Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings
    (615) 478-5333
    Size: 10+ agents

    Agents

    Service Locations

    Property Types

    • Land
    • Commercial Sale
    • Commercial Lease
    • Residential Multi Family

    Listings

    For Sale (22)

    View map
    Professional Office Building For Sale
    $199,000
    956 SF

    Professional Office Building For Sale

    Brick office building with parking in New Market, Tennessee.

    980 Hwy W, New Market, TN 37820
    View details
    Lakefront Lot with Mountain Views
    $199,000
    1.07 Acres

    Lakefront Lot with Mountain Views

    1.07-acre lakefront lot in Dandridge, TN with mountain views.

    407 Jack Potts Dr, Dandridge, TN 37725
    View details
    Lakefront Property on Douglas Lake
    $194,900
    1.70 Acres

    Lakefront Property on Douglas Lake

    Exceptional 1.7-acre lakefront property in a prestigious community.

    719 Riveredge Ln, Dandridge, TN 37725
    View details
    Douglas Lake Waterfront Land
    $179,900
    1.19 Acres

    Douglas Lake Waterfront Land

    1.19-acre lakefront property with mountain views near Dandridge, Tennessee.

    407 Riverbend Dr, Dandridge, TN 37725
    View details
    Parrottsville Land with Mountain Views
    $120,000
    5.01 Acres

    Parrottsville Land with Mountain Views

    5.01 acre lot with mountain views near I-40.

    Blf Rd, Parrottsville, TN 37843
    View details
    Johnson City Multifamily Investment Opportunity
    $377,900
    0.41 Acres

    Johnson City Multifamily Investment Opportunity

    Four-unit apartment building near Milligan University, fully occupied.

    103 Warrior Ln, Johnson City, TN 37601
    View details
    Blountville Land Near Airport
    $294,987
    15.42 Acres

    Blountville Land Near Airport

    15.42 acre Blountville land with M-1 zoning.

    Highway 75 N, Blountville, TN 37617
    View details
    Douglas Lake Waterfront Land
    $158,000
    1.33 Acres

    Douglas Lake Waterfront Land

    Exceptional 1.3-acre lakefront property on Douglas Lake.

    Riverbend Dr, Dandridge, TN 37725
    View details
    Cleared Land on Highway 25E
    $72,000
    0.68 Acres

    Cleared Land on Highway 25E

    0.68 acres with road frontage on Hwy 25E, White Pine.

    Hwy 25 E, White Pine, TN 37890
    View details
    Parrottsville Land with Mountain Views
    $120,000
    5.01 Acres

    Parrottsville Land with Mountain Views

    5.01 acre lot with mountain views near I-40.

    Blf Rd, Parrottsville, TN 37843
    View details
    50 Acres Near Douglas Lake
    $299,900
    50.51 Acres

    50 Acres Near Douglas Lake

    50+ acre land parcel near Douglas Lake and Newport.

    455 Hwy 25E, Newport, TN 37821
    View details
    Douglas Lake Waterfront Land
    $127,500
    1.19 Acres

    Douglas Lake Waterfront Land

    1.19-acre lakefront property on Douglas Lake in Dandridge, TN.

    407 Riverbend Lot 63 Dr, Dandridge, TN 37725
    View details
    Douglas Lake Waterfront Land
    $185,900
    1.33 Acres

    Douglas Lake Waterfront Land

    Exceptional 1.3-acre lakefront property with mountain views.

    Riv Bnd Dr, Dandridge, TN 37725
    View details
    Professional Office Building in New Market
    $215,000
    956 SF

    Professional Office Building in New Market

    Brick office building with ample parking and high traffic exposure.

    980 Hwy 11-E, New Market, TN 37820
    View details
    Unique Appalachian Caverns Property
    $2,200,000
    5,872 SF

    Unique Appalachian Caverns Property

    9.36-acre property featuring caverns, campground, and apartments.

    420 Cave Hill Rd, Blountville, TN 37617
    View details
    Lakefront Lot with Mountain Views
    $199,000
    1.07 Acres

    Lakefront Lot with Mountain Views

    1.07-acre lakefront lot near Dandridge, TN with mountain views.

    407 Jack Potts Dr, Dandridge, TN 37725
    View details
    Cleared Lot in New Market
    $64,900
    1.08 Acres

    Cleared Lot in New Market

    Cleared 1.08 acre lot suitable for building or manufactured home.

    New Market, TN 37820
    View details
    Large Corner Lot in Gray
    $295,000
    2.70 Acres

    Large Corner Lot in Gray

    2.7 acre corner lot with road frontage in Gray, TN.

    6277 Kingsport Hwy, Gray, TN 37615
    View details
    Lakefront Land in Dandridge, TN
    $165,000
    1.70 Acres

    Lakefront Land in Dandridge, TN

    1.7-acre lakefront property on Douglas Lake with mountain views.

    719 Riveredge Lot 60 Ln, Dandridge, TN 37725
    View details
    Cleared Land on Highway 25E
    $72,000
    0.68 Acres

    Cleared Land on Highway 25E

    0.68 acres of cleared, level land with road frontage.

    Hwy 25 E, White Pine, TN 37890
    View details
    Historic Building with Stained Glass
    $265,000
    4,348 SF

    Historic Building with Stained Glass

    Historic building in New Market, TN, with versatile potential.

    920 Churchview St, New Market, TN 37820
    View details
    Waterfront Land on Norris Lake
    $399,000
    1,518,501 SF

    Waterfront Land on Norris Lake

    34+ acre waterfront property, ideal for a private retreat.

    Tr3 Mountain Shores Rd, New Tazewell, TN 37825
    View details

    For Lease (2)

    View map
    Pigeon Forge Commercial Land Lease
    $20,000 / Mo
    77,972 SF

    Pigeon Forge Commercial Land Lease

    Prime commercial land for lease near Parkway in Pigeon Forge.

    1155 Wears Valley Rd, Pigeon Forge, TN 37863
    View details
    Four-Unit Apartment Building For Rent
    $377,900
    2,958 SF

    Four-Unit Apartment Building For Rent

    Four-unit apartment building near Milligan University, fully occupied.

    103 Warrior Ln, Johnson City, TN 37601
    View details

    Leases and Sales on Map

    • For Sale
    • For Lease

    Properties for sale

    View other agents
    in the same area
    Request Owner's contact information
    Greater Impact Realty Lakeway
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Greater Impact Realty Lakeway
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!