Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Maryville Land with Mountain Views Title is generated by Realmo AI

    Tract 29R5 Chilhowee Mountain Tr, Maryville, TN 37803

    View on Map
    Claim this Listing
    For Sale
    $199,900

    LAND - Maryville, TN

    Lot size:
    5.26 Acres
    Added:
    Apr 17, 2023
    Days on Market:
    1145
    Last Refresh:
    Jun 4 at 10:06 pm

    Property Features for Tract 29R5 Chilhowee Mountain Tr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    125 055.00
    Lot size
    5.26 Acres

    Taxes and HOA fees

    Tax Annual Amount
    427

    We can help!

    Listing Contact
    Bedros Bozdogan
    Bedros Bozdogan

    Listing agent Bedros Bozdogan License #317461

    Listing office Keller Williams Realty 8550 Kingston Pike, Knoxville, TN

    Listing date Apr 17, 2023

    MLS# 1224079 Listing URL

    Copyright © 2026 East Tennessee 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, panoramic views of the Great Smoky Mountains National Park (GSMNP).
    • 5 acre tract located on Chilhowee Mountain, bordering TN State lands and National Park.
    • Completed infrastructure: underground electric, paved roads, and gated entrance.
    • Documented perc test on file stating a minimum 4BR septic system is suitable.
    • Only 20 minutes from downtown Maryville.
    • No time frame to build; choose your own builder.

    Overview

    This 5.26-acre tract is located atop Chilhowee Mountain, the last mountain range before the Great Smoky Mountains National Park, and is situated 20 minutes from downtown Maryville. The property offers panoramic views of the Great Smoky Mountains National Park. Infrastructure is in place, including underground electric, paved roads, and a gated entrance to the community. A documented perc test on file states a minimum 4-bedroom septic system is suitable for the lot. There is no time frame to build, and buyers can choose their own builder. This property is suitable for a primary residence, second getaway, or investment. The community is bordered by Tennessee State lands and the National Park.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Maryville
    County
    Blount
    State
    Tennessee
    Longitude
    -83.980392
    Latitude
    35.610068

    Nearby Similar for Sale

    • $189,900

      Land in Maryville, Tennessee

      Almost one acre of commercial land for sale in Maryville.
      2036 Morganton Rd, Maryville, TN 37801
      View Details
    • $85,000

      Maryville Land with Highway Frontage

      Versatile property with residential and commercial potential on major highway.
      3024 US-411, Maryville, TN 37801
      View Details
    • $125,000

      Residential Land in Maryville, TN

      Subdivision lot with mountain views, near Pistol Creek.
      828 Brookshire Blvd, Maryville, TN 37803
      View Details
    • $700,000

      Maryville Multifamily Investment Opportunity

      2-acre property with 9 occupied mobile homes and one vacant lot.
      943 Turner St, Maryville, TN 37801
      View Details
    • $440,000

      Approved Development Site in Maryville

      Approved development site for 16 condos in Maryville, Tennessee.
      1802 Jett Rd, Maryville, TN 37804
      View Details
    • $249,900

      Land For Sale, Maryville, TN

      5 acre commercial land available in Maryville, Tennessee.
      Wilkinson Pike, Maryville, TN 37803
      View Details
    • $699,900

      Maryville Land with Mountain Views

      60+ acres with panoramic views near Great Smoky Mountains.
      77 & 1-2 Chilhowee Tr, Maryville, TN 37803
      View Details
    • $740,000

      Land in Prime Development Area

      Land for sale in a prime development area near Maryville.
      2738 Carpenters Grade Rd, Maryville, TN 37803
      View Details
    • $549,900

      Maryville Land with Mountain Views

      41.72 acres with panoramic views near Great Smoky Mountains.
      Tract 77 Chilhowee Tr, Maryville, TN 37803
      View Details
    • $279,000

      Residential Land in Blount County

      7.98 acres for custom home in Maryville, Tennessee.
      1124 Galyon Rd, Maryville, TN 37803
      View Details
    • $499,900

      Maryville Land for Development

      4.85 acres in Maryville, Tennessee, ideal for development.
      507 Montvale Rd, Maryville, TN 37803
      View Details
    • $449,900
      2,138 SF

      Maryville Duplex: Investment or Owner-Occupancy

      Centrally located Maryville duplex with income potential and flexible occupancy.
      825-827 Foch St, Maryville, TN 37801
      View Details

    FAQs

    What type of property is this?
    Land - 5+ acre tract with panoramic views near Smoky Mountains.
    Where is this land located?
    The property is located at Tract 29R5 Chilhowee Mountain Tr Maryville, TN.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: Breathtaking, panoramic views of the Great Smoky Mountains National Park (GSMNP).; 5 acre tract located on Chilhowee Mountain, bordering TN State lands and National Park.; Completed infrastructure: underground electric, paved roads, and gated entrance.
    (865) 388-6223
    We can help!
    Listing Contact
    Bedros Bozdogan
    Bedros Bozdogan
    Real Estate License ID: 317461
    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
    Tract 29R5 Chilhowee Mountain Tr, Maryville, TN 37803
    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!