Remodeled Office and Creative
465 Glades Road Gatlinburg, TN 37738
For Sale
$435,000
Fully remodeled commercial building with C-5 zoning and a dedicated side section for workshop or storage use.
Property Size2,200 SF
Price / SF$197.73
Days on Market48
Property Features for 465 Glades Road
General Information
- Standard status
- Active
- Size
- 2,200 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1960
Listing Agency:
Century 21 MVP
(865) 410-0177
Listed By:
Amber Brown
(865) 410-0177
Source:
Xome
Added: Jun 7
Changed: Jul 24
Last Checked: Jul 24 at 5:51AM
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 Century 21 MVP
Investment Insights
Based on property information with market context.
This fully remodeled commercial property is set up for flexible use with a layout currently operating as an office for a cabin rental company. The interior has been updated to provide a clean, modern work environment, and there is a large side section of the building that can be used for workshop space, storage, or expansion.
The property is located at 465 Glades Road in Gatlinburg, TN and is zoned C-5, which supports a range of commercial activities described in the remarks. The building also benefits from road frontage and drive-by exposure.
With its remodeled interior, adaptable rooming, and additional side area for operational needs, the property offers a straightforward configuration for continued office use or an easier conversion to another concept within the C-5 framework.
The property is located at 465 Glades Road in Gatlinburg, TN and is zoned C-5, which supports a range of commercial activities described in the remarks. The building also benefits from road frontage and drive-by exposure.
With its remodeled interior, adaptable rooming, and additional side area for operational needs, the property offers a straightforward configuration for continued office use or an easier conversion to another concept within the C-5 framework.
Key Highlights
- Fully remodeled commercial building (Year built 1960) with C‑5 zoning in Gatlinburg
- C‑5 zoning supports a range of uses including professional offices, retail, bed and breakfasts, and wedding chapels
- Dedicated side section can be used for workshop space, storage, or expansion
Financial Insights For Office B
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 | $50.7k | $23.04 |
| − Vacancy | −$9.1k | −$4.15 |
| EGI | $41.6k | $18.89 |
| − OpEx | −$10.4k | −$4.72 |
| NOI | $31.2k | $14.17 |
2,200 SF · lease $23.04/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$445.3K
$389.7K – $519.6K
NOI $31,173 @ 7.0% cap · market cap 7.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$927.8K
$811.8K – $1.08M
NOI $64,944 @ 7.0% cap · market cap 14.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
SmokyMountains.com
Vacation Rental
Rock the Party
Nightclub
FAQs
What type of property is this?
Office building - Fully remodeled commercial building with C-5 zoning and a dedicated side section for workshop or storage use.
Where is this office building located?
The property is located at 465 Glades Road Gatlinburg, TN.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Fully remodeled commercial building (Year built 1960) with C‑5 zoning in Gatlinburg; C‑5 zoning supports a range of uses including professional offices, retail, bed and breakfasts, and wedding chapels; Dedicated side section can be used for workshop space, storage, or expansion
