For Sale
$7,000,000

2510 Teaster Ln Pigeon Forge, TN 37863

6.198 Acres, Prime Tourist Location

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 6.198-acre commercial land parcel presents a remarkable investment opportunity in the thriving tourist destination of Pigeon Forge, Tennessee. Located on Teaster Lane, this C-6 Mixed-Use Commercial District zoned property boasts 315 feet of frontage, offering unparalleled visibility and accessibility. The site enjoys a strategic position, adjacent to a SpringHill Suites hotel to the north and The Shops at Pigeon Forge retail center to the south, ensuring high traffic and proximity to established businesses. Nearby hotels include Hampton Inn, Hilton Garden Inn, Fairfield Inn & Suites, and The Christmas Place Hotel, further solidifying its prime location within a bustling commercial corridor. The property's panoramic mountain views add to its appeal. While partially wooded and featuring a creek at its rear boundary, the existing structures (an old house and outbuildings) hold minimal economic value. Municipal utilities are readily available. With an average daily traffic count of 50,336 on the nearby Parkway, this property offers exceptional visibility and potential for significant returns. The $7,000,000 asking price translates to approximately $1,129,397 per acre, reflecting the land's premium location and development potential within this high-demand tourist area. The APN is 083 P/O 097.00. This is a rare opportunity to acquire a substantial tract in a rapidly growing market.

Property Details for 2510 Teaster Ln

Property type
Land
Lot Size (sq. ft)
269,985 SF

Location Insight

City
Pigeon Forge
County
Sevier
State
Tennessee
Latitude
35.811797
Longitude
-83.574852

FAQs

What type of property is this?
Land - 6.198 Acres, Prime Tourist Location
Where is the land located?
The property is located at 2510 Teaster Ln Pigeon Forge, TN.
What is the asking price?
The asking price for this property is $7,000,000.
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2510 Teaster Ln
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