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731 Hardin Ln - Large Acreage Tract with Two Residential Unit
96.77 Acres of Commercial Land Offered at $6,300,000 in Sevierville, TN 37862
Investment Highlights
- Prime location in tourist-intensive Smoky Mountains region; Close to major transportation routes
- Access to utilities and infrastructure for some tracts
- Serene and picturesque natural surroundings; Opportunity for creating a unique residential community
- Potential for residential development of single family homes, multi-family, and tourist short-term rental homes
- Versatile land suitable for various development options. Favorable zoning regulations
- Ideal for land banking or residential investment
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $6,300,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 96.77 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $6,300,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 96.77 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot Tracts 1-4
| Price | $6,300,000 | Lot Size | 96.77 AC |
| Price Per AC | $65,103 |
| Price | $6,300,000 |
| Price Per AC | $65,103 |
| Lot Size | 96.77 AC |
Level to mountainous land with anticipated panoramic mountain views from the ridge lines. There is a flowing creek and a pond on the property.
Description
This aggregation of four contiguous land tracts offers an exceptional development opportunity. The property is located in Sevier County, Tennessee. Three tracts are within the city limits of Sevierville, the county seat; two are commercially-zoned and have access to utility water and sewer. The remaining large 77.76-acre tract is outside the city limits, is zoned low density residential, and does not currently have sewer access. However, availability of utility sewer to this tract appears feasible upon buyer's annexation and rezoning. The topography varies from level to mountainous, with anticipated panoramic mountain views from the ridge lines. There is a flowing creek and a pond on the property. The property is located adjacent to Saddleback Ridge, a picturesque upscale residential community of permanent residential and tourist short-term rental homes. There are two residential units on the property that are rented long-term through December, 2025. They are currently used for vacation short-term rentals. There is a third dilapidated house that the owners intend to demolish.
zoning
| Zoning Code | R1,R2,C3 |
| R1,R2,C3 |
Presented by
731 Hardin Ln - Large Acreage Tract with Two Residential Unit
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