Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3034-3044 Winfield Dunn Pkwy Kodak, TN 37764

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $6,975,000

    Commercial property near I-40 and future Walmart.

    Property size:
    35,866 SF
    Lot size:
    4.73 Acres

    Property Features for 3034-3044 Winfield Dunn Pkwy

    General Information

    Size
    35,866 SF
    Lot size
    4.73 Acres

    We can help!

    Listing Contact
    Linda Julian
    Linda Julian
    Source: Moodyscre

    Listing Agent: Linda Julian

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

    Learn more

    Overview

    Retail Property Near Smoky Mountains

    This commercial property is located on Winfield Dunn Parkway, just off I-40 Exit 407, near Buc-ees, Bass Pro, and a future Walmart Supercenter. Situated at the gateway to the Great Smoky Mountains National Park, which saw over 12 million visitors in 2024, the property benefits from an average daily traffic count exceeding 50,000. The property includes 4.84 acres on 5 lots, featuring 4 buildings constructed between 1981 and 2001, totaling 35,866 square feet. Currently used for retail, the property includes a large warehouse with a loading dock and living quarters. All utilities are available. The property offers endless possibilities for various business ventures.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Pharmacy Auto Parts Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Kodak
    County
    Sevier
    State
    Tennessee
    Longitude
    -83.5954761
    Latitude
    35.9647784

    Nearby Similar for Sale

    • $6,975,000
      35,866 SF

      Prime Commercial Property Near I-40

      Commercial property near I-40, Buc-ees, Bass Pro, future Walmart.
      3034-3044 Winnfield Dunn Pkwy, Kodak, TN 37764
      View Details
    • $449,900
      2,576 SF

      Renovated Tri-Plex in Kodak, TN

      Completely renovated tri-plex with income potential in Kodak, Tennessee.
      2841 Holiday Hills Rd, Kodak, TN 37764
      View Details
    • $465,000
      Pending

      Mobile Home Park in Kodak

      Mobile home park with rental units and vacant lots.
      835 Holbert Ln, Kodak, TN 37764
      View Details
    • $325,000
      1,784 SF

      One-Level Condo Near Attractions

      3-bedroom, 2-bath condo in Kodak, move-in ready and recently painted.
      254 Dumplin Ln, Kodak, TN 37764
      View Details
    • $325,000
      1,268 SF

      One-Level Condo Near Attractions

      3-bedroom, 2-bath condo in Kodak, move-in ready and recently painted.
      254 Dumplin Ln, Kodak, TN 37764
      View Details

    FAQs

    What type of property is this?
    Retail space - Commercial property near I-40 and future Walmart.
    Where is this retail space located?
    The property is located at 3034-3044 Winfield Dunn Pkwy Kodak, TN.
    What is the asking price?
    The asking price for this property is $6,975,000.
    What are key features of this property?
    This property features: - Prime location on Hwy 66 (Winfield Dunn Parkway) near I-40 Exit 407.; - High traffic count of over 50,000 vehicles daily.; - Gateway location to the Great Smoky Mountains National Park.
    (865) 770-4030
    Request Owner's contact information
    3034-3044 Winfield Dunn Pkwy Kodak, TN 37764
    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.
    3034-3044 Winfield Dunn Pkwy
    Kodak, TN 37764
    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
    3034-3044 Winfield Dunn Pkwy Kodak, TN 37764
    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
    Linda Julian
    Linda Julian
    (865) 770-4030
    Learn more
    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.