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Teaster Lane, Pigeon Forge, 37863
Priced At: $40,000,000
Property Details for ID: 1265126
MLS Status: Active
Property Type: Land
On Market Date: 2024-06-04T18:47:53Z
Public Remarks: 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.
Schools Information
Elementary School: ********Middle / Junior School: ********
High School: ********
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Property borders the new Jake Thomas Road and Teaster Lane which runs over to Veterans Blvd.
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