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    For Sale (44)

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    Pigeon Forge Development Land For Sale
    $10,000,000
    20.85 Acres

    Pigeon Forge Development Land For Sale

    20.85 acres development property in the heart of Pigeon Forge.

    4B-R Jake Thomas Rd, Pigeon Forge, TN 37863
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    Unrestricted Land with Smoky Mountain Views
    $219,000
    17.46 Acres

    Unrestricted Land with Smoky Mountain Views

    17.46 acres of unrestricted land near Gatlinburg and Pigeon Forge.

    3-5 Wilson Hollow Way, Sevierville, TN 37876
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    Sevierville Land with Utility Water
    Contact for pricing
    1.32 Acres

    Sevierville Land with Utility Water

    1.32 acre lot with utility water in Sevierville, TN.

    Rail Hl Ln, Sevierville, TN 37876
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    Land in Gatlinburg City Limits
    $150,000
    0.19 Acres

    Land in Gatlinburg City Limits

    Land with city utilities available, convenient location near downtown.

    329 Silverbell Ln, Gatlinburg, TN 37738
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    Sevierville Land with Mountain Views
    $337,000
    10.84 Acres

    Sevierville Land with Mountain Views

    10.84-acre lot with long-range Smoky Mountain views.

    Stackstone Rd, Sevierville, TN 37862
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    5.37 Acres in Seymour, TN
    $149,000
    5.37 Acres

    5.37 Acres in Seymour, TN

    5.37-acre tract with utilities, septic permit, and stream.

    1 Dripping Springs Rd, Seymour, TN 37865
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    Residential Lot Near Parkway
    $35,000
    0.57 Acres

    Residential Lot Near Parkway

    0.56-acre residential lot in Pigeon Forge, city utilities.

    1-D W Gold Dust Dr, Pigeon Forge, TN 37863
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    Gatlinburg Land with Mountain Views
    $250,000
    2.61 Acres

    Gatlinburg Land with Mountain Views

    2.6 acres in Gatlinburg with views and utilities.

    lot 9 &10 Laurel Mountain Rd, Gatlinburg, TN 37738
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    Sevierville Land with Mountain Views
    $275,000
    2.00 Acres

    Sevierville Land with Mountain Views

    Two-acre lot in Powdermill Estates with panoramic views.

    4364 Powdermill Estates Rd, Sevierville, TN 37876
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    Sevierville Land with Lake Views
    $165,000
    1.32 Acres

    Sevierville Land with Lake Views

    1.32 acre cul-de-sac lot with lake and mountain views.

    Scott St, Sevierville, TN 37876
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    Dandridge Land with Mountain Views
    $34,900
    1.00 Acre

    Dandridge Land with Mountain Views

    One-acre lot in Historic Hills, Dandridge, with utilities.

    Low Vly Rd, Dandridge, TN 37725
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    Unrestricted Land on Chapman Highway
    $189,000
    6.50 Acres

    Unrestricted Land on Chapman Highway

    6.5 acres of unrestricted land with mountain views.

    1 Chapman Hwy, Seymour, TN 37865
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    Sevierville Land: Prime Location
    $50,000
    0.50 Acres

    Sevierville Land: Prime Location

    Undeveloped lot in Sevierville, near Pigeon Forge and Gatlinburg.

    Mountain Dr, Sevierville, TN 37876
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    Residential Lot in Fiesta Hills
    Contact for pricing
    0.43 Acres

    Residential Lot in Fiesta Hills

    Almost half acre residential lot in Sevierville, Tennessee.

    Fiesta Blvd, Sevierville, TN 37876
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    Sevierville Land in The Oaks
    $69,900
    3.31 Acres

    Sevierville Land in The Oaks

    Large wooded lot with pond and utilities in Sevierville.

    Oak Lake Dr, Sevierville, TN 37876
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    Beaver Creekfront Lot in Knoxville
    $49,900
    0.45 Acres

    Beaver Creekfront Lot in Knoxville

    Residential land in Halls with creek frontage and utilities.

    7180 Jubilee Ct, Knoxville, TN 37918
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    Sevierville Land for Sale
    $69,900
    4.20 Acres

    Sevierville Land for Sale

    Large 4.2 acre lot in The Oaks subdivision.

    Happy Hollow Ln, Sevierville, TN 37876
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    Creekfront Lot in Outdoor Resorts
    $229,900
    0.05 Acres

    Creekfront Lot in Outdoor Resorts

    Upgraded RV resort lot with creek access and modern amenities.

    4229 E Parkay, Gatlinburg, TN 37738
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    Sevierville Commercial Opportunity For Sale
    $499,000
    1,504 SF

    Sevierville Commercial Opportunity For Sale

    Commercial property in Sevierville, remodeled for dog grooming facility.

    1310 Cherokee Circle Dr, Sevierville, TN 37862
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    Unrestricted Land in Seymour, TN
    $150,000
    4.50 Acres

    Unrestricted Land in Seymour, TN

    4.5 acres with highway frontage, commercial/residential potential, mountain views.

    12419 Chapman Hwy, Seymour, TN 37865
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    Chapman Highway Frontage Land
    $189,000
    1.96 Acres

    Chapman Highway Frontage Land

    1.96 acres of C-2 zoned land with creek frontage.

    Chapman Hwy, Seymour, TN 37865
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    Pigeon Forge Land with Views
    $49,900
    0.49 Acres

    Pigeon Forge Land with Views

    Residential lot with mountain views near Parkway in Pigeon Forge.

