234 Caton Rd Sevierville, TN 37862-7002

This exceptional 10.54-acre commercial land parcel in Sevierville, Tennessee, presents a remarkable investment opportunity. Located at 234 Caton Rd, Sevier County, zip code 37862, the property boasts a C3 zoning designation, allowing for a diverse range of commercial developments. Currently approved for a mixed-use project, the plans include 90 townhomes (duplex and fourplex layouts, each featuring three bedrooms, 3.5 bathrooms, and 1,500 square feet), a 162-room hotel complete with a rooftop bar and restaurant, and a spacious event venue/banquet hall capable of accommodating over 300 guests. The proposed development also incorporates a comprehensive amenity package designed to enhance resident and guest experiences. This includes an indoor/outdoor lagoon-style pool, hot springs, a state-of-the-art gym, a recreation center, an outdoor kitchen, and a dog park. Conveniently situated near Tanger Outlets and with direct access via walking paths, the property enjoys exceptional visibility and proximity to major attractions in Pigeon Forge and Gatlinburg, as well as Interstate 40. While the existing plans provide a solid foundation, the property offers new ownership the flexibility to adapt and create a customized development tailored to their vision. The asking price for this prime investment is $10,500,000.