2.1 Acres of Improved Commercial Land for Sale in Townsend, Tennessee

7052 Lamar Alexander Pkwy, Townsend, TN 37882

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$1,900,000
2.13 acres
Active sale$149k dropEst $10,615/mo

The Trailblazer is a short-term rental investment opportunity featuring 16 units in the heart of Townsend, TN. The property is located just 8 minutes from the entrance of the Great Smoky Mountain National Park, the most visited park in the United States, and is near both Pigeon Forge and Gatlinburg which offer a variety of attractions and activities. The recently renovated property is turn-key, showcasing brand-new kitchenettes, fixtures, and furniture ensuring guests a modern and comfortable experience. Outside, the facade and landscaping of the property have been updated and firepit areas and grills have also been added. Alternatively, the property could also be operated as a motel. This option capitalizes on a market with limited competition, presenting an opportunity to increase the NOI.

8,940
Sq feet
1972
Built

Directions

From the Parkway, turn onto Wears Valley Rd. Go for 15 miles. Turn right onto E Lamar Alexander Pkwy (US-321). Go for 3.3 mi. Turn left onto Big Valley Blvd. Arrive at property.

Property details

Coordinates
35.6813, -83.7893
Community
Townsend/Walland
Elevation
1,010 feet
MLS Number
GSMAR 268089
Date Listed

Parcels

  • 095015.01

Property taxes

2022
$3,572

Resources

This 2.13-acre property is located at 7052 Lamar Alexander Pkwy in Townsend, TN 37882 with latitude 35.6813 and longitude -83.7893. The property is currently available for sale for $1,900,000. It has a 8,940 sq ft structure built in 1972. Listing data is sourced from Great Smoky Mountains Association of Realtors # 268089.

Verify sale details at the property source or contact SVN I Wood Properties at (865) 936-9999.

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Copyright (C) 2024 Great Smoky Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Listing checked and updated . Parcel data by Regrid.

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