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Residential Development Land with Utilities
For Sale
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110 Mary Lee Way, Sevierville, TN 37862

Development land offering city water and sewer service, with multiple dirt pads packed and prepared for concrete.

Property SizeContact for details
Days on Market136

Property Features for 110 Mary Lee Way

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Utilities to Site Yes
Multifamily Units 42
Listing Agency: Marcus & Millichap - Knoxville
Listed By: Wendy Davis · License #310542
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 1:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Knoxville

Investment Insights

Based on property information with market context.

This residential development land presents approximately 6–7 acres remaining for development, with an additional 16+ acres available that have city water and sewer service. Sevierville City allows up to 21 units per acre.

The site already includes five dirt pads that have been packed and prepared for concrete, totaling capacity for 42 units based on the existing pad preparation. The owner also reported raising rents 11.87% in 2021.

The property is listed for sale, with the address at 110 Mary Lee Way in Sevierville, Tennessee.

Key Highlights

  • 6–7 acres available for development, with an additional 16+ acres also noted
  • City water and sewer available to the development property
  • Sevierville City allows up to 21 units per acre

Property Analytics

Current Use

Grupo Celular Mi ... Church Ogle Place Apartment Building DIMATT MOBILE TIRE ... Auto Repair Shop

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Hair Salon Nail Salon Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

42
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

88
Businesses Nearby

Demographics for 37862, TN

23,236
Population
13,676
Households
1.7
Avg Household Size
43
Median Age
23%
College-Educated
87%
High-School Grad
81.8 sq mi
ZIP Area
284
Density / Sq Mi
$58,110
Median Household Income
$31,490
Median Earnings
$956
Median Rent
$283,800
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Development land offering city water and sewer service, with multiple dirt pads packed and prepared for concrete.
Where is this residential land & home lot located?
The property is located at 110 Mary Lee Way Sevierville, TN.
What are key features of this property?
This property features: 6–7 acres available for development, with an additional 16+ acres also noted; City water and sewer available to the development property; Sevierville City allows up to 21 units per acre
More about this property
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