Townsend, TN Commercial Real Estate for Sale

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Updated: Nov 21, 2025

Townsend Multifamily Investment Opportunity

7052 E Lamar Alexander Pkwy, Townsend, TN 37882

$1,375,000

8,940 sqft

Located just 8 minutes from the Great Smoky Mountains National Park entrance.
Turn‑key property with recent renovations including new kitchenettes, fixtures, and furniture.
Significant Capex improvements have been made.
Potential to operate as a motel in a market with limited competition.
Centrally located in Townsend, TN, near Pigeon Forge and Gatlinburg.

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This listing looks promising.

Here's a quick look at some key insights for

7052 E Lamar Alexander Pkwy, Townsend, TN 37882

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Est. Cap Rate

5.9%
NOI ÷ price
Est. NOI

$81K
Annual
Mortgage

$1.12M
Feb 2022
Last Sold

Feb 2022
$955K
Property Type

Commercial (General)
Built 1950

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Updated: Mar 24

Short-Term Rental Resort With Cabins

460 Boat Gunnel Road, Townsend, TN 37882

$2,945,000

13,121 sqft 20.86 AC lot

20.86‑acre resort in Townsend at approx. 1,500 ft elevation with sweeping panoramic mountain views
8 fully furnished STR cabins: 5 traditional cabins and 3 treehouse‑style cabins
Cabins include hot tubs, arcade games, and fire pits; guest access includes private hiking trails throughout the property
Income history reported: $270,000 (2022), $287,000 (2023), $363,000 (2024), and $317,000 (2025)
Utilities: well water and septic tank sewer for the property

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Commercial Development Land with Highway Frontage

7062 E Lamar Alexander Pkwy, Townsend, TN 37882

$599,000

7.37 AC lot

Corner commercial site zoned B-1 with highway and road frontage for tourism-oriented retail and hospitality uses.

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Townsend, TN Land with RV

Highway 73 lot: 125, Townsend, TN 37882

$162,000

0.04 AC lot

Mountain retreat with Grand Design RV in Sundown Resort.

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Convenience Store on Highway Corridor

7523 East Lamar Alexander Parkway, Townsend, TN 37882

$1,600,000

1,304 sqft

Established convenience store on Highway 321 with prime highway frontage and ample parking for steady day-to-day access.

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Smoky Mountain Resort Lot

Highway 73 lot: 63, Townsend, TN 37882

$138,000

0.04 AC lot

Resort lot with RV near Great Smoky Mountains National Park.

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Campground Lot with RV Conveyance

Highway 73 lot: 162, Townsend, TN 37882

$148,000

0.04 AC lot

Gated resort lot with an included 40-foot travel trailer, featuring slide-outs and resort-style community amenities.

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Resort Lot with Luxury RV

Highway 73 lot: 94, Townsend, TN 37882

$150,000

0.04 AC lot

Turnkey lot in Sundown Resort near Smoky Mountains National Park.

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Townsend, TN Land For Sale

Parc.128 E Lamar Alexander Parkway, Townsend, TN 37882

$400,000

1.24 AC lot

1.24 acre commercial land with highway frontage in Townsend, TN.

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RV Lot in Sundown Resort

Highway 73 lot: 117, Townsend, TN 37882

$90,000

0.06 AC lot

Well-appointed RV lot near Great Smoky Mountains National Park.

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Shaded RV Campground Lot

417 Mountain Thrush Drive, Townsend, TN 37882

$79,500

3,484 sqft

Level, shaded lot within Big Valley Campground Resort Community near outdoor amenities.

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Land on Wears Valley Road

Wears Valley Rd, Townsend, TN 37882

$59,900

3.00 AC lot

Three-acre commercial land with road frontage in Townsend, Tennessee.

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Townsend Pastureland with Creek

Rudd Rd, Townsend, TN 37882

$499,900

8.00 AC lot

8-acre pastureland near Great Smoky National Park.

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Commercial Land with Major Road Frontage

7062 East Lamar Alexander Parkway, Townsend, TN 37882

$499,000

316,681 sqft 7.27 AC lot

Commercial land for sale with frontage on Lamar Alexander Pkwy and Canyon Road in a B-1 Tourist Business District.

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Mountain Retreat RV Lot

Highway 73 lot: 34, Townsend, TN 37882

$95,000

0.04 AC lot

RV lot with mountain views and resort amenities.

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Turnkey RV Resort Lot

Lot 39 Highway 73, Townsend, TN 37882

$115,000

0.04 AC lot

Turnkey, gated resort lot with a paved pad and included 2018 travel trailer, supported by recent utility and solar updates.

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Renovated Retail Building with Storage

7321 E Lamar Alexander Pkwy, Townsend, TN 37882

Contact for pricing

Renovated retail building includes new plumbing, electrical, and HVAC, plus an added storage building with five roll-up doors.

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RV Resort Lot with Hookups

Highway 73, Townsend, TN 37882

$75,000

0.05 AC lot

RV-ready resort lot with planned hookups and access to shared bathhouse facilities.

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RV Campground Resort Lot

Highway 73, Townsend, TN 37882

$75,000

0.05 AC lot

Recreation land lot at a campground resort with RV hook-up and access to community amenities.

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Resort Campground Lot with Paved Pad

Lot 196 Highway 73, Townsend, TN 37882

$75,000

0.04 AC lot

Build-ready campground lot with a spacious paved pad in a gated resort community near Great Smoky Mountains National Park.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 20 Active Listings in Townsend, TN, we suggest to view alternatives - similar 52 Off-Market properties to explore as potential leads.

Off-Market Properties in Townsend, TN

Consider similar Off-Market properties in Townsend, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RESTAURANT

8310 State Hwy 73, Townsend, TN 37882-4303

$1,200,000

Estimated value

9,228 sqft 3.30 AC lot

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VACANT COMMERCIAL LAND

Old Cades Cv Rd, Townsend, TN 37882

Value Estimation by Request

1.00 AC lot

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RESTAURANT

8123 Lamar Alexander Pkwy, Townsend, TN 37882-4035

Value Estimation by Request

5,100 sqft 1.03 AC lot

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FINANCIAL BUILDING

7723 Lamar Alexander Pkwy, Townsend, TN 37882-4031

Value Estimation by Request

4,740 sqft 0.75 AC lot

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Townsend, TN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Townsend, TN, showcased through 20 active listings on our real estate platform. These investment opportunities span a total of 343,530 square feet of properties for sale, with an estimated market value of $6,498,500.

Sale prices for business properties in Townsend, TN start at $79,500, averaging $1,299,700, and reaching up to $2,945,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 2,800

Population Growth (5Y) +4.1%

Median Household Income $61,875

College Educated 48.8%

High-Yield Neighborhoods for Investment

Identify Townsend submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
37882	$784.2K

Taxes & Financing

Tax Rate (average for all types) 2.06%

Property Tax per SF $51.16 per SF

Tax Rate vs County Average 0.52 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Blount County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Blount County

Residential Income

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