Lot 4 Cherohala Skwy

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Lot 4 Cherohala Skwy

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).

  • The 0.98-acre commercial land parcel is listed for 400000 dollars.
  • Located directly on the Cherohala Skyway in Tellico Plains, Tennessee.
  • Property is situated 35 miles from Knoxville McGhee Tyson Airport.
  • The site offers travel times to Chattanooga within 1.5 hours.
  • Atlanta is reachable within a 2.5-hour drive from the location.
  • Suitable for commercial ventures targeting local and regional tourist populations.

What's Special

This 0.98-acre commercial land parcel sits along Cherohala Skyway in Tellico Plains, Tennessee. Positioned within a scenic region known for its outdoor tourism and mountain access, the site serves as a gateway to the Cherokee National Forest. The property benefits from its proximity to major regional hubs, including Knoxville, Chattanooga, and Atlanta, which facilitates access for both local residents and regional travelers. Given the site location, it is well-suited for businesses looking to capture tourism traffic, hospitality development, or service-oriented retail operations that support the surrounding recreational economy. The infrastructure surrounding the Tellico Plains area supports steady visitation, providing a foundational environment for commercial investment and development efforts. Investors and business operators will find the location practical for projects requiring high visibility in a mountainous landscape. The accessibility to the Knoxville McGhee Tyson Airport further enhances the connectivity of this site for national reach. This development parcel provides a platform for commercial expansion in an area characterized by steady growth and significant transit connectivity.

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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