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7062 E Lamar Alexander Pkwy, Townsend, 37882
Priced At: $599,000
Property Details for ID: 1345644
MLS Status: Active
Property Type: Land
On Market Date: 2026-06-23T16:39:17Z
Public Remarks: Prime Commercial Development Opportunity Gateway to the Great Smoky Mountains Positioned along one of East Tennessee's most traveled tourism corridors, 7062 E. Lamar Alexander Parkway offers an exceptional opportunity for investors, developers, and business owners seeking a premier commercial location in the heart of Townsend, Tennessee--known as the 'Peaceful Side of the Smokies.' This highly visible property consists of approximately 7.27 acres and is strategically located at the corner of Lamar Alexander Parkway (US Highway 321) and Canyon Road. The site features approximately 553 feet of frontage on Highway 321 and an additional 501 feet of frontage on Canyon Road, providing outstanding accessibility and exposure. Level to gently rolling topography Zoned B-1 Tourist Business District High traffic location serving Townsend, Wears Valley, Pigeon Forge, and the Great Smoky Mountains National Park corridor. Permitted Uses The B-1 Tourist Business District zoning allows for a variety of commercial and hospitality uses, including: Retail Stores & Shops Professional Offices Restaurants & Brew Pubs Bed & Breakfast Operations Hotels & Motels Personal Service Businesses Business Support Services Tourism-Related Ventures Investment Potential Townsend continues to experience strong tourism growth as visitors seek an alternative to the congestion of neighboring tourist destinations. This property's location along the primary entrance corridor to the Great Smoky Mountains National Park makes it ideal for hospitality, retail, restaurant, mixed-use development, or tourism-focused commercial projects. Whether you're planning a boutique hotel, retail center, restaurant destination, or mixed-use development, this property provides the location, visibility, and zoning flexibility necessary to capitalize on one of East Tennessee's fastest-growing tourism markets. Location Advantages Minutes from the Great Smoky Mountains National Park Convenient access to Pigeon Forge, Gatlinburg, Maryville, and Knoxville Located in the heart of Townsend's tourism district Surrounded by resorts, campgrounds, lodging facilities, and outdoor recreation destinations
Schools Information
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High School: ********
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Take Hwy East Lamar Alexander Parkway into Townsend TN, Property is on the right, SOP
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
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