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

    337 Flip Flop Way Loudon, TN 37774

    View on Map
    Sponsored
    Pending
    $120,000

    LAND - Loudon, TN

    Lot size:
    0.56 Acres
    Days on Market:
    19
    Last Refresh:
    Mar 16 at 8:06 am

    Property Features for 337 Flip Flop Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    031E B 012.00
    Lot size
    0.56 Acres

    We can help!

    Listing Contact
    Carrie Dougherty
    Carrie Dougherty

    Realty Executives Associates (865) 693-3232

    Listing agent Carrie Dougherty (865) 804-0998

    Listing date Feb 25, 2026

    MLS# 1321434 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.

    Learn more

    Property Insight Report

    Overview

    Tennessee National Wooded Lot

    This 0.56-acre wooded lot is located in the Ridgetop Retreat section of the gated community of Tennessee National. It is suited for a walkout basement ranch style home. Residents have access to amenities including a marina with boats and covered slips for rent, a 25,000 sq ft clubhouse with dining, fitness facilities, and a venue for weekly social events, a Greg Norman Signature Golf Course, saltwater pools, summer concerts, miles of walking and biking trails, 24-hour gated security with guard, Sunset Saloon, and Top Tracer Driving Range, as well as kayak and paddle board rentals. Upcoming additions include a waterfront restaurant, coffee shop, and pickleball courts. The property is located within miles of historic Downtown Loudon and 20 minutes from Turkey Creek in Knoxville, a hub of retail, restaurants, and medical facilities. Utilities are installed, and streets are paved. A minimum of 2000 sq ft is required to build.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Loudon
    County
    Loudon
    State
    Tennessee
    Longitude
    -84.406956
    Latitude
    35.762163

    Nearby Similar for Sale

    • $775,000
      44.57 Acres

      Loudon Land with Home and Shop

      44.57-acre parcel with home and shop, residential/agricultural potential.
      6005 Davis Ferry Rd, Loudon, TN 37774
      View Details
    • $35,000
      Pending

      Land For Sale in Loudon

      Land available in Loudon, Tennessee.
      272 Ootsima Way, Loudon, TN 37774
      View Details
    • Contact for pricing
      2,400 SF

      Adaptable Commercial Space Available

      Versatile commercial property suitable for various professional uses.
      1127 Grove St, Loudon, TN 37774
      View Details
    • Contact for pricing
      5,670 SF

      Turn-Key Restaurant in Loudon County

      Fully equipped restaurant for sale in high-traffic Loudon County.
      912 Mulberry St, Loudon, TN 37774
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.56 acre wooded lot in Tennessee National gated community.
    Where is this residential land & home lot located?
    The property is located at 337 Flip Flop Way Loudon, TN.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: - Gated community of Tennessee National with 24-hour security; - Access to abundant amenities including a marina, golf course, pools, and trails; - .56 acre wooded lot suitable for a walkout basement ranch
    (865) 693-3232
    Request Owner's contact information
    337 Flip Flop Way Loudon, TN 37774
    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.
    337 Flip Flop Way
    Loudon, TN 37774
    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
    337 Flip Flop Way Loudon, TN 37774
    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
    Carrie Dougherty
    Carrie Dougherty
    (865) 693-3232 (865) 804-0998
    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!