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Aircraft Hangar with Pilot Lounge
For Sale
$750,000

159 Industrial Park Drive, Sevierville, TN 37862

Commercial Sale, Sevierville, TN

Property Size3,900 SF
Lot Size0.01 Acres
Price / SF$192.31
Days on Market48

Property Features for 159 Industrial Park Drive

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Zoning Airport
Rooms Basement
Parking 2
Parking features Driveway
Directions Main St from Sevierville heading east out of town. Turn right at Walmart across from Sevier County High School onto Industrial Park Dr. Drive to the end, past fire station and turn right at the fence. Drive to the gate and call Randy to get access.
Subdivision Sevierville
Special listing conditions Third Party Approval
Standard status Active
Size 3,900 SF
Lot size 0.01 Acres

Taxes and HOA fees

Tax Year 2026

Utilities

Sewer type Public Sewer
Heating system Ductless (Heating), Wall Furnace
Cooling system Ductless, Ceiling Fan(s)
Water source Public

Amenities

office
full bathroom
storage room
gas heat
tankless gas water heater
insulated construction
bi-fold door

Building Details

Year built 2025
Floors in Building 2
Flooring type Concrete
Building materials Metal Siding, Steel Frame, Steel Siding
Additional Structures Airplane Hangar
Listing Agency: 10 Realty, LLC
Listed By: Randy Bable · License #340077
Added: Jul 24 Changed: Sep 6 Last Checked: Sep 9 at 7:06PM
MLS# 312957

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.

Investment Insights

Based on property information with market context.

This aviation property includes approximately 3,000 square feet of hangar space beneath a finished pilot lounge apartment of approximately 900 square feet. The steel-framed structure has insulated construction, a 50' x 20' bi-fold aircraft door, concrete flooring, gas heat, a tankless gas water heater, office space, storage, and a full bathroom. The upper level provides a kitchen, living area, bedroom, and bathroom.

Located at Gatlinburg Pigeon Forge Airport (KGKT), the property is zoned Airport and includes public water and public sewer. The sale conveys the hangar improvements only, together with assignment of the existing airport ground lease; no fee simple real estate is included. The lease is currently in Year 4 of a 30-year term, and transfer remains subject to airport approval. The airport is in Sevierville, Tennessee, near Gatlinburg, Pigeon Forge, Dollywood, and Great Smoky Mountains National Park.

Key Highlights

  • Approximately 3,000 square feet of hangar space
  • 50' x 20' bi‑fold door for aircraft access
  • Approximately 900‑square‑foot finished pilot lounge apartment

Property Analytics

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Current Use

10 Realty Real Estate Agency Randy Bable, 10 ... Real Estate Agency

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Parking Lot & Garage Garden Center Furniture & Home Goods Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

575
Businesses Nearby

Demographics for 37862, TN

23,236
Population
13,676
Households
1.7
Avg Household Size
43
Median Age
23%
College-Educated
87%
High-School Grad
81.8 sq mi
ZIP Area
284
Density / Sq Mi
$58,110
Median Household Income
$31,490
Median Earnings
$956
Median Rent
$283,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Aviation real estate - Steel-framed aviation facility with an integrated pilot lounge, office, full kitchen, and bathrooms.
Where is this aviation real estate located?
The property is located at 159 Industrial Park Drive Sevierville, TN.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Approximately 3,000 square feet of hangar space; 50' x 20' bi‑fold door for aircraft access; Approximately 900‑square‑foot finished pilot lounge apartment
More about this property
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