REAL ESTATE AUCTION – 37.19 Acre Development Tract

REAL ESTATE AUCTION

37.19 Acre Development Tract

Old Knoxville Hwy, Adjacent to Sevierville Convention Center, Sevierville, TN

AUCTION DATE/TIME: Thursday, April 18^th at 12:00pm noon

Auction to be conducted from The Sevierville Convention Center, Meeting Room C

202 Gist Creek Rd, Sevierville, TN 37876

Inspection: Property can be inspected at any time (call for gate code)

• 37.19 Acres
• Mountain and Golf Course Views
• Over 3,000 Feet Frontage on Old Knoxville Hwy.
• Additional Frontage on Pheasant Ridge Rd.
• Municipal Water/Sewer Available
• Located Approx. 1/2 Miles off Hwy 66, Main Tourism Corridor for Sevier County
• Traffic Count of 41,000+ Vehicles Daily on Hwy 66
• Adjacent to Wilderness at the Smokies Park, Sevierville Convention Center & Wyndham Vacation Resorts Great Smokies Lodge
• Directly Across Road from Sevierville Golf Club
• Ideal for Multi Family Development, Hotel or Tourism Development

TN License #62

• Successful bidders will deposit 10% of the purchase price and is due Sale day in the form of cash, cashier’s check, personal or company check plus a real estate sales contract must be signed.
• Balance is due in certified funds at closing.

• Tract B 37.19 Acres Sevierville Broker Participation Form

• TCL - Tourist Commercial District (City of Sevierville)

• Aerial Image
• Boundary Survey with Topo
• Boundary Survey
• Example Concept Plan
• Flood Map
• Geotech Report.Tract B.2018-02-14.GeoServices
• Sample Special Warranty Deed
• TCL Zoning Ordinance (City of Sevierville)
• Title Commitment Exception Documents
• Title Commitment
• Topo Map
• Utility Map with Aerial
• Utility Map without Aerial
• Zoning Map

• Electric: Sevier County Electric
• Water: City of Sevierville
• Sewer: City of Sevierville
• Gas: N/A

• Sevier County Real Estate Taxes:          $9,547.38
• City of Sevierville Real Estate Taxes:     $2,551.10

• Any back/delinquent taxes will be paid by seller
• Buyer is responsible for pro-rata share of current year taxes at closing

• From intersection of Interstate 40 & Winfield Dunn Parkway (TN-66), take Winfield Dunn Parkway towards Sevierville and travel approx. 4.4 miles. Turn right onto Boyds Creek Hwy and travel approx. 1.34 miles. Turn left onto Old Knoxville Hwy and travel approx. 1.56 miles to property on right.