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    1155 Wears Valley Rd Pigeon Forge, TN 37863

    For Lease
    $20,000 /Mo ($3 SF/Yr)

    Mixed Use - Pigeon Forge, TN

    Type:Mixed Use
    Lot size:
    1.79 Acres
    Days on Market:
    74
    Last Refresh:
    Dec 11 at 12:06 pm

    Property Features for 1155 Wears Valley Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Mixed Use
    Standard status
    Active
    Lot size
    1.79 Acres

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1950
    Architectural style
    Other

    Greater Impact Realty Lakeway (615) 478-5333

    Listing agent Ben Taylor Cantwell (423) 586-0376 License #360377

    Listing date Sep 29, 2025

    MLS# 709170 Listing URL

    Copyright © 2025 Lakeway Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pigeon Forge Retail Ground Lease

    This ground lease opportunity features nearly 2 acres of commercial land in Pigeon Forge, Tennessee. The site is located near the Parkway on Wears Valley Road, benefiting from high visibility and traffic. Positioned near established retailers such as McDonald's, Taco Bell, Sherwin Williams, AutoZone, and O'Reilly's, the location benefits from approximately 30,000 ADT. As a gateway to the Great Smoky Mountains National Park, Pigeon Forge attracts over 12 million annual visitors. The area has a family-friendly market with attractions like Dollywood, theaters, shopping, and over 60,000 hotel rooms and rentals nearby. This site is suitable for retail or fast food businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Auto Repair Shop Auto Parts Store Gym & Fitness Food Market Accounting Firm Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pigeon Forge
    County
    Sevier
    State
    Tennessee
    Longitude
    -83.604057
    Latitude
    35.79198

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    FAQs

    What type of property is this?
    Commercial land - Prime retail or fast food site near Parkway in Pigeon Forge.
    Where is this commercial land located?
    The property is located at 1155 Wears Valley Rd Pigeon Forge, TN.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on Wears Valley Rd in Pigeon Forge, near the Parkway.; - High traffic volume: approximately 30,000 ADT.; - Ground lease opportunity on nearly 2 acres.
    (423) 586-0376
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1155 Wears Valley Rd Pigeon Forge, TN 37863
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