: 1
Multi-Family: 1
Office: 1
Recreational: 1
Retail: 1
Other: 1
Building Features
Restrooms: 1
Business Type
Convenience Store: 1
Showing Requirements
Appointment Only: 1
Lockbox: 1
Showing Instructions: Information gathered from various sources, including tax information. Buyer should verify all information contained herein with appropriate inspections prior to purchase. Parcels listed are - Tax Map 093, Parcels 154.01, 154.02, & 157.01. The cake shop on the property has a month to month lease. The tenant is established and has been there for 12+ years. There are a series of three gates to get the river frontage. On a combo lockbox. Text Adam Lane at 865-765-1606 to show. Please include your information and when you would like to show the property.
See Remarks: 1
Location Tax and Legal
Street Number: 834
Street Name: Wears Valley
Street Suffix: Road
County: Sevier
State: TN
Zip Code: 38763
Property Sub Type: Other
MLS Area Major: Wears Valley
Subdivision Name: Other
Property Features
Basement: None
Building Features: Restrooms
Business Type: Convenience Store
Community Features: Sidewalks
Construction Materials: Vinyl Siding; Wood Siding
Cooling: Window Unit(s)
Documents Available: Aerial Photo
Electric: 220 Volts
Exterior Features: Lighting
Heating: Wall Furnace
Levels: One
Listing Terms: Cash; Conventional; Fee Simple Improved
Other Structures: Outbuilding
Parking Features: On Site
Possession: Close Of Escrow; Other
Possible Use: Medical/Dental; Multi-Family; Office; Recreational; Retail; Other
Road Frontage Type: City Street; State Road
Utilities: Cable Available; Internet Available; Natural Gas Available; Phone Available; Sewer Available; Sewer Connected; Water Available; Water Connected
Window Features: Display Window(s)
Showing Requirements: Appointment Only; Lockbox; See Remarks
Listing Office:
Keller Williams Smoky Mountain
Last Updated: August - 23 - 2024
Information deemed reliable but not guaranteed.