4020 Parkway

Pigeon Forge, TN 37863

Listing ID: 197060
$14,899,000
For Sale
  • Property Type Land : Mixed Use Land
  • Lot Size Acres 21.310
  • Land Sq Ft 928,263
  • Land Price per Sq Ft $16.05
Description

Description

This opportunity is the best resort development tract in Sevier County. The property consists of 21.31 acres located just off the Parkway in Pigeon Forge, TN. This opportunity is unique in many ways. It is a large fee simple tract directly off the Parkway with spectacular mountain views. However, the most important feature is this property’s commanding visibility.

The property lays like a plateau - it is very steep near the Parkway but flattens out nicely on the top. The building site sits almost 100 feet above the grade of the Parkway. The combination of the elevated building footprint with the site’s position relative to the Parkway results in a property that can be seen by all inbound traffic from 1.55 miles away. That totals an average of 43,556 cars per day for a duration of 3-10 minutes, depending on traffic.

While this property has unique topography, it tapers nicely on both sides and already has two points of ingress and egress as delineated below:.

• Red light access, Parkway and Conner Heights

• Right-in, Right-out access near Golf Road

Highlights

21.31 Acres

Available Fee Simple

ADTC 43,554

Site Visible for 1.55 miles

Two Points of Ingress and Egress

Spectacular Mountain and City Views

Located within Pigeon Forge’s Tourism Development Zone

C1,C2, and C6 Zoning on Portions of the Site

Pigeon Forge’s Gross Revenue Topped $1.4B in 2018

- Lodging Revenue Exceeded $368M in 2018

- Restaurant Revenue Exceeded $238M in 2018

- Amusement Revenue Exceeded $264M in 2018

Attachments & Files
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 Population1,1906,55920,676
Population Median Age454343
Population by Age0-9 Yrs156 (13%)707 (10%)2185 (10%)
10-19 Yrs68 (5%)699 (10%)2424 (11%)
20-29 Yrs131 (11%)797 (12%)2453 (11%)
30-39 Yrs162 (13%)692 (10%)2213 (10%)
40-49 Yrs107 (8%)685 (10%)2414 (11%)
50-59 Yrs160 (13%)1073 (16%)3176 (15%)
60-69 Yrs164 (13%)870 (13%)2654 (12%)
70+ Yrs241 (20%)1034 (15%)3157 (15%)
Median HH Income$39,651$41,626$41,879
Total Household Income< 24K144 (29%)717 (27%)2114 (26%)
25-49K215 (44%)947 (36%)2677 (33%)
50-74K47 (9%)491 (18%)1603 (20%)
75-99K19 (3%)223 (8%)660 (8%)
100-199K57 (11%)191 (7%)712 (8%)
200K+2 (0%)25 (0%)172 (2%)
Highest Education LevelNo Diploma24511493115
Diploma or GED22516135233
Some College21810033387
Assoc. Degree29268830
Bachelors Degree563971514
Higher Degree116318896
Total Housing Units8625,78618,657
--Owner-Occupied2511,4594,669
--Renter-Occupied2321,1353,269
Owner-Occupied Values< 100K52269901
100-199K1016631994
200-299K38196819
300-399K35224550
400-499K436148
500K+2172257
Total Working Age Population9715,36616,963
In Work Force6453,53310,474
Not In Work Force3271,8326,488
Workforce Employed6293,3879,916
Workforce Unemployed16147559
Civlian Workforce6453,53310,474
Military Workforce000
Total Households4832,5947,938
Family Households3161,7325,395
Non-Family Households1678622,542
Married Couple2941,3954,141
Other Family223361,254
Married w/Child1183821,122
Single Male w/Child141259
Single Female w/Child4167480

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Tennessee5,689,283+126,346,105+96,886,369+77,393,069
Sevier County71,170+2689,889+12100,658+12112,912

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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.

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