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Lot 24 25 Conner Heights Rd

Asset Issuer

Lofty AI

Asset Platform

Lofty AI

Asset Name

Lot 24 25 Conner Heights Rd

Asset Class

Real Estate

Asset Type

Commercial Real Estate

Asset Abbreviation

LCHR

Asset Fraction Price

$ 50.10

Asset Fraction Yield

10.2%

Asset Fraction Maturity

N/A

Min. Investment Size

$ 50.10

Asset Fraction Sale End Date

Asset
Valuation

$ 106,350

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Category

Description

The property Lot 24-25 Conner Heights Rd, Pigeon Forge, TN 37863 is a 0.38-acre residential development lot located within the city limits of Pigeon Forge, Tennessee — one of the region’s most sought-after vacation and rental markets. The parcel is zoned R-2, allowing for multi-family residential construction and short-term rental potential (subject to local regulations). Featuring a flat, build-ready topography, approximately 138 feet of road frontage, and full city utilities including water, sewer, and trash services, the lot offers an ideal foundation for development. Architectural plans for a 4-unit townhome project are already included, enhancing its investment readiness. Positioned near the main tourist corridor and key attractions of Pigeon Forge, this property combines accessibility, demand potential, and development flexibility — making it a promising asset for builders and investors seeking to capitalize on the area’s strong rental and tourism economy.

Features

  • Asset Type: Land / Residential Development Site
  • Location: Pigeon Forge, Sevier County, Tennessee, USA
  • Lot Size: 0.38 acres (~16,700 sq ft)
  • Zoning: R-2 (Multi-family residential)
  • Topography: Level, build-ready lot
  • Frontage: ~138 ft on Conner Heights Rd
  • Utilities: City water, sewer, trash available
  • Within City Limits: Yes (Pigeon Forge city limits)
  • Last Sale Price: $85,000 (Nov 2024)
  • Planned Development: 4-unit townhome building (plans included)
  • Investment Appeal: Near tourist corridor / high rental demand area
  • Key Advantage: Flat lot, ready utilities, no HOA restrictions

    • Details

    Asset Platform URL

    https://www.lofty.ai/

    Asset Location

    United States

    Regulatory Jurisdiction

    United States

    Asset Fraction Type

    Security Tokens

    Asset Standard

    N/A

    Blockchain Network

    N/A

    Total Asset Fraction Supply

    $106,350

    Asset Fraction Sale Allocation

    2,127 tokens

    Total Asset Fractions Sold (So Far)

    2,127 tokens

    Max. Investment Size

    Asset Fraction Sale Start Date

    September 4, 2024

    Assesment/Rating Provider

    Assesment/Rating

    Assessment/Rating Proof

    Asset Insurance

    Financial Statements

    Financial Audits

    Asset Valuation

    $ 106,350

    Asset Valuation Documentation

    Asset Ownership Structure

    Company Registration

    License or Regulatory Framework

    Smart Contract

    Smart Contract Audit

    Whitepaper

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