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    1011 Parkway East Gatlinburg, TN 37738

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    For Sale
    $2,300,000

    1.11-acre site near downtown Gatlinburg and Great Smoky Mountains.

    Property size:
    1 SF
    Lot size:
    1.11 Acres

    Property Features for 1011 Parkway East

    General Information

    Size
    1 SF
    Lot size
    1.11 Acres

    Source: Elizabeth Houser Agent Elizabeth Houser

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Gatlinburg Development Opportunity

    This 1.11-acre site is located at 1011 East Parkway and Cartertown Road in Gatlinburg, TN, offering a development opportunity. The site includes utilities and a 720 square foot building. Situated two miles from downtown Gatlinburg and the entrance to the Great Smoky Mountains National Park, the location benefits from high visibility and unobstructed access. The Great Smoky Mountains National Park attracts over 15 million visitors annually. The property is also near attractions such as Dollywood, Ripley's Aquarium, and Anakeesta. The surrounding area is experiencing growth, with new retailers, restaurants, hotels, and attractions expanding along US-321 towards this location. The site is located within 3 miles of Rocky Top Sports Complex, an 80-acre indoor/outdoor sports venue for youths. Traffic counts on US-321 are 15,225 per day.
    Location Intelligence

    Current Use by Public Records

    Southland Car & Jeep ... Car Rental Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Gatlinburg
    County
    Sevier
    State
    Tennessee
    Longitude
    -83.490545
    Latitude
    35.7259212

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    FAQs

    What type of property is this?
    Land - 1.11-acre site near downtown Gatlinburg and Great Smoky Mountains.
    Where is this land located?
    The property is located at 1011 Parkway East Gatlinburg, TN.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - Prime development opportunity: 1.11-acre site with utilities in a high-growth Gatlinburg location.; - Excellent location: Just two miles from downtown Gatlinburg and the Great Smoky Mountains National Park entrance.; - High visibility and unobstructed access on US-321.
    (513) 315-7694
    Request Owner's contact information
    1011 Parkway East Gatlinburg, TN 37738
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    Gatlinburg, TN 37738
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    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
    1011 Parkway East Gatlinburg, TN 37738
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