Commercial Development Land with Two
226 E Main Street Sevierville, TN 37862
226 E Main Street, Sevierville, TN, 37862
$479,900
For Sale
$479,900
COMMERCIAL - Sevierville, TN
Property Size2,762 SF
Lot Size0.75 Acres
Price / SF$173.75
Days on Market261
Property Features for 226 E Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C4, R2
- Parking
- 4
- Parking features
- Driveway
- Standard status
- Active
- APN
- 049K B 055.00, 049K B 054.00, 049K B 043.00
- Size
- 2,762 SF
- Lot size
- 0.75 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 2098
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
Listing Agency
Local Realty Group
(865) 366-1023
132 Cedar St., TN
Listed by
Gracie Mayfield
(865) 318-4387
Added: Oct 31, 2025 Checked: Jul 18 at 5:06 am
MLS# 309063
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This for-sale package includes two separate commercial-zoned properties plus an additional lot, totaling approximately 0.75 acres. The offering features two existing structures that can be remodeled or demolished, along with an included buildable lot. The properties are being sold as-is, and buyers are advised to verify all tax information, square footage, and lot sizes separately for each parcel.
The site is located just off Dolly Parton Parkway and East Main Street, with access toward Downtown Sevierville. The listing notes proximity to downtown-area restaurants, shopping, and other local amenities.
Zoning is listed as C4 and R2, supporting redevelopment scenarios where commercial and residential zoning interplay may be relevant. The combination of multiple parcels, existing structures, and an additional buildable lot can be useful for developers or owners looking to consolidate options and plan future improvements. As the properties are offered in as-is condition, due diligence is recommended for any renovation or demolition plans.
The site is located just off Dolly Parton Parkway and East Main Street, with access toward Downtown Sevierville. The listing notes proximity to downtown-area restaurants, shopping, and other local amenities.
Zoning is listed as C4 and R2, supporting redevelopment scenarios where commercial and residential zoning interplay may be relevant. The combination of multiple parcels, existing structures, and an additional buildable lot can be useful for developers or owners looking to consolidate options and plan future improvements. As the properties are offered in as-is condition, due diligence is recommended for any renovation or demolition plans.
Key Highlights
- Prime Commercial Zoning and Development Potential: Remodel or demolish for new development.
- Strategic Location: Situated just off Dolly Parton Parkway and East Main Street, connecting to Downtown Sevierville.
- Multiple Properties: Includes two commercial‑zoned properties and an additional buildable lot.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.4k | $15.00 |
| − Vacancy | −$4.1k | −$1.50 |
| EGI | $37.3k | $13.50 |
| − OpEx | −$16.8k | −$6.08 |
| NOI | $20.5k | $7.43 |
2,762 SF · lease $15.00/SF/yr · vacancy 10.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$293.0K
$256.4K – $341.8K
NOI $20,508 @ 7.0% cap · market cap 4.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.16M
$1.02M – $1.36M
NOI $81,534 @ 7.0% cap · market cap 16.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Three-lot offering with C4/R2 zoning and existing structures, sold as-is for redevelopment and flexible future use.
Where is this commercial land located?
The property is located at 226 E Main Street Sevierville, TN.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: Prime Commercial Zoning and Development Potential: Remodel or demolish for new development.; Strategic Location: Situated just off Dolly Parton Parkway and East Main Street, connecting to Downtown Sevierville.; Multiple Properties: Includes two commercial‑zoned properties and an additional buildable lot.
