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Pigeon Forge, TN Shopping Centers for Sale

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Pigeon Forge Redevelopment Opportunity
Updated: Apr 15, 2024
Pigeon Forge Redevelopment Opportunity

2530 Parkway, Pigeon Forge, TN 37863

$2,000,000
28,600 sqft · 6.59 AC lot
Prime redevelopment opportunity with 28,600 SF +/- in Lumberjack Square Shopping Center.
Located in the heart of Pigeon Forge, a high‑traffic tourist destination.
Part of Lumberjack Square, featuring 40,500 SF of retail shops and restaurants.
Anchor tenants include Calhoun's, Smoky Mountain Brewery, Paula Deen's Lumberjack Supper Show, and Five Guys Burgers and Fries.
Currently operating as the Lumberjack Adventure Park and Zipline, providing immediate income potential.
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Pigeon Forge Retail Opportunity
Updated: Nov 21, 2025
Pigeon Forge Retail Opportunity

135 E Wears Valley (Shops of Pigeon Forge), Pigeon Forge, TN 37863

Contact for pricing
98,342 sqft
Located in the heart of Pigeon Forge, benefit from 14 million annual visitors
Value priced at 40% below market rate
High traffic location: one block from the city's busiest intersection (50,356 cars per day)
Significant ongoing development and new attractions slated for 2025‑2026
Up to 11,000 SF available, offering flexibility for various business needs
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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 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.

Dandridge Commercial Land For Sale
Dandridge Commercial Land For Sale

+-1.72 Acr Highway 92 S, Dandridge, TN 37725

$499,000
74,923 sqft · 1.72 AC lot

1.72 acre commercial land with B-2 zoning in Dandridge.

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Retail Strip Center Development Opportunity
Retail Strip Center Development Opportunity

7220 Chapman Hwy, Knoxville, TN 37920

$2,500,000
13,260 sqft

Retail strip center with high growth and traffic location.

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Commercial Land on Highway 92
Commercial Land on Highway 92

+-1.37 Ac Highway 92 S, Dandridge, TN 37725

$299,000
1.37 AC lot

1.37 acre commercial land parcel on busy Highway 92.

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University Commons Retail Opportunity
University Commons Retail Opportunity

2421-2517 University Commons Way, Knoxville, TN

$2,500,000
120,000 sqft · 12.93 AC lot

Large retail space available within University Commons shopping center.

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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.

Zoned C-2 Unrestricted Development Land
Zoned C-2 Unrestricted Development Land

Mt. Garrison Way, Gatlinburg, TN 37738

$950,000
15.50 AC lot

Unrestricted land in city limits zoned C-2, with survey on file and access from multiple nearby roads for development planning.

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Sevierville Development Tract For Sale
Sevierville Development Tract For Sale

011.00 & . Old Knoxville Highway, Sevierville, TN 37876

$1,600,000
27.00 AC lot

27-acre commercial land near Sevierville Convention Center and Wilderness Water Park.

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Gatlinburg Land with Development Potential
Gatlinburg Land with Development Potential

Mountain Drive, Gatlinburg, TN 37738

$1,090,000
28.50 AC lot

28.5 acres in Gatlinburg, TN, ideal for development.

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Prime Commercial Land in Sevierville
Prime Commercial Land in Sevierville

____ WINFIELD DUNN PKWY MOUNT RD, Sevierville, TN 37764

$9,999,000
56.08 AC lot

56.08 acres with high traffic, endless possibilities.

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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.

534 Winfield Dunn Pkwy
Neighborhood centers

534 Winfield Dunn Pkwy, Sevierville, TN 37876

Value Estimation by Request
40,188 sqft
View details
3631 Parkway
Neighborhood centers

3631 Parkway, Pigeon Forge, TN 37863

Value Estimation by Request
25,953 sqft
View details
611 Pkwy Parkway
REGIONAL SHOPPING CENTER, MALL

611 Pkwy Parkway, Sevierville, TN 37862-4343

$6,960,000
Estimated value
66,495 sqft
View details

Pigeon Forge, TN Shopping Centers Market Trends and Statistics

Explore 5 shopping centers for sale in Pigeon Forge, TN on our real estate platform. These investment opportunities span a total of 28,600 square feet of properties for sale, with an estimated market value of $2,000,000.

Sale prices for plazas in Pigeon Forge, TN start at $2,000,000, averaging $2,000,000, and reaching up to $2,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 7
Storefront properties 2
Automotive properties 1
Car washes 1
Self service car washes 1

Demographics Overview

Population 61K
Population Growth (5Y) -4.0%
Median Household Income $57,849
College Educated 15.3%

High-Yield Neighborhoods for Investment

Identify Pigeon Forge submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
37863 $1M

Taxes & Financing

Tax Rate (average for all types) 1.59%
Property Tax per SF $26.21 per SF
Tax Rate vs County Average 0.03 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Sevier County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Pigeon Forge fall within the 10,000 to 25,000 square foot range.

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