Gatlinburg vacant lot for sale, build a vacation home or Motel

[Kevin Koffman]

Vacant Motel lot is up for sale. $500k. Walking distance to Gatlinburg‘s downtown area and trolley goes right by the driveway to bring you, or your vacationing guests, home. In the heart of the great Smoky Mountains. Level lot for building your dream home or a motel, zoned C-2, general business district. Appraised in Jan 2021 for $520,000. Realtor.com has estimate of $563K.

Does this sound like a fair price to move it quickly or would you ask for appraised value?

604 Cherokee Orchard Rd. Gatlinburg TN.
On Zillow.