Property summary
This exceptional 5.08-acre commercial land tract in Kodak, Tennessee, presents a prime development opportunity. Located in the C-5 Tourist Commercial zoning district, this property boasts excellent visibility and road frontage near Bass Pro Shops, restaurants, and hotels. All municipal utilities are readily available. The site's rolling topography is well-suited for a variety of commercial uses, including hotel, retail, and restaurant development. Pre-existing site plans (2006) detail a potential development including an 80-room four-story hotel, a 60-room three-story hotel, a 208-seat restaurant, and 203 parking spaces. The property benefits from its strategic location near I-40 Exit 407, experiencing high traffic volume with I-40 averaging 72,103 vehicles daily and Winfield Dunn Parkway averaging 36,107. This location is within a Sevier County Opportunity Zone, leveraging the benefits of this community investment tool. Sevier County and the Great Smoky Mountains National Park draw 15 million annual visitors, making this a high-traffic area with significant potential for commercial success. The asking price is $1,585,000, representing a price per acre of $312,008. The property's APN is 008 029.01. A video showcasing the property is available online.
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