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226 Cherohala Skyway - 226 Cherohala Skyway 5.35 Acres of Commercial Land Offered at $2,000,000 in Tellico Plains, TN 37385



INVESTMENT HIGHLIGHTS
- Level
- Utilities Available
- High Traffic Count
EXECUTIVE SUMMARY
LOCATED IN THE MIDDLE OF OF EAST TENNESSEE'S TOURISM BOOM Tellico Plains - a remarkable mountain town experiencing a remarkable renewal as Tennessee's newest must-visit destination. Tellico Plains has an estimated $31.7 billion in tourism revenue flowing into Tennessee's economy, this strategic location places you at the gateway to some of the nation's most sought-after outdoor recreation worls class trout fishing and scenic driving experiences. The Cherohala Skyway is a 43-mile National Scenic Byway connecting Tellico Plains, TN to Robbinsville, NC. Featured as one of the Discovery Channel's Top 10 Motorcycle Rides in North America. As for Real Estate ...Tellico Plains has experienced some of the highest home appreciation rates in the nation over the last 10 years, with real estate appreciating 145.57% - an average annual appreciation rate of 9.40%, placing Tellico Plains in the top 10% nationally for real estate appreciation. The area has experienced explosive growth inall areas, (fishing, refting, hiking, dining) transforming from an old lumber town into a sophisticated mountain resort community while maintaining its authentic charm. ADVENTURE SEEKERS & EXPERIENCE-DRIVEN TRAVELERS Motorcycle enthusiasts (estimated 2+ million annually travel through the region for the Dragon and Skyway) Outdoor recreation enthusiasts, Second-home buyers seeking mountain escapes, Eco-tourism and luxury travelers, Baby boomers and retirees relocating. Tellico Plains has emerged as a culinary hotspot Tellicafe - Monroe County's premiere restaurant, helmed by a Certified Executive Chef from the Culinary Institute of America. Tellico Grains Bakery - destination bakery offering fresh-baked breads, brick-fired pizza, and artisan pastries. Peach Street Grill - locally sourced menu rivaling big city restaurants. La Loteria - authentic Mexican cuisine that visitors rave about. The downtown district is evolving beyond typical small-town offerings to feature: Abstract - a thoughtfully curated art and design shop offering quality furniture, bedding, accessories, and gift items, with personal design consultation services. Tellico Outfitters - premier fly-fishing outfitters with guided mountain trips. Tellico Arts Center - featuring over 80 local artists. Scott Street Gallery - local and regional fine art. Wren Rock Mercantile - curated antiques and artisan goods. Tellico Goods and Gear WORLD-CLASS ATTRACTIONS WITHIN 50 MILES The Lost Sea (35 miles): America's largest underground lake attracting about 2,000 visitors daily. Bald River Falls: A breathtaking 90-foot waterfall with newly completed bridge and pedestrian overlook. Cherokee National Forest, and Great Smoky Mountains National Park. Strategic Location: • 1 hour from Knoxville TYS Airport - 35 miles • 1.5 hrs from Chattanooga • 2.5 hrs from Atlanta
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $2,000,000 | Lot Size | 5.35 AC |
| Price Per AC | $373,831.78 |
| Price | $2,000,000 |
| Price Per AC | $373,831.78 |
| Lot Size | 5.35 AC |
READY TO BUILD acreage in Tellico Plains at the corner of Veterans Memorial and Cherohala Skyway! 5.35 Acre Tract Retail Outparcel for Sale. Purchase all or a part to suit your needs. LEVEL and cleared lot in commercial corridor. No clearing costs.
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226 Cherohala Skyway - 226 Cherohala Skyway
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