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    1950 Lafayette Rd New Market, TN 37820

    For Sale
    $399,000

    LAND - New Market, TN

    Lot size:
    9.21 Acres
    Days on Market:
    40
    Last Refresh:
    Dec 14 at 11:06 pm

    Property Features for 1950 Lafayette Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    A-1
    APN
    014.02
    Lot size
    9.21 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Septic Tank, Septic Needed
    Water source
    Public

    Prime Mountain Properties (865) 465-3040 [email protected]

    Listing agent Emili Spangler (423) 327-1972

    Listing date Nov 5, 2025

    MLS# 305168 Listing URL

    Copyright © 2025 Great Smoky Mountains 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.

    Overview

    New Market Land with Pond

    This property features over 9 acres of land with rolling hills, open pastureland, and a pond that can be restored. A vacant barn is present on the land. A cut-in road, driveway, and both temporary and permanent electric poles are included. City water is already in place, and the homesite has completed soil work. The property is located between the 407 exit to Sevierville, Pigeon Forge, and Gatlinburg and the 412 exit to Downtown Dandridge and Lake Douglas, providing access to Knoxville and Morristown. The land is zoned A-1 and is located in New Market, Tennessee.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    New Market
    County
    Jefferson
    State
    Tennessee
    Longitude
    -83.572305
    Latitude
    36.027082

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    FAQs

    What type of property is this?
    Land - 9+ acre land with pond, ready for your vision.
    Where is this land located?
    The property is located at 1950 Lafayette Rd New Market, TN.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Over 9 acres of land with rolling hills and open pastureland.; - Conveniently located between the 407 and 412 exits, providing easy access to Sevierville, Pigeon Forge, Gatlinburg, Dandridge, and Lake Douglas.; - City water is already in place.
    (423) 327-1972
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    New Market, TN 37820
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    Realmo Value Estimation

    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.

    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.

    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
    1950 Lafayette Rd New Market, TN 37820
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