Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    249 Mill View Dr Pigeon Forge, TN 37863

    View on Map
    Sponsored
    For Sale
    $695,000

    COMMERCIAL - Pigeon Forge, TN

    Type:Office
    Property size:
    2,414 SF
    Lot size:
    0.43 Acres
    Days on Market:
    7
    Last Refresh:
    Mar 28 at 9:06 am

    Property Features for 249 Mill View Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Window features
    Blinds, Bay Window(s)
    Zoning
    C1
    Rooms
    Basement
    APN
    0.11
    Parking
    20
    Exterior features
    Lighting
    Basement
    Walk-Out Access, Finished, Full
    Size
    2,414 SF
    Lot size
    0.43 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air, Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    2006
    Floors in Building
    3
    Flooring type
    Wood, Carpet, Hardwood
    Building materials
    Stone, Vinyl Siding

    We can help!

    Listing Contact
    Chris Gonzalez

    Pristine Realty

    Listing agent Chris Gonzalez

    Listing date Mar 22, 2026

    MLS# 310808

    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.

    Learn more

    Property Insight Report

    Overview

    Versatile Commercial Property in Pigeon Forge

    Located in Pigeon Forge, this property offers multiple options for use, including office space, income-producing property, or overnight rentals. Situated three blocks from the Parkway, the property features nearly 2,400 square feet of living area. The main level includes hardwood flooring, a full kitchen with appliances, a reception area, one office, and two half baths. The upstairs area contains three offices and two full bathrooms. The finished basement offers an additional office, a conference room area, and a half bath, with access from within the building or via a separate entrance with additional parking. Paved parking is available for up to 20 spaces. The layout can accommodate four bedrooms, two full baths, and three half baths, with the finished basement providing flexibility for offices, meeting space, or living areas. Zoned C-6 Commercial, the property is suitable for professional services, mixed-use, or residential living. The lot size is 0.43 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pristine Realty Real Estate Agency C G Investments/Pristine ... Real Estate Agency

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Skin Care Clinic Department Store Accounting Firm Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Pigeon Forge
    County
    Sevier
    State
    Tennessee
    Longitude
    -83.548192
    Latitude
    35.77432

    Nearby Similar for Sale

    • $999,999
      5,312 SF

      Sevierville Commercial Property For Sale

      Commercial property in downtown Sevierville with multiple potential uses.
      526 Belle Ave, Sevierville, TN 37862
      View Details
    • $835,000
      3,000 SF

      Aircraft Hangar with Pilot's Lounge

      Top-tier aircraft hangar with office and pilot's lounge apartment.
      159 Industrial Park Dr, Sevierville, TN 37862
      View Details
    • $795,000
      1,846 SF

      Log-Look Building on Corner Lot

      Visually appealing commercial building on a corner lot for sale.
      739 Wears Valley Rd, Pigeon Forge, TN 37863
      View Details
    • $499,000
      1,504 SF

      Sevierville Commercial Opportunity For Sale

      Commercial property in Sevierville, remodeled for dog grooming facility.
      1310 Cherokee Circle Dr, Sevierville, TN 37862
      View Details
    • New
      $899,900
      2,976 SF

      Turnkey Income-Producing Cabin Duplex

      Two cabins on 2.77 acres, turnkey and income-producing.
      1805 Shady Grove Rd, Sevierville, TN 37876
      View Details
    • New
      $825,000
      2,808 SF

      Rare Duplex Cabin Near Pigeon Forge

      Duplex cabin ideal for investors or owner-occupiers near attractions.
      3012 Legacy Vista Dr, Sevierville, TN 37876
      View Details
    • Contact for pricing
      1,920 SF

      Prime Commercial Location in Sevierville

      High-visibility commercial property near Pigeon Forge Parkway with remodeling options.
      3136 Easy St, Sevierville, TN 37862
      View Details
    • $1,490,000
      2,681 SF

      Restaurant Opportunity in Sevierville, TN

      Operating restaurant on commercially-zoned lots in Sevierville, Tennessee.
      1818 Winfield Dunn Pkwy, Sevierville, TN 37876
      View Details
    • $445,000
      7.40 Acres

      Pigeon Forge Land Investment Opportunity

      7.4 acres near Pigeon Forge hub with investment potential.
      553 Caney Creek Rd, Pigeon Forge, TN 37863
      View Details
    • $749,000
      2,016 SF

      Updated Cabin Near Dollywood

      Updated 3-bedroom cabin in gated resort, near Dollywood.
      1550 Bears Den Way, Sevierville, TN 37876
      View Details
    • $1,499,900
      3,420 SF

      Turnkey Income-Producing Triplex

      Remodeled triplex in Pigeon Forge, TN, ideal for investors.
      2814 Seth Rd, Pigeon Forge, TN 37863
      View Details
    • $2,150,000
      8,232 SF

      Sevierville Hospitality Property For Sale

      Short-term rental property near Gatlinburg, Pigeon Forge, and Smoky Mountains.
      4155 Dollys Dr, Sevierville, TN 37876
      View Details

    FAQs

    What type of property is this?
    Office building - Commercial property suitable for office, rental, or residential use.
    Where is this office building located?
    The property is located at 249 Mill View Dr Pigeon Forge, TN.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - Zoned C-6 Commercial: Offers multiple options including office, overnight rental, or primary residence; - Prime Location: Situated just three blocks from the Parkway in Pigeon Forge; - Versatile Layout: Features nearly 2,400 sq ft of living area adaptable for office spaces (5 offices, conference room), or residential use (4 bedrooms, 2 full baths, 3 half baths)
    (865) 809-9531
    Request Owner's contact information
    249 Mill View Dr Pigeon Forge, TN 37863
    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.
    249 Mill View Dr
    Pigeon Forge, TN 37863
    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
    249 Mill View Dr Pigeon Forge, TN 37863
    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

    We can help!
    Listing Contact
    Chris Gonzalez
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!