Active

Teaster Lane

Pigeon Forge TN, 37863

$40,000,000


$11.85 per sqft

Active

77.52 Acres

Land

This 77.52(+-) acre land development tract is strategically located in the heart of Pigeon Forge, at the corner of Teaster Lane and the new extension of Jake Thomas Blvd. It has over 3,100 front feet of road frontage on a robust tourist-related development corridor, directly across the street from The Cal Ripkin Baseball Experience Facility and The LeConte Convention Center. The property is just around the corner from main strip on Pigeon Forge and Dollywood, the Most Visited Attraction in the State of Tennessee, Dolly's Splash Country and Dream More Resort. The new Jake Thomas Road extension from downtown Pigeon Forge to Veterans Blvd will be the new growth hub for many years to come. City of Pigeon Forge peaked at $2.265 Billion in revenues in 2023. The city has 1,350 new hotel rooms coming online in 2024. While the city is celebrating the growth in tourism, they're also looking at ways to continue the growth, and this property is PRIMO for that growth. This site does have it all, and it checks all the boxes for a primer multifamily/entertainment/resort development site.

1265126

MLS ID

June 4, 2024

Listed

October 1, 2024

Updated

Map

Teaster Lane
Pigeon Forge TN, 37863

Exterior/Building Features

Lot Size

77.52 Acres


Lot Features

Rolling, Wooded, Irregular Lot, Rolling Slope, Other

Other Property Details

Area Name

Sevier County - 27


Garage

No


View

Yes


View Description

Mountain View


County

Sevier County - 27


Pool

No

 

Courtesy of Billy Houston Group, Realty Executives, Billy Houston

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Morrell Property Collective shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 7:17 PM UTC, 10/1/2024

 

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