Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Smoky Mountain Building Site Title is generated by Realmo AI

    1005 Laurel Road, Townsend, TN 37882

    View on Map
    Claim this Listing
    For Sale
    $38,499

    LAND - Townsend, TN

    Type:Single Family Residence
    Lot size:
    0.49 Acres
    Added:
    Jul 7, 2025
    Days on Market:
    335
    Last Refresh:
    Jun 6 at 8:06 pm

    Property Features for 1005 Laurel Road

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Zoning
    Zoned Residenti
    Standard status
    Active
    APN
    095K D 034.00
    Lot size
    0.49 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    99

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    David Chile
    David Chile

    Listing agent David Chile License #366045

    Listing office Weichert, REALTORS - Tiger Real Estate 1220 Gay Street PO Box 103, DANDRIDGE, TN

    Listing date Jul 7, 2025

    MLS# 708216 Listing URL

    Copyright © 2026 Lakeway Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Breathtaking mountain views from a stunning 0.49‑acre building site.
    • Utilities available at the road: electricity, city water, cable, and Wi‑fi.
    • Exclusive access to community amenities within a secure gated community, including a golf course, swimming pool, fitness center, and Country Club (additional fees may apply).
    • Close proximity to the Great Smoky Mountain National Park (6.5 miles) and Foothills Parkway (6 miles).
    • Conveniently located near dining, shopping (5 miles), and medical facilities.
    • Proximity to attractions like Cades Cove, Pigeon Forge, and Gatlinburg.

    Overview

    This 0.49-acre building site is located in the Smoky Mountains. The property has electricity, city water, cable, and Wi-fi available at the road. Access to community amenities, including the Wild Laurel golf course, is available for an additional fee. The golf course is an 18-hole course. Other community luxuries include a swimming pool, a fitness center, a Country Club, an exercise room, and a cafe. Complimentary garbage and recycling services are provided within the secure gated community. The property is located approximately 6.5 miles from the Great Smoky Mountain Parks, 6 miles from Foothills Parkway, and 9 miles from Blackberry Farm Resort. Black Bear Appalachian Bistro, Apple Valley Mountain Village and Cafe, and grocery shopping are approximately 5 miles away. The location is near Cades Cove, Pigeon Forge and Gatlinburg, a Golf Pro Shop, occasional live concerts, and medical facilities. The property is zoned residential and suitable for a primary residence or a vacation home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Big Box & Wholesale Store Kitchen & Bath Showroom Hotel & Motel Furniture & Home Goods Travel Agency Bed & Breakfast Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Townsend
    County
    Blount
    State
    Tennessee
    Longitude
    -83.801156
    Latitude
    35.679581

    Nearby Similar for Sale

    • $2,945,000
      13,121 SF

      Smoky Mountain Resort Opportunity

      20.86-acre resort with eight cabins and expansion potential.
      460 Boat Gunnel Road, Townsend, TN 37882
      View Details
    • $149,900

      Gated Resort RV Lot in Townsend

      Build-ready RV lot in a gated resort community, offering year-round access and direct placement on the main entry road.
      770 Big Valley Blvd, Townsend, TN 37882
      View Details
    • $189,000

      RV Lot with Mountain Views

      Double RV lot near Great Smoky Mountains National Park.
      213 & 214 HIghway 73, Townsend, TN 37882
      View Details
    • $449,000

      Smoky Mountain View Building Lot

      2.13-acre level lot with mountain views near Smoky Mountains.
      151 Bethel Church Rd, Townsend, TN 37882
      View Details
    • $489,500

      Townsend, TN Commercial Land

      1.49-acre commercial parcel near Great Smoky Mountains National Park.
      8017 E Lamar Alex Pkwy, Townsend, TN 37882
      View Details
    • $162,000

      Townsend, TN Land with RV

      Mountain retreat with Grand Design RV in Sundown Resort.
      Highway 73 lot: 125, Townsend, TN 37882
      View Details
    • $138,000

      Smoky Mountain Resort Lot

      Resort lot with RV near Great Smoky Mountains National Park.
      Highway 73 lot: 63, Townsend, TN 37882
      View Details
    • $400,000

      Townsend, TN Land For Sale

      1.24 acre commercial land with highway frontage in Townsend, TN.
      Parc.128 E Lamar Alexander Parkway, Townsend, TN 37882
      View Details
    • $90,000

      RV Lot in Sundown Resort

      Well-appointed RV lot near Great Smoky Mountains National Park.
      Highway 73 lot: 117, Townsend, TN 37882
      View Details
    • $150,000

      Smoky Mountain Retreat in Townsend

      Turn-key mountain escape near Great Smoky Mountains National Park.
      Highway 73 lot: 162, Townsend, TN 37882
      View Details
    • $115,000

      Smoky Mountain Retreat in Townsend

      Well-maintained lot with mountain views and included 2019 RV.
      Highway 73 lot: 166, Townsend, TN 37882
      View Details
    • $120,000

      Townsend TN Land with Camper

      Lot with camper near Great Smoky Mountain National Park.
      Highway 73 lot: 51, Townsend, TN 37882
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.49 acre building site with mountain views.
    Where is this residential land & home lot located?
    The property is located at 1005 Laurel Road Townsend, TN.
    What is the asking price?
    The asking price for this property is $38,499.
    What are key features of this property?
    This property features: Breathtaking mountain views from a stunning 0.49‑acre building site.; Utilities available at the road: electricity, city water, cable, and Wi‑fi.; Exclusive access to community amenities within a secure gated community, including a golf course, swimming pool, fitness center, and Country Club (additional fees may apply).
    (786) 306-9866
    We can help!
    Listing Contact
    David Chile
    David Chile
    Real Estate License ID: 366045
    Request Owner's contact information
    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
    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

    Thank You for Inquiry
    1005 Laurel Road, Townsend, TN 37882
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!