Parkway Development Site

100 John L. Marshall Drive Sevierville, TN 37862

100 John L. Marshall Drive, Sevierville, TN, 37862
Parkway Lot
100 John L. Marshall Drive, Sevierville, TN, 37862 100 John L. Marshall Drive, Sevierville, TN, 37862 100 John L. Marshall Drive, Sevierville, TN, 37862 100 John L. Marshall Drive, Sevierville, TN, 37862 100 John L. Marshall Drive, Sevierville, TN, 37862 100 John L. Marshall Drive, Sevierville, TN, 37862 100 John L. Marshall Drive, Sevierville, TN, 37862 100 John L. Marshall Drive, Sevierville, TN, 37862 100 John L. Marshall Drive, Sevierville, TN, 37862 100 John L. Marshall Drive, Sevierville, TN, 37862 100 John L. Marshall Drive, Sevierville, TN, 37862 100 John L. Marshall Drive, Sevierville, TN, 37862 100 John L. Marshall Drive, Sevierville, TN, 37862
FOR SALE
Property Type:
Other Land
Amount:
$525,000
Last Verified:
Sep 21, 2022

Highlights

  • Highly visible 0.88-acre tract on US 441-Parkway;
  • Located on the primary traffic artery for tourists;
  • Level to sloping, all city utilities available

Description

NAI Koella | RM Moore, Inc. is pleased to exclusively offer for sale this highly visible commercial redevelopment tract located at the intersection of Parkway (US 441) and John L Marshall Drive within the city limits of Sevierville, Tennessee. The tract is elevated from the highway and is generally level on top. It features 180 highway front feet. City utilities are available.

The site seems well-suited for development of a free-standing retail building. See the Retail Concept Plan that was completed in June 2020. It depicts a 7,500 square foot building.

Sevierville is the county seat for Sevier County, a tourism-intensive area that attracts 15 million annual visitors. The other cities in Sevier County are Gatlinburg and Pigeon Forge. Area attractions include the Great Smoky Mountains National Park, Dollywood Theme Park, Dolly's Splash Country Water Park, WonderWorks, The Titanic Museum, Ober Gatlinburg Ski Resort, Ripley's Aquarium of the Smokies, and numerous restaurants, outlet malls, dinner/music theaters, and hiking trails.

Lot Size: 0.88 acres


Documents

Offering Memorandum
Retail Concept Plan

Map of 100 John L. Marshall Drive, Sevierville, TN, 37862

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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.