Old Knoxville Highway - Development Land With River Frontage
27 Acres of Residential Land Offered at $1,600,000 in Sevierville, TN 37862
INVESTMENT HIGHLIGHTS
- Approximately 27-acre Development Tract, Zoned C-5, C-4, & C-3
- Access from Old Knoxville Highway; mostly wooded with sloping topography
- Possible long-range mountain views
- Utility water is available; Utility sewer is nearby
- Frontage on West Prong of the Little Pigeon River (river frontage is in the FEMA floodway)
- Owner will consider partial owner financing
FINANCIAL SUMMARY (ACTUAL - 2022) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
$1,475
|
$54.63
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$1,475
|
$54.63
|
PROPERTY FACTS
| Price | $1,600,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 27.00 AC |
1 LOT AVAILABLE
Lot
| Price | $1,600,000 |
| Price Per AC | $59,259.26 |
| Lot Size | 27.00 AC |
Approximately 27 wooded acres near the Wilderness Resort. Sloping topography. Possible long-range mountain views. Originally a 45.3-acre tract but a 16.3-acre parcel was surveyed off and sold, leaving the current approximately 27 acres for sale.
DESCRIPTION
Two contiguous development tracts in Sevierville, TN, located close to the Sevierville Convention Center, Wilderness at the Smokies Water Park Resort, Sevierville Golf Course, and other developments. The property is zoned C-5, C-3 and C-4, with frontage on the West Prong of the Little Pigeon River (river frontage is in the FEMA floodway). Utility water is available. Utility sewer is nearby at the intersection of Old Knoxville Highway & Gists Creek Road. Access from Old Knoxville Highway. Possible long-range mountain views. Owner will consider partial owner-financing.
PROPERTY TAXES
| Parcel Number | 038-011.03 | Total Assessment | $77,450 (2024) |
| Land Assessment | $77,450 (2024) | Annual Taxes | $1,475 |
| Improvements Assessment | $0 (2024) | Tax Year | 2022 |
ZONING
| Zoning Code | C-5 |
