Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    820 Old Gate Rd Pigeon Forge, TN 37863

    For Sale
    $7,500,000

    LAND - Pigeon Forge, TN

    Lot size:
    16.22 Acres
    Days on Market:
    22
    Last Refresh:
    Dec 6 at 6:06 am

    Property Features for 820 Old Gate Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    095I B 023.16
    Lot size
    16.22 Acres

    Legacy Property Sales, LLC DBA Keller Willaims (865) 977-0770 [email protected]

    Listing agent Rick Cochran (813) 477-3842

    Listing date Nov 15, 2025

    MLS# 1268331 Listing URL

    Copyright © 2025 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.

    Overview

    Pigeon Forge Land Investment Opportunity

    This 16.22-acre property in Pigeon Forge, Tennessee, presents an investment opportunity. Situated a short walk from the Parkway and directly beside Camp Margaritaville RV Resort & Lodge, the land is zoned R-2, suitable for a hotel, cabin development, mixed residential, high-density housing, or a mobile home/RV park. Alternatively, it could serve as a private estate. Essential utilities, including water, sewer, and electric, are available onsite. The location is minutes from Dollywood, Tanger Outlets, and other Pigeon Forge attractions, with Gatlinburg and the Great Smoky Mountain National Park nearby. The property currently has two occupied cabins used as long-term rentals: one 3-bedroom, 2-bath cabin and one 2-bedroom, 2-bath cabin. The property is currently taxed agricultural.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Skin Care Clinic Department Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Pigeon Forge
    County
    Sevier
    State
    Tennessee
    Longitude
    -83.536302
    Latitude
    35.778409

    Nearby Similar for Sale

    • $6,450,000
      18,258 SF

      Pigeon Forge Multifamily Investment Opportunity

      Sixteen-unit income-generating portfolio with access to top amenities in Pigeon Forge.
      415 Big Bear Way, Pigeon Forge, TN 37863
      View Details
    • $585,000
      2,644 SF

      Smoky Mountain Duplex Hideaway

      Two-unit duplex in a peaceful, scenic setting near Gatlinburg.
      4238 A & B, Sevierville, TN 37876
      View Details
    • $585,000
      2,644 SF

      Smoky Mountain Duplex Hideaway

      Two-unit duplex near Gatlinburg, Pigeon Forge, and Great Smoky Mountains.
      4238 A & B, Sevierville, TN 37876
      View Details
    • $2,419,000
      9,792 SF

      Turnkey Pigeon Forge Multi-Family Investment

      Six furnished short-term rental units near Pigeon Forge Parkway.
      2661 Valley Heights Dr, Pigeon Forge, TN 37863
      View Details
    • $775,000
      Pending

      Two Cabins on Wooded Acres

      Two cabins on 2.26 acres near Smoky Mountain attractions.
      2001&1989 Penny Way, Sevierville, TN 37862
      View Details
    • $784,900
      2,016 SF

      Updated Cabin Near Dollywood

      Updated 3-bedroom cabin near Dollywood with strong rental performance.
      1550 Bears Den Way, Sevierville, TN 37876
      View Details

    FAQs

    What type of property is this?
    Commercial land - 16.22 acres near Parkway with utilities and development potential.
    Where is this commercial land located?
    The property is located at 820 Old Gate Rd Pigeon Forge, TN.
    What is the asking price?
    The asking price for this property is $7,500,000.
    What are key features of this property?
    This property features: - 16.22 acres in the heart of Pigeon Forge, a short walk from the Parkway.; - Utilities (electric, water, and sewer) are already on the property.; - Zoned R-2, allowing for hotel, cabin development, mixed residential, high density, or mobile home/RV park.
    (813) 477-3842
    Request Owner's contact information
    820 Old Gate Rd 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.
    820 Old Gate Rd
    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 Estimation

    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.

    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.

    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
    820 Old Gate Rd 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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.