Prime Commercial Development OpportunityGateway to the Great Smoky MountainsPositioned 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 topographyZoned B-1 Tourist Business DistrictHigh traffic location serving Townsend, Wears Valley, Pigeon Forge, and the Great Smoky Mountains National Park corridor.Permitted UsesThe B-1 Tourist Business District zoning allows for a variety of commercial and hospitality uses, including:Retail Stores & ShopsProfessional OfficesRestaurants & Brew PubsBed & Breakfast OperationsHotels & MotelsPersonal Service BusinessesBusiness Support ServicesTourism-Related VenturesInvestment PotentialTownsend 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 AdvantagesMinutes from the Great Smoky Mountains National ParkConvenient access to Pigeon Forge, Gatlinburg, Maryville, and KnoxvilleLocated in the heart of Townsend's tourism districtSurrounded by resorts, campgrounds, lodging facilities, and outdoor recreation destinations
Listed By
Agency Name: Realty Executives Associates
Shown By
Agency Title: Franklin Realty Inc.
Agency Phone: 865-484-0660
Estimated Payment
$ 3,847.21 per month $3,672.50 Principal & Interest $0.00 Property Tax (data not provided by mls) $174.71 Homeowner's Insurance
7062 E Lamar Alexander Pkwy | MLS# 1345644
This land located at 7062 E Lamar Alexander Pkwy, Townsend, TN 37882 is currently listed for sale with an asking price of $599,000. The property has approximately 7.37 Acres. Search Townsend real estate on www.franklinrealty.com today.