2634 Teaster Lane

Sevierville, TN 37863

Listing ID: 197044

$1,600,000

For Sale

Property Type Land : Mixed Use Land
Lot Size Acres 2.070
Land Sq Ft 90,169
Land Price per Sq Ft $17.74

2634 Teaster Lane Sevierville, TN 37863 - main image

Description

Description
Site is available along with two adjacent parcels totaling 2.49 acres.
Site 1: 2.07 AC - $1,600,000
Site 2: 0.23 AC - $200,000
Site 3: 0.19 AC - $212,766
TOTAL: 2.49 AC - $2,012,766
The fee simple property is located in a desirable location for hotel development. The site has been filled and compacted. As a result, site work should be substantially less than many competing hotel sites along the Teaster corridor.
The upper floors of any multilevel project would have unobstructed mountain views and benefit from the peaceful surroundings.
Highlights
Great Site for Hotel
0.4 miles from the intersection of Teaster Lane and Jake Thomas Blvd
Quick walk to:
LeConte Event Center
Cal Ripken Experience
The Island in Pigeon Forge
and more along the Parkway
Home to the newest and best performing hotels in the market, the Teaster Lane corridor includes:
The Inn at Christmas Place
The Marriott Spring Hill Suites
The Hampton Inn
The Hilton Garden Inn
Hilton Home 2 Suites

Attachments & Files

saleflyerhorizontalallsites-HAa-DtB.pdf

Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		1,430	9,714	25,379
Population Median Age		43	42	42
Population by Age	0-9 Yrs	184 (12%)	1120 (11%)	2880 (11%)
	10-19 Yrs	149 (10%)	1075 (11%)	2860 (11%)
	20-29 Yrs	133 (9%)	1165 (11%)	2953 (11%)
	30-39 Yrs	195 (13%)	1167 (12%)	2905 (11%)
	40-49 Yrs	121 (8%)	1049 (10%)	3144 (12%)
	50-59 Yrs	243 (16%)	1463 (15%)	3890 (15%)
	60-69 Yrs	184 (12%)	1198 (12%)	3077 (12%)
	70+ Yrs	222 (15%)	1478 (15%)	3670 (14%)

Median HH Income		$40,452	$40,839	$41,984
Total Household Income	< 24K	189 (33%)	1120 (30%)	2550 (26%)
	25-49K	207 (36%)	1285 (34%)	3272 (34%)
	50-74K	56 (9%)	653 (17%)	1850 (19%)
	75-99K	74 (13%)	328 (8%)	809 (8%)
	100-199K	40 (7%)	285 (7%)	906 (9%)
	200K+	1 (0%)	54 (1%)	231 (2%)

Highest Education Level	No Diploma	274	1701	3776
	Diploma or GED	316	2397	6552
	Some College	249	1585	4137
	Assoc. Degree	31	314	1018
	Bachelors Degree	81	574	1849
	Higher Degree	90	424	1026

Total Housing Units		1,090	7,541	18,059
--Owner-Occupied		233	1,950	5,421
--Renter-Occupied		334	1,776	4,197
Owner-Occupied Values	< 100K	43	429	1144
	100-199K	101	873	2240
	200-299K	20	258	1032
	300-399K	52	252	566
	400-499K	1	48	172
	500K+	15	90	267

Total Working Age Population		1,158	7,919	20,746
In Work Force		777	5,094	12,671
Not In Work Force		381	2,826	8,075
Workforce Employed		757	4,891	12,085
Workforce Unemployed		20	203	574
Civlian Workforce		777	5,094	12,659
Military Workforce		0	0	12

Total Households		567	3,725	9,618
Family Households		389	2,493	6,553
Non-Family Households		178	1,232	3,064
Married Couple		293	1,900	4,880
Other Family		95	593	1,674
Married w/Child		88	571	1,353
Single Male w/Child		15	113	351
Single Female w/Child		62	257	604

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Tennessee	5,689,283	+12	6,346,105	+9	6,886,369	+7	7,393,069
Sevier County	71,170	+26	89,889	+12	100,658	+12	112,912

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.