Cherohala Skyway

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Cherohala Skyway

Tellico Plains, TN 37385
Asking Price
$400K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel totaling 0.81 acres available for purchase.
  • Strategic location along the scenic Cherohala Skyway in Tennessee.
  • Offered for sale at an asking price of $400,000.
  • Property sits within the growing town of Tellico Plains.
  • Positioned in an area known for high recreational tourism traffic.

What's Special

This commercial land parcel spans 0.81 acres along the Cherohala Skyway in Tellico Plains, Tennessee. Positioned in a region celebrated for its scenic natural beauty and outdoor tourism, the property benefits from proximity to key regional transit routes connecting travelers to the mountains. The site provides a strategic footprint for developers or investors looking to establish a commercial presence in a market that attracts significant seasonal and recreational traffic. Given its location along a well-known thoroughfare, potential use cases include hospitality ventures, retail storefronts, or service-oriented businesses catering to regional visitors and local residents. The surrounding landscape is characterized by its rural appeal and growing recognition as a gateway to mountain recreational areas within the southeastern United States. This investment represents an entry point into a scenic submarket experiencing steady interest from those seeking access to established tourism infrastructure. The flat, accessible nature of the site supports various architectural layouts for those planning a new commercial development project in this developing gateway community.

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NOI
$80,000
Cap Rate
20.00%
DSCR
3.37
Strong
Cash-on-Cash
46.88%
Monthly Payment
$1,978.982
Annual Cash Flow
$56,252.219

Location & Travel Times