0 Teaster Ln Pigeon Forge, TN 37863
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.