Property Listing No Longer Available for Sale

Plaza Drive, Pigeon Forge, TN

Land for Sale - $495,000 - 49299.44 acres


Property Info

CIMLS#456294
Location
  Plaza Drive
  Pigeon Forge TN 37863
UpdatedOctober 26th, 2012
TypeLand
Price$495,000
Land49299.44 acres

Property Description

The property consists of 10.13 acres of undeveloped land that was part of the Mountain Meadows condominium project. Located on Plaza Drive off of the Parkway near WonderWorks, Hollywood Wax Museum, Several Theaters, Retail, Recreation, and Restaurants.

Cal Ripkin Experience (Pigeon Forge) a 100 acre site on Teaster Lane.

LeConte Village (Pigeon Forge) a 26-acre tourist attraction that was a victim of the recession, the budgeted $114 million project went bankrupt and was sold by creditors to a new development group at a discount in late 2011. New ownership is making revised plans for future development.

LeConte Center (Pigeon Forge) 232,000 square foot Convention and Events Facility under construction less than .25 miles south of Pigeon River Crossings on Teaster Lane and is scheduled to be complete October 2013.

Location Description:

The property is located in the heart of the City of Pigeon Forge along Highway 441 (the Parkway) within an area dominated by commercial lodging, restaurants and tourist related entertainment and recreational venues. Located in the foothills of the Great Smoky Mountains National Park.

Highlights:

>> Bank Owned Development Land in Pigeon Forge

>> Prime for High-Density Residential or Hospitality

>> 2011 - $830 million Tourism Revenue in the City of Pigeon Forge.

>> Located near Pigeon Forge Theather District

>> Less than 1 mile from Tanger Outlet Mall

>> Traffic Count 44,854 A.D.T.


Financials

Sales Info:

>> Commision split: 5.0%