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    For Sale (43)

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    Residential Lot in Hidden Lake
    $89,000
    0.40 Acres

    Residential Lot in Hidden Lake

    Residential lot in Wears Valley ready to build on.

    3143 Sourwood Way, Sevierville, TN 37862
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    Midway, TN Land Opportunity
    $30,000
    3.35 Acres

    Midway, TN Land Opportunity

    3.35 acres of lightly restricted land ready for your vision.

    3.35 Oakwood Rd, Midway, TN 37809
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    Buildable Lot with Mountain View
    $299,000
    0.40 Acres

    Buildable Lot with Mountain View

    Cleared corner lot with upgraded septic and utility water.

    909 N Woodland Dr, Gatlinburg, TN 37738
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    Midway, TN Land Opportunity
    $45,000
    3.35 Acres

    Midway, TN Land Opportunity

    3.35 acres of lightly restricted land ready for your vision.

    3.35 Oakwood Rd, Midway, TN 37809
    View details
    Land with Smoky Mountain Views
    $230,000
    0.69 Acres

    Land with Smoky Mountain Views

    0.69-acre lot with views and existing septic system.

    414 Red Hawk Way, Gatlinburg, TN 37738
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    Gatlinburg Land with Mountain Views
    $329,000
    0.32 Acres

    Gatlinburg Land with Mountain Views

    Residential land ideal for a cabin with mountain views.

    335 W Pinnacle Dr, Gatlinburg, TN 37738
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    285 Acres in Smoky Mountains
    $975,000
    285.06 Acres

    285 Acres in Smoky Mountains

    285-acre tract in gated community with mountain views.

    Tract B Mtn Ash Way, Sevierville, TN 37876
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    Sevierville Land with Owner Financing
    $179,000
    5.88 Acres

    Sevierville Land with Owner Financing

    5.8-acre lot in desirable location, owner financing possible.

    Kellum Creek Rd, Sevierville, TN 37876
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    Residential Land with Mountain Views
    $145,000
    2.96 Acres

    Residential Land with Mountain Views

    2.96 acre homesite in Kodak, TN with mountain views.

    Kenneth Overlook, Kodak, TN 37764
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    Baneberry, TN Homesite Opportunity
    Contact for pricing
    1.00 Acre

    Baneberry, TN Homesite Opportunity

    Scenic homesite in Baneberry, near Douglas Lake and golf course.

    Sunny Ct, Baneberry, TN 37890
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    Cosby, TN Land Parcel
    $45,000
    0.67 Acres

    Cosby, TN Land Parcel

    0.67-acre lot in Cosby, Tennessee, ideal for building.

    Dark Hollow Rd, Cosby, TN 37722
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    Land with Panoramic Mountain Views
    $299,500
    0.37 Acres

    Land with Panoramic Mountain Views

    Flat lot with easy build and phenomenal panoramic views.

    730 Wiley Oakley Dr, Gatlinburg, TN 37738
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    Mountain-View Homesite in Kodak, TN
    $175,000
    3.20 Acres

    Mountain-View Homesite in Kodak, TN

    3.2 acre homesite with mountain views and utilities.

    Kenneth Overlook, Kodak, TN 37764
    View details
    Sevierville Land with Mountain Views
    $1,025,000
    30.43 Acres

    Sevierville Land with Mountain Views

    30+ acre parcel with infrastructure in gated mountain community.

    Tract A Mtn Ash Way, Sevierville, TN 37876
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    Sevierville Land with Mountain Views
    $203,000
    1.05 Acres

    Sevierville Land with Mountain Views

    1.05-acre lot with privacy, views, and existing utilities.

    361 Oakwood Dr, Sevierville, TN 37876
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    Gatlinburg Land with Mountain Views
    $63,000
    1.28 Acres

    Gatlinburg Land with Mountain Views

    1.28-acre lot with mountain views and community amenities.

    Thissa Way, Gatlinburg, TN 37738
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    Sevierville Land with Mountain Views
    $219,000
    4.80 Acres

    Sevierville Land with Mountain Views

    Private 4.8-acre lot with ridge-top homesite and mountain views.

    Kellum Creek Rd, Sevierville, TN 37876
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    Sevierville Land with Lake Access
    $87,500
    0.64 Acres

    Sevierville Land with Lake Access

    0.64 acre lot with lake access and utilities.

    785 Timberlake Cir, Sevierville, TN 37876
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    Cosby, TN Land For Sale
    $59,900
    1.87 Acres

    Cosby, TN Land For Sale

    1.87 acre lot with utilities, convenient to Cosby and Gatlinburg.

    4120 Highland Rd, Cosby, TN 37722
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    Mountain-View Homesite in Kodak, TN
    $175,000
    3.20 Acres

    Mountain-View Homesite in Kodak, TN

    3.2 acre homesite with mountain views and utilities.

    Kenneth Overlook, Kodak, TN 37764
    View details
    Contemporary Townhome Near Dollywood
    $599,900
    1,143 SF

    Contemporary Townhome Near Dollywood

    New 2-bedroom, 2-bath townhome in Pigeon Forge, Tennessee.

    2385 Forge Hideaway Loop, Pigeon Forge, TN 37863
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    Contemporary Townhome Near Dollywood
    $599,900
    1,143 SF

    Contemporary Townhome Near Dollywood

    New 2-bedroom townhome near Pigeon Forge attractions.

