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    For Sale (39)

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    Sevierville Land Near Douglas Lake
    $107,000
    3.20 Acres

    Sevierville Land Near Douglas Lake

    3.2+/- acre lot zoned R-1 near Douglas Lake.

    Flat Creek Rd, Sevierville, TN 37876
    View details
    Unrestricted Land in Sevierville, TN
    $1,950,000
    83.14 Acres

    Unrestricted Land in Sevierville, TN

    83-acre unrestricted tract with commercial and residential zoning.

    1876 Upper Middle Creek Rd, Sevierville, TN 37876
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    Residential Land in Gated Community
    $119,900
    0.44 Acres

    Residential Land in Gated Community

    Land with deeded boat slip near Douglas Lake and Sevierville.

    Blue Herring Way, Sevierville, TN 37876
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    Sevierville Land Near Douglas Lake
    $107,000
    3.20 Acres

    Sevierville Land Near Douglas Lake

    3.2+/- acre lot zoned R-1 near Douglas Lake.

    Flat Creek Rd, Sevierville, TN 37876
    View details
    Land in Shagbark Resort Community
    $55,000
    2.70 Acres

    Land in Shagbark Resort Community

    Three lots plus bonus lot in gated resort community.

    2 3, Sevierville, TN 37862
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    Versatile Warehouse in Scottsburg, IN
    $99,000
    1.14 Acres

    Versatile Warehouse in Scottsburg, IN

    Spacious warehouse zoned for business and residential use.

    1519 Burton Dr, Scottsburg, IN 47170
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    Scottsburg Land: Deerfield Estates Opportunity
    $199,900
    9.31 Acres

    Scottsburg Land: Deerfield Estates Opportunity

    9+ acre planned residential development in Scottsburg, Indiana.

    Burton Dr, Scottsburg, IN 47170
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    Sevierville Land in Wears Valley
    $59,900
    0.67 Acres

    Sevierville Land in Wears Valley

    0.67 acre lot in Wears Valley near attractions.

    Harvest Moon Rd, Sevierville, TN 37862
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    Sevierville Land in Wears Valley
    $59,900
    0.67 Acres

    Sevierville Land in Wears Valley

    0.67 acre lot in Wears Valley, Sevierville, TN.

    Harvest Moon Rd, Sevierville, TN 37862
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    Sevierville Land in Shagbark Resort
    $49,900
    2.02 Acres

    Sevierville Land in Shagbark Resort

    2.02 acre lot in Shagbark Resort, Sevierville, TN.

    Balsam Slopes Rd, Sevierville, TN 37862
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    Otisco Land with Wooded Lot
    $165,000
    14.90 Acres

    Otisco Land with Wooded Lot

    14.9 acre wooded lot near Charlestown and River Ridge.

    Henryville Otisco Rd Unit Tract, Otisco, IN 47163
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    Otisco Land with Road Frontage
    $165,000
    14.90 Acres

    Otisco Land with Road Frontage

    14.9 acre wooded lot near Charlestown and River Ridge.

    unit Tract 7 Henryville Otisco Rd, Otisco, IN 47163
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    Sevierville Land with Mountain Views
    $59,900
    3.08 Acres

    Sevierville Land with Mountain Views

    3.08 acre lot near Smoky Mountains, ideal for rental.

    Redtail Rd, Sevierville, TN 37862
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    Sevierville Land in Wears Valley
    $59,900
    3.08 Acres

    Sevierville Land in Wears Valley

    3.08 acre lot near Pigeon Forge and Townsend.

    Redtail Rd, Sevierville, TN 37862
    View details
    Shagbark Resort Land Package Deal
    $55,000
    2.70 Acres

    Shagbark Resort Land Package Deal

    Three lots in Shagbark plus bonus lot for development.

    2 3, Sevierville, TN 37862
    View details
    83 Acres in Sevierville, TN
    $1,950,000
    83.00 Acres

    83 Acres in Sevierville, TN

    Unrestricted 83-acre tract with commercial and residential zoning.

    1876 Upper Middle Creek Rd, Sevierville, TN 37876
    View details
    Residential Land with Deeded Boat
    $119,900
    0.44 Acres

    Residential Land with Deeded Boat

    Gated community land near Douglas Lake with deeded boat slip.

    Blue Herring Way, Sevierville, TN 37876
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    Sevierville Land in Shagbark Resort
    $49,900
    2.02 Acres

    Sevierville Land in Shagbark Resort

    2.02 acre lot in Shagbark Resort, Sevierville, TN

    6 7, Sevierville, TN 37862
    View details
    Sevierville Land with Mountain Views
    $240,000
    2.03 Acres

    Sevierville Land with Mountain Views

    2.03 acre lot in Wears Valley's Homestead community.

