Commercial Land
137 Spruce Lane Gatlinburg, TN 37738
Details & Description
Price: $499,000
    This 3.1-acre property is improved with three older occupied houses (1456, 580, and 367 sq.ft.) that have only limited rental potential due to their age and condition. House #1 is a 2-story with 2 BD up and 2 BD down, 1 BA, and gas heat. House #2 is 1 BD/1BA with space heaters. House #3 is 1BR/1BA with space heaters. No rental information is available.The property is located a short distance off East Parkway (US 321) within the city limits of Gatlinburg, TN.It fronts a rushing mountain creek and is accessed via a small one-lane bridge. The TN Dept. of Transportation has fully funded a bridge renovation, with engineering planning now underway.Redevelopment with cabin(s) or multifamily dwellings is probably the highest and best use of this property, but it will be limited until the bridge work has been completed. The R-2 Medium Density Residential District zoning allows for such uses as single family, two-family and multi-family dwellings, bed and breakfasts, boarding and rooming houses, and tourist residential dwellings.
    Additional Photos
    Listing Agents
    David Gothard

    O: 865-453-8111
    dgothard@koellamoore.com
    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.

    137 Spruce Lane

    Gatlinburg, TN 37738

    Listing ID: 197215
    • 137 Spruce Lane Gatlinburg, TN 37738 | for Sale | Photo 1
    • 137 Spruce Lane Gatlinburg, TN 37738 | for Sale | Photo 2
    • 137 Spruce Lane Gatlinburg, TN 37738 | for Sale | Photo 3
    • 137 Spruce Lane Gatlinburg, TN 37738 | for Sale | Photo 4
    137 Spruce Lane | for Sale | Thumbnail 1
    137 Spruce Lane | for Sale | Thumbnail 2
    137 Spruce Lane | for Sale | Thumbnail 3
    137 Spruce Lane | for Sale | Thumbnail 4
    Building Size: --
    Lot Size: 3.100 AC
    Land Size: 135,036 SF
    Building $/SF:
    Land $/SF: $3.70
    Price
    $499,000
    Description

    This 3.1-acre property is improved with three older occupied houses (1456, 580, and 367 sq.ft.) that have only limited rental potential due to their age and condition. House #1 is a 2-story with 2 BD up and 2 BD down, 1 BA, and gas heat. House #2 is 1 BD/1BA with space heaters. House #3 is 1BR/1BA with space heaters. No rental information is available.

    The property is located a short distance off East Parkway (US 321) within the city limits of Gatlinburg, TN.

    It fronts a rushing mountain creek and is accessed via a small one-lane bridge. The TN Dept. of Transportation has fully funded a bridge renovation, with engineering planning now underway.

    Redevelopment with cabin(s) or multifamily dwellings is probably the highest and best use of this property, but it will be limited until the bridge work has been completed. The R-2 Medium Density Residential District zoning allows for such uses as single family, two-family and multi-family dwellings, bed and breakfasts, boarding and rooming houses, and tourist residential dwellings.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Knoxville History of Commercial Land for Sale

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    Gatlinburg Area Market Trends

    Listing Demographics for 137 Spruce Lane Gatlinburg, TN 37738

    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 Population1,1313,8478,755
    Population Median Age394344
    Population by Age0-9 Yrs119 (10%)336 (8%)796 (9%)
    10-19 Yrs154 (13%)502 (13%)1010 (11%)
    20-29 Yrs177 (15%)455 (11%)1012 (11%)
    30-39 Yrs172 (15%)405 (10%)785 (8%)
    40-49 Yrs129 (11%)481 (12%)1053 (12%)
    50-59 Yrs118 (10%)498 (12%)1298 (14%)
    60-69 Yrs145 (12%)588 (15%)1325 (15%)
    70+ Yrs117 (10%)583 (15%)1477 (16%)
    Median HH Income$34,713$37,607$39,714
    Total Household Income< 24K128 (31%)470 (30%)970 (26%)
    25-49K150 (37%)527 (33%)1276 (35%)
    50-74K61 (15%)282 (18%)689 (19%)
    75-99K27 (6%)104 (6%)249 (6%)
    100-199K24 (5%)144 (9%)372 (10%)
    200K+15 (3%)37 (2%)60 (1%)
    Highest Education LevelNo Diploma1374361131
    Diploma or GED2959032072
    Some College1546871552
    Assoc. Degree44175424
    Bachelors Degree81351746
    Higher Degree37211515
    Total Housing Units1,4945,75210,733
    --Owner-Occupied1829332,284
    --Renter-Occupied2226301,331
    Owner-Occupied Values< 100K2096296
    100-199K92403942
    200-299K26207517
    300-399K1695258
    400-499K22865
    500K+26104207
    Total Working Age Population9233,2177,283
    In Work Force6071,8944,339
    Not In Work Force3161,3242,944
    Workforce Employed5441,7184,042
    Workforce Unemployed64176298
    Civlian Workforce6071,8944,339
    Military Workforce000
    Total Households4041,5633,615
    Family Households2529702,282
    Non-Family Households1525931,334
    Married Couple1997681,893
    Other Family53203389
    Married w/Child52191483
    Single Male w/Child33369
    Single Female w/Child2681138

    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

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    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.

    Common Questions and Answers

    What is the asking price for 137 Spruce Lane in Gatlinburg?
    The asking price for 137 Spruce Lane is $499,000
    How much land does the Gatlinburg, TN property at 137 Spruce Lane include?
    137 Spruce Lane in Gatlinburg includes 3.100 acres of land
    What kind of Land is the propery at 137 Spruce Lane?
    The property at 137 Spruce Lane Gatlinburg, TN 37738 is listed as a Apartment Land Land property
    What is the population within 1 mile of 137 Spruce Lane in Gatlinburg?
    The population within 1 mile of 137 Spruce Lane Gatlinburg, TN 37738 is 1,131 people.
    Who do I contact for questions about 137 Spruce Lane?
    You should contact the listing agent, David Gothard, for any details regarding this commercial listing.

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    2616 Teaster Lane, Pigeon Forge, TN $212,766 - 0.19
    2840 Veterans Boulevard, Pigeon Forge, TN $2,900,000 - 48.5

    Closest Commercial Airports

    Airport Distance (mi)
    McGhee Tyson Airport (TYS) 28
    Asheville Regional Airport (AVL) 58
    Tri-Cities Regional TN/VA Airport (TRI) 81