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    Winfield Dunn Pkwy Sevierville, TN 37862

    Sponsored
    For Sale
    $7,350,000

    Prime Sevierville development site, highway frontage.

    Property size:
    68,171 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial development opportunity encompasses three parcels totaling approximately 7.35 acres of land in Sevierville, Tennessee. Strategically located on Winfield Dunn Parkway (Highway 66), this property boasts over 875 feet of highway frontage, experiencing a high daily traffic count of 50,561 vehicles in 2022. Adding to its appeal is approximately 500 feet of Little Pigeon River frontage. The site is zoned Arterial Commercial (C-4) by the City of Sevierville, allowing for a wide range of development possibilities. Its prime location places it between key Sevierville attractions, including the Sevierville Convention Center, Wilderness at the Smokies, and the Sevierville Golf Course, as well as the city's retail area. The property's adjacency to a newly constructed 173-unit multi-family community further enhances its desirability. The asking price is $7,350,000, translating to approximately $750,000 per acre. The total buildable square footage is estimated between 68,171 and 130,680 square feet. This is an owner/user investment opportunity, ideal for development projects. The property is currently vacant and is held under an LLC ownership structure. The APN numbers are available upon request.

    Property Features for 0 Winfield Dunn Pkwy

    General Information

    Property type
    Retail properties
    Square Feet
    68,171 SF
    Class
    A
    Lot Size
    65,340 SF

    HighLights

    • $7,350,000 asking price for a Class A development site.
    • 7.35 acres of commercially zoned land in Sevierville, TN, with various APNs.
    • Located on Winfield Dunn Pkwy (Hwy 66), offering over 875 feet of highway frontage (2022 ADT 50,561) and approximately 500 feet of Little Pigeon River frontage.
    • Ideal location near Sevierville Convention Center, Wilderness at the Smokies, and Sevierville Golf Course.
    • Zoned Arterial Commercial (C‑4), suitable for various commercial developments.
    • Potential building area of 68,171 to 130,680 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sevierville
    County
    Sevier
    State
    Tennessee
    Longitude
    -83.5726299
    Latitude
    35.8808852

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    FAQs

    What type of property is this?
    Retail property - Prime Sevierville development site, highway frontage.
    Where is this retail property located?
    The property is located at Winfield Dunn Pkwy Sevierville, TN.
    What is the asking price?
    The asking price for this property is $7,350,000.
    What are key features of this property?
    This property features: $7,350,000 asking price for a Class A development site.; 7.35 acres of commercially zoned land in Sevierville, TN, with various APNs.; Located on Winfield Dunn Pkwy (Hwy 66), offering over 875 feet of highway frontage (2022 ADT 50,561) and approximately 500 feet of Little Pigeon River frontage.
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    Winfield Dunn Pkwy Sevierville, TN 37862
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    Realmo Value Estimation

    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.

    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.

    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
    Winfield Dunn Pkwy Sevierville, TN 37862
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