    Settlers View Ln, Sevierville, TN 37862
    View details
    Residential Lot in Kingsland Fields
    $53,000
    0.21 Acres

    Residential Lot in Kingsland Fields

    Residential lot in a growing Clark County subdivision.

    830 Kings Ct, Memphis, IN 47143
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    Sevierville Land with Mountain Views
    $240,000
    2.03 Acres

    Sevierville Land with Mountain Views

    2.03-acre lot in Wears Valley, near Smoky Mountains.

    Settlers View Ln, Sevierville, TN 37862
    View details
    332 Acres Near Blackberry Mountain
    $5,450,000
    332.40 Acres

    332 Acres Near Blackberry Mountain

    Gorgeous acreage with mountain views, streams, and development potential.

    1968 E Millers Cove Rd, Walland, TN 37886
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    342 Acres in Walland, TN
    $5,880,000
    342.00 Acres

    342 Acres in Walland, TN

    342 acres with panoramic views and development potential in Walland.

    4903 Long Rifle Rd, Walland, TN 37886
    View details
    New Albany Development Opportunity
    $500,000
    9.19 Acres

    New Albany Development Opportunity

    9.19+/- acres of prime real estate in New Albany, IN.

    2639 Paoli Pike, New Albany, IN 47150
    View details
    Sellersburg Restaurant Property For Sale
    Contact for pricing

    Sellersburg Restaurant Property For Sale

    Restaurant property for sale in Sellersburg, Indiana, with B1 zoning.

    621 S Indiana Ave, Sellersburg, IN 47172
    View details
    Commercial Buildings in Austin, Indiana
    Contact for pricing

    Commercial Buildings in Austin, Indiana

    Two buildings for one price, suitable for office or retail.

    60 W Main St, Austin, IN 47102
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    Renovated Restaurant Space Available
    Contact for pricing

    Renovated Restaurant Space Available

    Newly renovated restaurant space in downtown Seymour.

    103 N Chestnut St, Seymour, IN 47274
    View details
    Spacious Warehouse and Office Complex
    Contact for pricing
    71,102 SF

    Spacious Warehouse and Office Complex

    22-acre property with warehouse and office space near town square.

    501 E Market St, Salem, IN 47167
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    Downtown Seymour Restaurant Opportunity
    Contact for pricing

    Downtown Seymour Restaurant Opportunity

    Upscale restaurant space available in revitalizing downtown Seymour.

    210-212 W 2Nd St, Seymour, IN 47274
    View details
    Corner Lot on Marysville Road
    Contact for pricing

    Corner Lot on Marysville Road

    0.57 acre corner lot for sale on Marysville Road.

    Marysville Rd, Marysville, IN 47141
    View details
    Sellersburg Town Center Opportunity
    $1,295,000

    Sellersburg Town Center Opportunity

    Prime Sellersburg Commercial Land

    60 And Cp Run Rd, Sellersburg, IN 47172
    View details
    Downtown Seymour Business Opportunity
    $435,000

    Downtown Seymour Business Opportunity

    Thriving Seymour, IN Investment

    313-319 St Louis Ave, Seymour, IN 47274
    View details
    Industrial Land with I-65 Exposure
    Contact for pricing

    Industrial Land with I-65 Exposure

    5-acre industrial land with I-65 exposure in Memphis, Indiana.

    506 Crone Rd, Memphis, IN 47143
    View details
    Charlestown Office Building - Main Street
    $259,900
    0.09 Acres

    Charlestown Office Building - Main Street

    Prime Charlestown Office Space, High Visibility

    840 Main St, Charlestown, IN 47111
    View details
    Prime Commercial Land Opportunity
    $266,000

    Prime Commercial Land Opportunity

    0.95-acre commercial land with high visibility and easy access.

    Pacer Dr, Corydon, IN 47112
    View details
    Prime Commercial Land Opportunity
    $381,865

    Prime Commercial Land Opportunity

    1.44-acre commercial land with high visibility in Corydon, IN.

    Pacer Dr, Corydon, IN 47112
    View details
    Commercial Land Ready For Development
    $299,900

    Commercial Land Ready For Development

    0.95 acre commercial land parcel ready for development.

    Pacer Dr, Corydon, IN 47112
    View details
    Turnkey Data Center Condo
    $785,000
    1,209 SF

    Turnkey Data Center Condo

    Fully operational data center condo with robust infrastructure and security.

    2575 Willow Point Way, Knoxville, TN 37931
    View details
    Two-Story Brick Home
    $207,000
    1,624 SF

    Two-Story Brick Home

    Two-story home with open floorplan, granite countertops, bonus room.

    5521 Harmony Woods, Memphis, IN 47143
    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
    RE/MAX FIRST
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