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Property profile & analytics
OFF-MARKET
Land

0 Teaster Ln Pigeon Forge, TN 37863

16.28 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 16.28-acre property, encompassing two parcels (APN 083-093.03 & 093.04), presents a remarkable investment opportunity in the thriving commercial heart of Pigeon Forge, Tennessee. Zoned C4 Planned Unit Commercial District, this land allows for diverse development options, including retail, mixed-use, restaurants, amusement park attractions, apartments, or office space. Located off Teaster Lane, behind Pigeon Forge Snow and Mountain Mile, the site enjoys convenient access to all utilities. Its strategic position places it a mere quarter-mile from the US-441 Parkway, ensuring high visibility and accessibility. The property's proximity to major retail chains, diverse dining options, and established recreational facilities further enhances its appeal. The gently rolling terrain offers flexibility in design and construction, making it ideal for a wide range of development projects. This is a rare chance to capitalize on the dynamic growth and high demand of this premier location in Sevier County, offering significant potential for substantial returns. The asking price is $5,950,000.

Property profile
Verified
Property type Land
Lot 16.28 ac (709,157 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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