$5,900,000

700 Markhill Drive, Sevierville, TN 37862, US

Summary

Style: Multi Family
Year Built: 1984

Moving Quotes

primary photo for 700 Markhill Drive, Sevierville, TN 37862, US

Remarks

Finding 14 acres - fee simple - with more than 1,600' of river frontage minutes from I-40, downtown Sevierville, Dollywood / Splash Country, Pigeon Forge and all the other Sevier County area attractions is almost unthinkable - until now. This amazing property for sale - 14 acres - is located in an incredible location just 200' off the Parkway in Sevierville. The property is the current home of Mountain Brook Village Senior Independent Living facility - a campus featuring 25 single-story, wood-frame structures totaling 109,061 sf. The facility offers 145 units located in 24 different structures, one of which is a 26,277 sf main building that includes a commercial grade kitchen, dining room an activity room as well as 1,600 sf storage building. There are nine living structures containing 2,960 sf and 14 containing 3,896 sf. The development includes concrete sidewalks, patios and pads, fencing, exterior lighting, signage and professional landscaping. The property lends itself to a host of redevelopment opportunities. Uses permitted in the HDR zoning district allow for multi-family, single family, two family, nursing home, mobile home park, short-term rental as well as some government, professional and educational uses.

Details

MLS#: 701465
Price: $5,900,000

Style: Multi Family
Year Built: 1984

County: Sevier
Tax Fee: 42203.00

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Broker Contact

Furrow Strickland Real Estate Services
10319 Cogdill Road
Knoxville, TN, 37932
US
! (865) 521-7500
! rob@furrow.com

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Lakeway Area Association of Realtors
Last updated: 2024-04-30T14:04:57.000-04:00.
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