700 Markhill Dr, Sevierville, TN 37862

109,061 SF Health Care Building Offered at $5,900,000 in Sevierville, TN 37862

Asking Price $5,900,000

Property Type
Health Care
Square Feet
109,061 SF

Listing Contacts

Rob Strickland
Rob Strickland
Wes Cate
  • Property Info

Property Overview

Finding 14 acres - fee simple - with more than 1,600’ of river frontage minutes from I-40, downtown Sevierville, Dollywood / Splash Country, Pigeon Forge and all the other Sevier County area attractions is almost unthinkable – until now.
This amazing property for sale – 14 acres – is located in an incredible location just 200’ off the Parkway in Sevierville. The property is the current home of Mountain Brook Village Senior Independent Living facility – a campus featuring 25 single-story, wood-frame structures totaling 109,061 sf. The facility offers 145 units located in 24 different structures, one of which is a 26,277 sf main building that includes a commercial grade kitchen, dining room an activity room as well as 1,600 sf storage building. There are nine living structures containing 2,960 sf and 14 containing 3,896 sf. The development includes concrete sidewalks, patios and pads, fencing, exterior lighting, signage and professional landscaping.
The property lends itself to a host of redevelopment opportunities. Uses permitted in the HDR zoning district allow for multi-family, single family, two family, nursing home, mobile home park, short-term rental as well as some government, professional and educational uses.

Property Details

Class
C
Year Built
1984
Stories
1
Property Subtype
Assisted Living
Lot Size (sq. ft)
608,969 SF
Units
149

Highlights

  • Prime location just minutes from I-40 promoting high visibility.
  • Situated near 1600' ft of river frontage.
  • Building sits on 14 acres of land ready for development.

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