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    For Sale (31)

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    Sevierville, TN Land For Sale
    $110,000
    1.04 Acres

    Sevierville, TN Land For Sale

    1+ acre lot in gated Waldens Ridge community.

    Turkey Creek Way, Sevierville, TN 37862
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    Sevierville Land For Sale
    $60,000
    1.50 Acres

    Sevierville Land For Sale

    1.5-acre unrestricted lot near Smoky Mountains.

    Boogertown Rd S, Sevierville, TN 37876
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    Sevierville Land with Lake Views
    $249,000
    1.44 Acres

    Sevierville Land with Lake Views

    Rare 1.44-acre waterfront lot on Douglas Lake with mountain views.

    3986 Island View Rd, Sevierville, TN 37876
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    Sevierville Land with Mountain Views
    $350,000
    0.46 Acres

    Sevierville Land with Mountain Views

    0.46-acre homesite in Laughing Pines, near Pigeon Forge.

    Max Rdg Ln, Sevierville, TN 37862
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    Secluded Wooded Land with Stream
    $89,900
    15.11 Acres

    Secluded Wooded Land with Stream

    Private 15-acre wooded tract with stream, ideal for recreation.

    Baysinger Rd, Newport, TN 37821
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    Sevierville Land with Mountain Views
    $674,000
    3.71 Acres

    Sevierville Land with Mountain Views

    3.71-acre lot with panoramic views, ideal for luxury lodge.

    3065 Summit Trails Dr, Sevierville, TN 37862
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    Unrestricted Smoky Mountain Meadowland
    $322,000
    5.40 Acres

    Unrestricted Smoky Mountain Meadowland

    Rare 5.4 acres with breathtaking views near Smoky Mountains.

    Goose Gap Rd, Sevierville, TN 37876
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    Gatlinburg Land with Mountain Views
    $199,900
    1.84 Acres

    Gatlinburg Land with Mountain Views

    1.8-acre homesite for dream retreat or investment property.

    62 Pinnacle Vista Rd, Gatlinburg, TN 37738
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    Sevierville Land with Mountain Views
    $289,000
    12.90 Acres

    Sevierville Land with Mountain Views

    12.9 acres of land with mountain views in Wears Valley.

    Mcgill Rd, Sevierville, TN 37862
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    LAND - Sevierville, TN
    $199,900
    5.30 Acres

    LAND - Sevierville, TN

    Residential land & home lots • 5.30 Acres

    Dove View Rd, Sevierville, TN 37862
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    Land in Cobbly Knob Subdivision
    $76,000
    0.39 Acres

    Land in Cobbly Knob Subdivision

    Land with septic approval near downtown Gatlinburg.

    Deer Path Ln, Gatlinburg, TN 37738
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    Gatlinburg Mountain View Estate Lot
    $399,500
    1.18 Acres

    Gatlinburg Mountain View Estate Lot

    1.18-acre estate lot with National Park views.

    D-7 Lightning Bug Way, Gatlinburg, TN 37738
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    Sevierville Land with Mountain Views
    $400,000
    0.63 Acres

    Sevierville Land with Mountain Views

    0.63-acre homesite in Laughing Pines, near Pigeon Forge.

    Max Rdg Ln, Sevierville, TN 37862
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    Sevierville, TN View Lot
    $125,000
    0.85 Acres

    Sevierville, TN View Lot

    0.84 acre view lot in gated Waldens Ridge community.

    Coopers Hawk Way, Sevierville, TN 37862
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    Gatlinburg Land with Mountain Views
    $399,500
    1.18 Acres

    Gatlinburg Land with Mountain Views

    Premier homesite in Norton Creek with stunning mountain views.

    D7 Lightning Bug Way, Gatlinburg, TN 37738
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    Sevierville, TN Land Parcel
    $40,000
    0.37 Acres

    Sevierville, TN Land Parcel

    0.37-acre lot in Sky Harbor community, Sevierville, Tennessee.

