Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Forks Of The River Pkwy Sevierville, TN 37862

    For Sale
    $9,500,000

    Prime Sevierville development land, riverfront.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 18.924-acre commercial land parcel in Sevierville, Tennessee (zip code 37862), presents a unique investment opportunity. Located on Forks of the River Parkway, this property boasts 1,521 linear feet of frontage along the West Prong of the Little Pigeon River and the Sevierville City Greenway, offering stunning natural beauty and serene surroundings. The site features two points of ingress and egress on Forks of the River Parkway, ensuring convenient access and traffic flow. Its Arterial Commercial zoning allows for a variety of development options. The property's proximity to the newly redeveloped Downtown Sevierville Commons District, with its diverse selection of restaurants, retail shops, and entertainment venues, is a significant advantage. A short walk from the County Courthouse, this location offers unparalleled convenience and walkability. The breathtaking views of the Great Smoky Mountains further enhance the property's appeal. This premier multifamily/resort site is poised for exceptional growth and offers an unparalleled opportunity to capitalize on Sevierville's thriving tourism and commercial sectors. The sale is for sale by owner and the asking price is $9,500,000.

    Property Features for 0 Forks Of The River Pkwy

    General Information

    Property type
    Land

    HighLights

    • 18.924‑acre commercial land parcel in Sevierville, TN (37862), priced at $9,500,000.
    • 1,521 linear feet of frontage along the West Prong of the Little Pigeon River and Sevierville City Greenway.
    • Two points of ingress/egress on Forks of the River Parkway.
    • Arterial Commercial zoning allows diverse development options.
    • Across from Downtown Sevierville Commons District and County Courthouse, offering walkability to restaurants, retail, and entertainment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sevierville
    County
    Sevier
    State
    Tennessee
    Longitude
    -83.571682
    Latitude
    35.868316

    Nearby Similar for Sale

    • $585,000
      2,644 SF

      Smoky Mountain Duplex Hideaway

      Two-unit duplex in a peaceful, scenic setting near Gatlinburg.
      4238 A & B, Sevierville, TN 37876
      View Details
    • $585,000
      2,644 SF

      Smoky Mountain Duplex Hideaway

      Two-unit duplex near Gatlinburg, Pigeon Forge, and Great Smoky Mountains.
      4238 A & B, Sevierville, TN 37876
      View Details
    • $775,000
      Pending

      Two Cabins on Wooded Acres

      Two cabins on 2.26 acres near Smoky Mountain attractions.
      2001&1989 Penny Way, Sevierville, TN 37862
      View Details
    • $784,900
      2,016 SF

      Updated Cabin Near Dollywood

      Updated 3-bedroom cabin near Dollywood with strong rental performance.
      1550 Bears Den Way, Sevierville, TN 37876
      View Details
    • New
      $649,900
      3,192 SF

      Sevierville Mixed-Use Property For Sale

      Unique mixed-use property with residential, rental, or commercial potential.
      4205 Birds Creek Rd, Sevierville, TN 37876
      View Details
    • $999,999
      5,312 SF

      Sevierville Commercial Opportunity

      Commercial property in downtown Sevierville with multiple potential uses.
      526 Belle Ave, Sevierville, TN 37862
      View Details

    FAQs

    What type of property is this?
    Land - Prime Sevierville development land, riverfront.
    Where is this land located?
    The property is located at Forks Of The River Pkwy Sevierville, TN.
    What is the asking price?
    The asking price for this property is $9,500,000.
    What are key features of this property?
    This property features: 18.924-acre commercial land parcel in Sevierville, TN (37862), priced at $9,500,000.; 1,521 linear feet of frontage along the West Prong of the Little Pigeon River and Sevierville City Greenway.; Two points of ingress/egress on Forks of the River Parkway.
    (865) 777-3044
    Request Owner's contact information
    Forks Of The River Pkwy Sevierville, TN 37862
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Forks Of The River Pkwy
    Sevierville, TN 37862
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Forks Of The River Pkwy Sevierville, TN 37862
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.