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    The Largest CRE Database in the US with Over 1 Million Listings

    4130 Tro Way Gatlinburg, TN 37738

    Sponsored
    For Sale
    $1,475,000

    MULTI_FAMILY - Other - Gatlinburg, TN

    Property size:
    3,554 SF
    Lot size:
    3.00 Acres
    Days on Market:
    40
    Last Refresh:
    Feb 3 at 8:06 am

    Property Features for 4130 Tro Way

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    A1
    Rooms
    Bathroom 2, Bedroom 3, Bedroom 2, Basement, Bedroom 4, Bedroom 1, Bedroom 5, Bathroom 5, Bathroom 1, Bathroom 3, Bathroom 6, Bathroom 4
    Bedrooms
    5
    Bathrooms
    6
    APN
    107 080.00
    Patio and Porch features
    Porch
    Interior features
    High Speed Internet
    Fireplace
    1
    Appliances
    Disposal
    Size
    3,554 SF
    Lot size
    3.00 Acres

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Private

    Building Details

    Year built
    1996
    Floors in Building
    1
    Flooring type
    Carpet, Wood
    Building materials
    Log
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Ryan Coleman
    Ryan Coleman

    Hometown Realty LLC (865) 898-0027

    Listing agent Ryan Coleman (865) 898-0027

    Listing date Dec 26, 2025

    MLS# 307348

    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

    Gatlinburg Cabins: Income-Producing Portfolio

    Located in the Gatlinburg Arts and Crafts district, this property features four income-producing log cabins set among mature hardwoods and wildflowers. The cabins are near downtown Gatlinburg, Pigeon Forge, and Dollywood. Cabin 4130 offers 1,486 sq ft with 2 bedrooms and 2 full baths, a covered front porch, and a hot tub. The great room includes a stone fireplace, wood finishings, a full kitchen with ample cabinet storage, and a main floor bathroom with a jetted soaking tub and separate walk-in shower. One bedroom is on the main level, with a second bedroom off the game loft, which has an ensuite bathroom with a walk-in shower. Cabin 4110 is an 876 sq ft cabin with 1 bedroom and 1.5 bathrooms. It features an open concept floor plan with natural light, a living room fireplace, a full kitchen with a dining area, and a jacuzzi tub. The loft includes a half bath. The rear deck has a hot tub. The HVAC system is approximately 2-3 years old. Cabin 4108 is a 596 sq ft, 1-bedroom, 1-bath cabin with updated flooring and fresh paint. It has a vaulted open layout with a living room fireplace and a full kitchen. The bedroom includes an in-room jetted soaking tub and a full ensuite bathroom with a tub/shower combo. The hot tub deck offers wooded views. Cabin 4106, also 596 sq ft with 1 bedroom and 1 bathroom, features a vaulted great room, a fireplace, an in-room jetted soaking tub, and a full ensuite bath with a tub/shower combo. The decks offer views. The total property size is 3,554 square feet on a 3-acre lot. The cabins have new roofs, flooring, exterior stain, and fresh interior paint and are currently cash flowing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Real Estate Agency Spa & Massage Center Hair Salon Kitchen & Bath Showroom Bar & Pub Cafe & Coffee Shop Bakery (Bike/Boat/Book/etc) Store Shopping Center & Mall Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Gatlinburg
    County
    Sevier
    State
    Tennessee
    Longitude
    -83.463621
    Latitude
    35.757577

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    FAQs

    What type of property is this?
    Hotel - Four income-producing log cabins in Gatlinburg Arts and Crafts district.
    Where is this hotel located?
    The property is located at 4130 Tro Way Gatlinburg, TN.
    What is the asking price?
    The asking price for this property is $1,475,000.
    What are key features of this property?
    This property features: - Four income-producing log cabins in the Gatlinburg Arts and Crafts district, offering a cash-flowing investment opportunity ideal for a 1031 Exchange.; - Prime location near downtown Gatlinburg, Pigeon Forge, Dollywood, and other attractions.; - Each cabin is well-maintained with recent updates including new roofs, flooring, exterior stain, and fresh interior paint.
    (865) 898-0027
    Request Owner's contact information
    4130 Tro Way Gatlinburg, TN 37738
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    Gatlinburg, TN 37738
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    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
    4130 Tro Way Gatlinburg, TN 37738
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    We can help!
    Listing Contact
    Ryan Coleman
    Ryan Coleman
    (865) 898-0027
    Learn more
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