Hospitality Property with Commercial
1701 Birch Drive Sevierville, TN 37876
1701 Birch Drive, Sevierville, TN, 37876
$1,200,000
For Sale
$1,200,000
For sale on 21.68 acres with a main residence, 2BR home, commercial kitchen building, and cell tower included.
Property Size3,491 SF
Lot Size21.68 Acres
Price / SF$343.74
Days on Market128
Property Features for 1701 Birch Drive
General Information
- Standard status
- Active
- Size
- 3,491 SF
- Lot size
- 21.68 Acres
- Property subtype
- Multi-Family
Building Details
- Year Built
- 2002
Listing agency
Karen Whitlock Realty
(865) 314-5881
Listed by
Michael Cole
Source
Compass
Added: Mar 17 Updated: Jul 22 at 9:56AM Checked: Jul 22 at 9:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Karen Whitlock Realty
Investment Insights
Based on property information with market context.
This hospitality-focused property on 21.68 acres includes a large multi-level residence with heated concrete floors, a separate 2-bedroom, 2-bath home with a covered porch, and multiple outbuildings. There is a barn building, a commercial building that houses a commercial kitchen, and a small building at the front that was previously associated with the earlier apple orchard operations. The property also includes four additional septic sites for future development, and the original apple orchard high tunnel area requires coverage after storm damage.
The estate sale is being handled by the executor, and the information provided is from the executor/deceased son. A cell tower is included, with a cited annual amount of $14,283 and a lease that is available for review. The seller notes the property still needs finishing touches, while the layout and existing systems include an in-floor heating setup that functioned for prior occupants.
With the existing commercial kitchen building and multiple residential structures, the site is suited to continuing a hospitality concept, live-in use with additional space, or phased improvements using the identified septic sites.
The estate sale is being handled by the executor, and the information provided is from the executor/deceased son. A cell tower is included, with a cited annual amount of $14,283 and a lease that is available for review. The seller notes the property still needs finishing touches, while the layout and existing systems include an in-floor heating setup that functioned for prior occupants.
With the existing commercial kitchen building and multiple residential structures, the site is suited to continuing a hospitality concept, live-in use with additional space, or phased improvements using the identified septic sites.
Key Highlights
- 21.68‑acre property with a main residence plus a separate 2‑bedroom, 2‑bath home
- Includes a commercial building housing a commercial kitchen, plus additional barn building
- Cell tower included, generating $14,283 per year (lease available) and noted as offered at $240,000
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.4k | $17.88 |
| − Vacancy | −$1.8k | −$0.52 |
| EGI | $60.6k | $17.36 |
| − OpEx | −$15.2k | −$4.34 |
| NOI | $45.5k | $13.02 |
3,491 SF · lease $17.88/SF/yr · vacancy 2.90% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$649.4K
$568.2K – $757.6K
NOI $45,457 @ 7.0% cap · market cap 3.79%
Second Best
Industrial
$480.6K
$420.5K – $560.7K
NOI $33,641 @ 7.0% cap · market cap 2.80%
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M
NOI $103,054 @ 7.0% cap · market cap 8.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bed & breakfasts
Similar For Sale Nearby
Similar Off Market Nearby
- Bear Den — 3237 Bear Mountain Ln, Pigeon Forge, TN 37876
- Red Cedar Lodge — 1482 Red Cedar Ln, Sevierville, TN 37876, United States
- Bear Mountain Retreat — 2905 bear mountain ln, sevierville, tn 37876
- Cabin Vacation — 3119 Bear Mountain Ln, Sevierville, TN 37876, United States
FAQs
What type of property is this?
Bed & breakfast - For sale on 21.68 acres with a main residence, 2BR home, commercial kitchen building, and cell tower included.
Where is this bed & breakfast located?
The property is located at 1701 Birch Drive Sevierville, TN.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 21.68‑acre property with a main residence plus a separate 2‑bedroom, 2‑bath home; Includes a commercial building housing a commercial kitchen, plus additional barn building; Cell tower included, generating $14,283 per year (lease available) and noted as offered at $240,000
