9
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$350,000
Est. payment /mo
7,840 Sqft Lot
New
519 Cherokee Orchard Rd Gatlinburg, TN 37738
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Ogle Addn
MLS Listing ID 1339267
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 151x41x165
Source East Tennessee REALTORS® MLS
Property Description
RARE INVESTMENT OPPORTUNITY IN DOWNTOWN GATLINBURG! Secure one of the last available building lots with prestigious C-2 (General Business) zoning. This versatile parcel offers the ultimate flexibility for developers: build a high-performance Short-Term Rental (STR), boutique lodging, or a flagship commercial venture in the heart of a premier tourist destination.
Unlike most residential zones in the city, C-2 zoning legally supports Tourist Residencies by right, allowing for lucrative nightly rental income. The property is 'shovel-ready' with all city utilities available at the site--including city water, sewer, and natural gas--drastically reducing your development timeline and costs.Positioned for maximum visibility and occupancy, this lot is just minutes from the Parkway's world-class attractions, restaurants, and the Great Smoky Mountains National Park entrance. Whether your vision is a multi-unit rental complex, a luxury mountain cabin, or a mixed-use retail space, this lot provides the foundation for success in a high-demand, 12+ million visitor-per-year market. Lots of this caliber are almost impossible to find--don't miss your chance to own a piece of Gatlinburg!.
Unlike most residential zones in the city, C-2 zoning legally supports Tourist Residencies by right, allowing for lucrative nightly rental income. The property is 'shovel-ready' with all city utilities available at the site--including city water, sewer, and natural gas--drastically reducing your development timeline and costs.Positioned for maximum visibility and occupancy, this lot is just minutes from the Parkway's world-class attractions, restaurants, and the Great Smoky Mountains National Park entrance. Whether your vision is a multi-unit rental complex, a luxury mountain cabin, or a mixed-use retail space, this lot provides the foundation for success in a high-demand, 12+ million visitor-per-year market. Lots of this caliber are almost impossible to find--don't miss your chance to own a piece of Gatlinburg!.
Location
State TN
County Sevier County - 27
Area 0.18
Zoning Zoned Commercial
Exterior
Utilities Available Cable TV
Topography [object Array]
Improvements Utilities on Site
Road Frontage , City, State
Garage No
Building
Lot Description Wooded, Irregular Lot
Faces From Gatlinburg, Turn left onto Cherokee Orchard Rd Destination will be on the left 2 min (0.5 mi) 519 Cherokee Orchard Rd
Others
Restrictions Yes
Tax ID 126N K 03100 000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by MG Rise Real Estate Group
NEARBY SCHOOL & BUSINESS
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