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 available for sale in Tellico Plains
  • Total site area encompasses 1.94 acres of land
  • Located directly along the established Cherohala Skyway corridor
  • Positioned thirty-five miles from the Knoxville TYS Airport
  • The property is priced at four hundred thousand dollars
  • Accessible commute times to Chattanooga and Atlanta markets

What's Special

This commercial land is currently available for sale and presents a functional option for investors or developers seeking to establish a foothold in Tellico Plains, Tennessee. Spanning 1.94 acres along the Cherohala Skyway, the property is positioned to serve regional visitors and residents navigating this scenic mountain corridor. The site is situated within reach of major regional hubs, sitting 35 miles from Knoxville TYS Airport, 1.5 hours from Chattanooga, and 2.5 hours from Atlanta. The surrounding area remains a growing market, benefiting from its proximity to established interstate networks and regional transit paths. Development on this parcel could accommodate a variety of commercial business types catering to tourists and local traffic. Given the location on the Cherohala Skyway, the site offers visibility for operations ranging from hospitality ventures to service-oriented retail. Prospective buyers should note the strategic positioning between several metropolitan centers in the state, making it a viable acquisition for those looking to expand into Eastern Tennessee.

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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

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