+/- 7.32 Acre Highway Frontage

930 Winfield Dunn Parkway Sevierville, TN 37876

930 Winfield Dunn Parkway, Sevierville, TN, 37876
930 Winfield Dunn Parkway, Sevierville, TN, 37876 930 Winfield Dunn Parkway, Sevierville, TN, 37876 930 Winfield Dunn Parkway, Sevierville, TN, 37876 930 Winfield Dunn Parkway, Sevierville, TN, 37876 930 Winfield Dunn Parkway, Sevierville, TN, 37876 930 Winfield Dunn Parkway, Sevierville, TN, 37876
FOR SALE
Property Type:
Commercial Land Development
Amount:
$7,320,000
Cap Rate:
0.00%
Last Verified:
Jul 25, 2023
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Property comprised of (3) Parcels totaling +/- 7.35 Acres. Priced at $750K per acre.

Over 875 Feet of Highway Frontage (2017 ADT 50,561), +/- 500 Feet of River Frontage on the Little Pigeon River. This property is located on the "In-Bound" Side of Winfield Dunn Parkway/ Hwy 66 between the Sevierville Convention Center, Wilderness at the Smokies, Sevierville Golf Course and the Retail Area in Sevierville.

Located less than 1/2 Mile from the New $90 Million Soaky Mountain Water Park Development located on Gists Creek Road scheduled to open 2020.

There is a NEW (173) Unit Multi-Family Community on the Adjacent Parcel Leasing now. Zoned Arterial Commercial (C-4) with the City of Sevierville.


Map of 930 Winfield Dunn Parkway, Sevierville, TN, 37876

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.