    Tsali Dr, Sevierville, TN 37876
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    Sevierville Land with Mountain Views
    $350,000
    0.58 Acres

    Sevierville Land with Mountain Views

    Ready-to-build homesite in Laughing Pines Cabin Community, Sevierville, TN.

    Max Rdg Ln, Sevierville, TN 37862
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    Sevierville Land with Mountain Views
    $350,000
    0.62 Acres

    Sevierville Land with Mountain Views

    Ready-to-build homesite in Laughing Pines, near Pigeon Forge.

    Max Rdg Ln, Sevierville, TN 37862
    View details
    Unrestricted Land Near Tourist Attractions
    $750,000
    4.40 Acres

    Unrestricted Land Near Tourist Attractions

    Rare, level 4.4-acre unrestricted land near Gatlinburg and Pigeon Forge.

    3045 Birds Creek Rd, Sevierville, TN 37876
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    Gatlinburg Commercial Property For Sale
    $499,000
    2,200 SF

    Gatlinburg Commercial Property For Sale

    Remodeled commercial property with C-5 zoning in high-traffic Gatlinburg location.

    465 Glades Rd, Gatlinburg, TN 37738
    View details
    Picturesque Land Near Smoky Mountains
    $279,000
    5.00 Acres

    Picturesque Land Near Smoky Mountains

    5-acre property with mountain views, convenient to amenities.

    Roberts Rd, Kodak, TN 37764
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    Mountain Top Lot in Shagbark
    $75,000
    0.76 Acres

    Mountain Top Lot in Shagbark

    0.76 acre lot in gated community near Pigeon Forge.

    Dove View Rd, Sevierville, TN 37862
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    Sevierville, TN Land For Sale
    $75,000
    1.11 Acres

    Sevierville, TN Land For Sale

    Gently sloping 1.11 acre lot in The Homestead.

    2808 Grist Mill Ln, Sevierville, TN 37862
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    Sevierville Land in Sky Harbor
    $42,000
    0.35 Acres

    Sevierville Land in Sky Harbor

    0.35 acre lot near Pigeon Forge and Gatlinburg.

    Ski View Ln, Sevierville, TN 37876
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    Sevierville Land in Sky Harbor
    $47,000
    0.42 Acres

    Sevierville Land in Sky Harbor

    0.42 acre lot near Pigeon Forge and Gatlinburg.

    Raymond Hollow Rd, Sevierville, TN 37876
    View details
    Sevierville Land in Sky Harbor
    $42,000
    0.51 Acres

    Sevierville Land in Sky Harbor

    0.51 acre lot near Pigeon Forge and Gatlinburg.

    Rose Pass, Sevierville, TN 37876
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    Sevierville Land in Sky Harbor
    $47,000
    0.25 Acres

    Sevierville Land in Sky Harbor

    0.25 acre lot perfect for overnight rental or permanent home.

    Ridgefield Dr, Sevierville, TN 37876
    View details
    Sevierville Land with Mountain Views
    $179,500
    0.39 Acres

    Sevierville Land with Mountain Views

    Residential lot with community utilities and mountain views.

    2109 Paradise View Way, Sevierville, TN 37876
    View details
    Sevierville Mountain Acreage in Shagbark
    $250,000
    13.84 Acres

    Sevierville Mountain Acreage in Shagbark

    13.84 acres in gated community with vista views.

    lot .0001 Stepping Stone Dr, Sevierville, TN 37862
    View details
    Lake View Build-Ready Lot
    $129,900
    1.44 Acres

    Lake View Build-Ready Lot

    Cleared 1.44 acre lot with lake views and utilities.

    220 Pheasant Lot 8 Ct, Sevierville, TN 37876
    View details
    Gatlinburg Land in Arts District
    Contact for pricing
    0.26 Acres

    Gatlinburg Land in Arts District

    0.26 acre lot near Gatlinburg's Arts and Craft shops.

    Off Cole Ln, Gatlinburg, TN 37738
    View details

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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 MVP
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