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Remodeled Mixed-Use Property

739 W Main St, Sevierville, TN 37862

For Sale
$399,000

Two-bedroom, three-bath property with C-4 zoning and potential for office, residential, or short-term rental use.

Property Size1,352 SF
Lot Size1.80 Acres
Price / SF$295.12
Days on Market51

Property Features for 739 W Main St

General Information

Standard status Active
Size 1,352 SF
Lot size 1.80 Acres
Zoning C-4

Additional Details

Road Access Yes

Building Details

Year Built 1946
Buildings 2
Listing Agency: Hitt Real Estate
Listed By: Tara D'Andrea
Source: Fiddletreerealty
Added: Sep 22 Changed: Nov 7 Last Checked: Nov 10 at 1:33PM

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 Hitt Real Estate

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Investment Insights

Based on property information with market context.

This remodeled mixed-use property combines a two-bedroom, three-bath layout with a range of stated commercial and residential applications. The building dates to 1946 and includes updated features, along with a separate outdoor storage building. Its configuration supports consideration for office space, a primary residence, or a short-term rental, subject to applicable requirements.

Set at 739 W Main St in downtown Sevierville, the property occupies 1.8 acres and includes on-site parking. The location is described as being near area attractions and everyday conveniences, with access from Main Street. C-4 zoning is in place, and the property offers a flexible setting for office, residential, or short-term rental use.

Key Highlights

  • 1.8‑acre mixed‑use property at 739 W Main St, Sevierville, TN 37862
  • C‑4 zoning supports the stated commercial and residential use possibilities
  • Remodeled 2‑bedroom, 3‑bath building

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,157
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$383,140 $383.1K
Cap Rate 7%
$273,671 $273.7K
Cap Rate 9%
$212,856 $212.9K
Market Conditions
NOI Build-Up for 1,352 SF
Gross rent
$31.2K $23.04/SF
− Vacancy
−$5.6K −$4.15/SF
EGI
$25.5K $18.89/SF
− OpEx
−$6.4K −$4.72/SF
NOI
$19.2K $14.17/SF
Area
Sevier County, TN
Vacancy
18.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$383,140
Cap Rate 7%
$273,671
Cap Rate 9%
$212,856

Alternative Uses

Best Use
Office B
$273.7K
$239.5K – $319.3K (±1% cap)
NOI $19,157 @ 7.0% cap · market cap 4.80%
Second Best
Mixed Use
$239.9K
$209.9K – $279.9K (±1% cap)
NOI $16,792 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$570.2K
$498.9K – $665.2K (±1% cap)
NOI $39,911 @ 7.0% cap · market cap 10.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Law Firm Electrical Service Storage Facility HVAC Service Real Estate Agency (Bike/Boat/Book/etc) Store

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
Paved road access

Location Intelligence

Trade Area within ½ mile

193
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
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-bedroom, three-bath property with C-4 zoning and potential for office, residential, or short-term rental use.
Where is this mixed-use property located?
The property is located at 739 W Main St Sevierville, TN.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 1.8‑acre mixed‑use property at 739 W Main St, Sevierville, TN 37862; C‑4 zoning supports the stated commercial and residential use possibilities; Remodeled 2‑bedroom, 3‑bath building
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