    Kings Hills Blvd, Pigeon Forge, TN 37863
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    Pigeon Forge Land with View
    $49,900
    0.49 Acres

    Pigeon Forge Land with View

    Residential lot near Parkway with mountain views and convenient location.

    Kings Hills Blvd, Pigeon Forge, TN 37863
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    Sevierville Lakefront Land For Sale
    $40,000
    5.54 Acres

    Sevierville Lakefront Land For Sale

    5+ acre lakefront tract on Douglas Lake near Sevierville.

    Fawn View Dr, Sevierville, TN 37876
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    Sevierville Land with Utility Water
    Contact for pricing
    1.21 Acres

    Sevierville Land with Utility Water

    1.21 acre lot with utility water in Sevierville, TN.

    Rail Hl Ln, Sevierville, TN 37876
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    Seymour, TN Land Opportunity
    $249,000
    24.49 Acres

    Seymour, TN Land Opportunity

    24.49 acres with mountain views and easy access.

    2 Dripping Springs Rd, Seymour, TN 37865
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    LAND - Sevierville, TN
    $49,900
    0.96 Acres

    LAND - Sevierville, TN

    Residential land & home lots • 0.96 Acres

    Walden Flats Way, Sevierville, TN 37862
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    Gatlinburg Land Near Parkway
    $699,000
    0.45 Acres

    Gatlinburg Land Near Parkway

    Downtown Gatlinburg property suitable for building, near The Park Grill.

    204 Savage Garden Rd, Gatlinburg, TN 37738
    View details
    Laurel Valley Land Parcel
    $91,900
    2.27 Acres

    Laurel Valley Land Parcel

    2.27-acre land parcel in Laurel Valley, Townsend, Tennessee.

    Laurel Rd, Townsend, TN 37882
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    Land with Mountain Views
    $159,000
    2.99 Acres

    Land with Mountain Views

    Level to rolling land with views of English Mountain.

    162 County Line Rd, Dandridge, TN 37725
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    Acre Lot in Historic Hills
    $34,900
    1.00 Acre

    Acre Lot in Historic Hills

    One-acre lot with utilities, convenient location, mountain views.

    Low Vly Rd, Dandridge, TN 37725
    View details
    Residential Land in Kodak, TN
    $59,900
    1.21 Acres

    Residential Land in Kodak, TN

    1.21 acre lot in Falcon Ridge subdivision.

    Sandpiper Ct, Kodak, TN 37764
    View details
    Douglas Lakefront Lot with RV
    $199,900
    0.91 Acres

    Douglas Lakefront Lot with RV

    Lakefront lot with RV near Dollywood, Sevierville, Pigeon Forge.

    Par 005.00 Aaron St, Sevierville, TN 37876
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    Residential Land in Sevierville, TN
    $69,900
    0.28 Acres

    Residential Land in Sevierville, TN

    Residential land centrally located between Pigeon Forge and Gatlinburg, TN.

    Ridgefield Dr, Sevierville, TN 37876
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    Sevierville, TN Land Opportunity
    Contact for pricing
    0.42 Acres

    Sevierville, TN Land Opportunity

    Raw land in the English Mountain area with building potential.

    Ridge View Dr, Sevierville, TN 37876
    View details
    New Market Build-Ready Land
    $374,000
    9.21 Acres

    New Market Build-Ready Land

    9+ acre build-ready land with utilities and convenient location.

    1950 Lafayette Rd, New Market, TN 37820
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    Sevierville Land in Sky Harbor
    Contact for pricing
    0.16 Acres

    Sevierville Land in Sky Harbor

    0.16-acre lot in Sky Harbor, perfect for cabin construction.

    Silver Poplar Ln, Sevierville, TN 37876
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    Sevierville Land with Mountain Views
    $550,000
    15.03 Acres

    Sevierville Land with Mountain Views

    15 acres of land with mountain views and development potential.

    2 Newport Hwy, Sevierville, TN 37876
    View details
    Sevierville Land with Mountain Views
    $995,000
    32.53 Acres

    Sevierville Land with Mountain Views

    32.53 acres with Smoky Mountain and Douglas Lake views.

    Flat Creek Rd, Sevierville, TN 37876
    View details
    Prime Land in Pigeon Forge
    $3,500,000
    12.20 Acres

    Prime Land in Pigeon Forge

    12.2 acres of desirable C-2 zoned development property.

    4 Veterans Blvd, Pigeon Forge, TN 37863
    View details
    Douglas Lakefront Lot with Views
    $125,000
    0.67 Acres

    Douglas Lakefront Lot with Views

    Dockable lakefront lot with mountain views and subdivision approval.

    Sunset View Rd, Sevierville, TN 37876
    View details
    Gatlinburg Buildable One-Acre Lot
    $65,000
    1.00 Acre

    Gatlinburg Buildable One-Acre Lot

    One-acre lot in Gatlinburg near Arts & Crafts Community.

    Autumn Ln, Gatlinburg, TN 37738
    View details
    Sevierville Buildable Lot Opportunity
    $75,000
    0.37 Acres

    Sevierville Buildable Lot Opportunity

    Buildable lot near town, schools, shopping, and dining.

    Cherokee Circle Dr, Sevierville, TN 37862
    View details
    Sevierville Land with Income Potential
    $1,250,000
    3,416 SF

    Sevierville Land with Income Potential

    25.86 acres with homes and cell tower lease.

    235 Maggie Mack Ln, Sevierville, TN 37862
    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
    Prime Mountain Properties
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