1331 Dolly Parton Parkway

Sevierville, TN 37862

Listing ID: 197217

$6,900,000

For Sale

Property Type Land : Mixed Use Land
Lot Size Acres 35.860
Land Sq Ft 1,562,061
Land Price per Sq Ft $4.42

1331 Dolly Parton Parkway Sevierville, TN 37862 - main image

Description

This prime commercial development tract is located on one of Sevier County's major traffic corridors. It features extensive frontage on Dolly Parton Parkway (US 411), with additional back frontage on Old Newport Highway. The arterial commercial zoning encompasses a wide variety of uses. The location, size, and accessibility of the property suggests major retail development, such as a major retailer-anchored center.
The property is improved with a vacant 2,229 square foot single family residential building, built in 1960. No economic value is attributed to this building.

Attachments & Files

offeringmemorandum-new-4-jXZ-CCy.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		2,493	14,996	30,814
Population Median Age		39	39	39
Population by Age	0-9 Yrs	334 (13%)	2064 (13%)	3988 (12%)
	10-19 Yrs	290 (11%)	1912 (12%)	3770 (12%)
	20-29 Yrs	218 (8%)	1750 (11%)	3826 (12%)
	30-39 Yrs	400 (16%)	1955 (13%)	3893 (12%)
	40-49 Yrs	401 (16%)	1913 (12%)	3904 (12%)
	50-59 Yrs	320 (12%)	1967 (13%)	4388 (14%)
	60-69 Yrs	286 (11%)	1647 (10%)	3549 (11%)
	70+ Yrs	244 (9%)	1788 (11%)	3497 (11%)

Median HH Income		$42,317	$44,377	$43,584
Total Household Income	< 24K	235 (25%)	1358 (25%)	2755 (24%)
	25-49K	335 (35%)	1617 (30%)	3624 (32%)
	50-74K	173 (18%)	921 (17%)	1968 (17%)
	75-99K	59 (6%)	488 (9%)	1146 (10%)
	100-199K	113 (12%)	675 (12%)	1306 (11%)
	200K+	21 (2%)	220 (4%)	430 (3%)

Highest Education Level	No Diploma	313	1680	3575
	Diploma or GED	569	3455	7387
	Some College	405	2504	5125
	Assoc. Degree	111	625	1460
	Bachelors Degree	166	1274	2620
	Higher Degree	132	605	1110

Total Housing Units		970	6,441	15,294
--Owner-Occupied		353	2,901	6,420
--Renter-Occupied		582	2,378	4,808
Owner-Occupied Values	< 100K	96	601	1236
	100-199K	106	1062	2525
	200-299K	120	704	1365
	300-399K	16	258	651
	400-499K	1	94	222
	500K+	15	181	420

Total Working Age Population		1,999	11,818	24,693
In Work Force		1,316	7,307	15,533
Not In Work Force		683	4,511	9,160
Workforce Employed		1,268	6,901	14,634
Workforce Unemployed		49	407	882
Civlian Workforce		1,316	7,307	15,517
Military Workforce		0	0	16

Total Households		935	5,279	11,227
Family Households		588	3,644	7,730
Non-Family Households		348	1,635	3,497
Married Couple		387	2,484	5,604
Other Family		201	1,160	2,126
Married w/Child		122	857	1,805
Single Male w/Child		49	297	436
Single Female w/Child		68	407	881

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
Jefferson County	44,294	+16	51,407	+7	54,900	+6	58,295

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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.