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    Chapman Hwy Seymour, TN 37865

    Sponsored
    For Sale
    $308,000

    1.13-acre commercial lot, high-traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.13-acre commercial land parcel presents a prime investment opportunity in Seymour, Tennessee. Located on Chapman Highway in Sevier County, this C2-zoned property boasts excellent visibility and approximately 235 feet of road frontage, ensuring high traffic counts. Its strategic location near Macon Crossing Shopping Center and Kroger positions it within a thriving commercial corridor experiencing significant growth. The property is ideally suited for a variety of commercial or retail developments. Please note: this property is currently subject to a Sevierville sewer moratorium. A buyer will need to either install a commercial septic system or wait until the completion of a new pump station, anticipated in 2025, to obtain sewer access. A 2-inch sewer line does run along Chapman Highway adjacent to the property. A boundary survey and topographic survey have been commissioned by the seller and will be available upon completion. The asking price for this exceptional opportunity is $308,000. The APN is 045 068.00. This property is a rare find in a rapidly developing area.

    Property Features for 0 Chapman Hwy

    General Information

    Property type
    Land
    Lot Size
    49,223 SF

    HighLights

    • High‑growth area with strong potential for future development.
    • Excellent street visibility for maximum brand exposure.
    • High traffic counts ensure significant customer traffic.
    • Prime location within a thriving commercial corridor.
    • Subject to Sevierville sewer moratorium; buyer responsible for septic system installation or connection to new pump station (projected completion 2025); existing 2" sewer line on Chapman Highway.
    • Boundary and topographic surveys underway, available upon completion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Seymour
    County
    Sevier
    State
    Tennessee
    Longitude
    -83.7678274
    Latitude
    35.8769431

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    FAQs

    What type of property is this?
    Land - 1.13-acre commercial lot, high-traffic area.
    Where is this land located?
    The property is located at Chapman Hwy Seymour, TN.
    What is the asking price?
    The asking price for this property is $308,000.
    What are key features of this property?
    This property features: High-growth area with strong potential for future development.; Excellent street visibility for maximum brand exposure.; High traffic counts ensure significant customer traffic.
    (865) 862-6412
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    Chapman Hwy Seymour, TN 37865
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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
    Chapman Hwy Seymour, TN 37865
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