    2385 Forge Hideaway Loop, Pigeon Forge, TN 37863
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    New Townhomes in Pigeon Forge
    $1,179,900
    2,286 SF

    New Townhomes in Pigeon Forge

    Two newly built townhomes in the heart of Pigeon Forge.

    2385 Forge Hideaway Loop, Pigeon Forge, TN 37863
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    21 Acres of Versatile Land
    $344,000
    21.50 Acres

    21 Acres of Versatile Land

    21-acre tract with open land, mature forest, and creek.

    Mcamis Holw Rd, Newport, TN 37821
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    Sevierville Land with Mountain Views
    $899,000
    29.00 Acres

    Sevierville Land with Mountain Views

    29-acre mountain property near Gatlinburg and Pigeon Forge.

    443 Huskey Grove Rd, Sevierville, TN 37876
    View details
    Smoky Mountain Duplex Hideaway
    $570,000
    2,644 SF

    Smoky Mountain Duplex Hideaway

    Two-unit property near Gatlinburg, Pigeon Forge, and Great Smoky Mountains.

    4238 A & B, Sevierville, TN 37876
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    Gatlinburg Land Investment Opportunity
    $974,000
    15.50 Acres

    Gatlinburg Land Investment Opportunity

    15.5 acres in city limits, unrestricted, zoned C-2.

    Mt. Garrison Way, Gatlinburg, TN 37738
    View details
    Residential Land with Mountain View
    Contact for pricing
    0.86 Acres

    Residential Land with Mountain View

    0.86 acre lot suitable for a basement home.

    3278 Hillside Pl, White Pine, TN 37890
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    Smoky Mountain View Buildable Lot
    $160,000
    0.52 Acres

    Smoky Mountain View Buildable Lot

    Residential lot with mountain views, convenient to attractions.

    1986 Fox View Ln, Sevierville, TN 37876
    View details
    Residential Homesite with Mountain Views
    $149,000
    0.38 Acres

    Residential Homesite with Mountain Views

    Cleared homesite with views, utilities, and septic permit.

    Vixen Run, Gatlinburg, TN 37738
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    Gatlinburg Land with Mountain Views
    $63,000
    1.28 Acres

    Gatlinburg Land with Mountain Views

    1.28-acre lot with mountain views and community amenities.

    Thissa Way, Gatlinburg, TN 37738
    View details
    Sevierville Land with Mountain Views
    $200,000
    0.81 Acres

    Sevierville Land with Mountain Views

    Homesite near Pigeon Forge, Townsend, and Smoky Mountains National Park.

    3246 Samuel Wear Dr, Sevierville, TN 37862
    View details
    2.95 Acres Wooded Residential Land
    $79,000
    2.95 Acres

    2.95 Acres Wooded Residential Land

    2.95-acre wooded lot for residential development in Dandridge, TN.

    Pilgrim Rd, Dandridge, TN 37725
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    Land in Gated Lake Community
    $60,000
    3.53 Acres

    Land in Gated Lake Community

    3.53-acre lot with lake access and community amenities.

    1530 Waterside Cv Dr, Dandridge, TN 37725
    View details
    Land with Mountain Views
    $145,000
    6.83 Acres

    Land with Mountain Views

    6.83 acres of land with mountain views in Cosby, TN.

    992 Bogard Creek Rd, Cosby, TN 37722
    View details
    Gatlinburg Land with Creek Frontage
    $364,000
    7.00 Acres

    Gatlinburg Land with Creek Frontage

    7-acre Gatlinburg land parcel with creek frontage and cleared homesite.

    134 Wildwood Way, Gatlinburg, TN 37738
    View details
    Cosby, TN Residential Land Parcel
    $45,000
    0.67 Acres

    Cosby, TN Residential Land Parcel

    0.67-acre lot in Cosby, TN, ideal for building.

    Dark Hollow Rd, Cosby, TN 37722
    View details
    Gatlinburg Land with Mountain Views
    $259,000
    0.79 Acres

    Gatlinburg Land with Mountain Views

    0.79-acre lot with views and septic permit in Chalet Village.

    429 Red Hawk Way, Gatlinburg, TN 37738
    View details
    Lakefront Land in Gated Community
    $60,000
    3.53 Acres

    Lakefront Land in Gated Community

    3.53-acre lot with lake access and community amenities.

    1530 Waterside Cv Dr, Dandridge, TN 37725
    View details
    Gatlinburg Land in Arts Community
    $59,900
    0.35 Acres

    Gatlinburg Land in Arts Community

    Land in Glades Arts & Crafts Community, ideal for rental.

    947 Powdermill Rd, Gatlinburg, TN 37738
    View details
    Residential Land in Legacy Bay
    $99,000
    4.02 Acres

    Residential Land in Legacy Bay

    4.02 acre residential lot with lake view in gated community.

    9097 Paradise View Dr, Mooresburg, TN 37811
    View details
    Land with Mountain View
    Contact for pricing
    0.86 Acres

    Land with Mountain View

    0.86 acre lot with mountain view near Douglas Lake.

    3278 Hillside Rd, White Pine, TN 37890
    View details
    Land with Mountain Views
    $145,000
    2.96 Acres

    Land with Mountain Views

    2.96 acre homesite in Kodak, TN with mountain views.

    Kenneth Overlook, Kodak, TN 37764
    View details

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    Century 21 Legacy GP
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Century 21 Legacy GP
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