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 spans 0.91 acres in Tellico Plains.
  • Property is listed for sale at an asking price of $400,000.
  • Site enjoys high visibility along the scenic Cherohala Skyway corridor.
  • Optimal location for businesses serving regional tourism and outdoor enthusiasts.
  • Acquisition cost equates to approximately $439,560 per acre.

What's Special

Development of this 0.91-acre commercial land parcel along the Cherohala Skyway provides a strategic entry point into the Tellico Plains market. The site serves as a gateway to regional tourism and outdoor recreation, benefiting from the high volume of traffic traversing this scenic mountain route. Given the tourist-heavy nature of the submarket, the property is well-suited for businesses catering to travelers, such as boutique retail, hospitality ventures, or visitor-focused services. Investors and business owners looking for a foothold in East Tennessee will find the location advantageous for capturing seasonal demand. The surrounding region remains a draw for those seeking access to the Cherokee National Forest, supporting a steady flow of visitors throughout the year. This asset presents a functional layout for ground-up construction tailored to the specific needs of commercial operations in this unique corridor.

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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