Pigeon Forge, TN Mixed-use properties for sale

Updated: Aug 1, 2024

Pigeon Forge Redevelopment Opportunity

1134-1138 Wears Valley Road, Pigeon Forge, TN 37863

$1,700,000

4,394 sqft 6.95 AC lot

Prime redevelopment opportunity in Pigeon Forge, a major tourist destination.
High‑traffic location on Wears Valley Road, a 5‑lane artery with a median.
Combined 6.95 acres with both commercial (C‑6) and high‑density residential (R‑2) zoning.
Front parcels (1.55 acres) are commercially zoned, ideal for retail, restaurants, or professional services.
Back parcels (5.40 acres) zoned for high‑density residential development, suitable for cabins or resort.

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This listing looks promising.

Here's a quick look at some key insights for

1134-1138 Wears Valley Road, Pigeon Forge, TN 37863

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Est. Cap Rate

3.2%
NOI ÷ price
Est. NOI

$55K
Annual
Price @ 7% Cap

$780K
Suggested

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in Pigeon Forge, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Cullowhee Mixed-Use Investment Opportunity

3074 Old Cullowhee Rd, Cullowhee, NC 28723

$799,000

1,600 sqft 0.59 AC lot

Mixed-use property with residential and commercial spaces near WCU.

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Prime Redevelopment Opportunity in Knoxville

1013 N Central St, Knoxville, TN 37917

$3,500,000

29,874 sqft 1.06 AC lot

1.061-acre property with downtown and Smoky Mountains views.

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Mixed-Use Property in Growing Area

3074/3050 Old Cullowhee Road, Cullowhee, NC 28723

$799,000

Investment opportunity with residential and commercial potential near university.

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Knoxville Mixed-Use Investment Opportunity

1501 White Ave, Knoxville, TN 37916

$4,700,000

12,450 sqft

Two-story commercial property near University of Tennessee with expansion potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Developable Land with Onsite Utilities

820 Old Gate Rd, Pigeon Forge, TN 37863

$5,900,000

16.22 AC lot

16.22-acre parcel with water, sewer, and electric onsite plus two occupied cabins for ongoing rental income.

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Land with Two Rental Cabins

820 Old Gate Road, Pigeon Forge, TN 37863

$5,900,000

16.22 AC lot

Zoned R-2 acreage includes utilities and two occupied cabins, supporting multiple residential development options.

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2.43 Acres Prime Commercial Land

Lot 4 C P Wilson Drive, Sevierville, TN 37862

$375,000

105,850 sqft 2.43 AC lot

Commercial land for sale in a high-growth Sevierville corridor.

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Gatlinburg Land Investment Opportunity

Silverbell Heights Lane, Gatlinburg, TN 37738

$799,900

0.58 AC lot

Ten C2-zoned lots near downtown Gatlinburg with utilities on site.

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Off-Market Properties in Pigeon Forge, TN

Consider similar Off-Market properties in Pigeon Forge, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Restaurants

648 Old Douglas Dam Rd, Sevierville, TN 37876

Value Estimation by Request

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Specialty properties

2115 Parkway, Pigeon Forge, TN 37863

Value Estimation by Request

18,134 sqft 2.21 AC lot

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Mixed-use properties

1934 Bear Crk Fls Way, Sevierville, TN 37862

Value Estimation by Request

9,120 sqft

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Pigeon Forge, TN Mixed-Use Properties Market Trends and Statistics

Explore 4 mixed-use properties for sale in Pigeon Forge, TN on our real estate platform. These investment opportunities span a total of 4,394 square feet of properties for sale, with an estimated market value of $1,700,000.

Sale prices for multi use buildings in Pigeon Forge, TN start at $1,700,000, averaging $1,700,000, and reaching up to $1,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
37863	$1.7M

Neighborhood

Average Price

37863

$1.7M

Pigeon Forge, TN Mixed-use Properties for Sale

1134-1138 Wears Valley Road, Pigeon Forge, TN 37863