Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Residential Land in Seymour, TN Title is generated by Realmo AI

    Mountain Grove Lane, Seymour, TN 37865

    View on Map
    Claim this Listing
    For Sale
    $49,500

    LAND - Seymour, TN

    Lot size:
    0.74 Acres
    Added:
    Mar 31, 2026
    Days on Market:
    54
    Last Refresh:
    May 23 at 7:06 am

    Property Features for Mountain Grove Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    024
    Lot size
    0.74 Acres

    Taxes and HOA fees

    Tax Annual Amount
    78

    Utilities

    Utilities
    Cable Available

    We can help!

    Listing Contact
    Darrell L. Tipton

    Listing agent Darrell L. Tipton

    Listing office Realty Executives Associates 1213 W Lamar Alexander Pkwy, Maryville, TN

    Listing date Mar 31, 2026

    MLS# 1334720 Listing URL

    Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Large .74‑acre vacant building lot
    • Utilities already in place (water, power, natural gas, internet)
    • Located at the end of a quiet cul‑de‑sac
    • Private and secluded setting
    • Ready for immediate development
    • Cable available

    Overview

    This 0.74-acre vacant building lot is located at the end of a quiet cul-de-sac. The private setting is suitable for building a home with minimal traffic. The property is ready for immediate development, with utilities already in place, including water, power, natural gas, and internet. The property is located in Seymour, Tennessee, in Sevier County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Seymour
    County
    Sevier
    State
    Tennessee
    Longitude
    -83.709773
    Latitude
    35.930172

    Nearby Similar for Sale

    • $364,900
      3,417 SF

      Seymour Multi-Family Investment Opportunity

      Multi-family property in Seymour, TN with income potential.
      108 N Knob Creek Rd, Seymour, TN 37865
      View Details
    • $259,900

      Unrestricted Land in Seymour, TN

      5.75 acres of unrestricted land to build your dream home.
      646 N Shiloh Rd lot: #3, Seymour, TN 37865
      View Details
    • $214,900

      Seymour, TN Land with Views

      0.99-acre parcel with mountain views in Seymour Air Park.
      1745 Seymour Air Park Drive, Seymour, TN 37865
      View Details
    • $899,900

      Farmhouse on 41 Acres

      Farmhouse on 41 acres with mountain views and creeks.
      Sauls Rd, Seymour, TN 37865
      View Details
    • $180,000

      Seymour Land with Mountain Views

      7.32-acre property with mountain views, convenient to Knoxville and Sevierville.
      Carr Rd, Seymour, TN 37865
      View Details
    • $425,000
      3,300 SF

      Seymour Multifamily/Mixed-Use Opportunity

      Updated 8BR/4Bath property suitable for residential or commercial use.
      329 Boyds Creek Hwy, Seymour, TN 37865
      View Details
    • $2,450,000
      4,129 SF

      Seymour Restaurant Opportunity For Sale

      Full-service restaurant in Seymour, TN, with FF&E and ample parking.
      10321 Chapman Highway, Seymour, TN 37865
      View Details
    • $399,000

      Commercial Lot on Chapman Highway

      Commercial lot with high traffic and road frontage in Seymour, TN.
      CHAPMAN HIGHWAY, Seymour, TN 37865
      View Details
    • $149,900

      Mountain Top Building Acreage

      Land with stunning panoramic views, close to Smoky Mountains.
      036 Happy Creek Road, Seymour, TN 37865
      View Details
    • $196,209
      880 SF

      Renovated Multi-Family Investment Opportunity

      Renovated multi-family property in Seymour, TN with income potential.
      1063 Boyds Creek Highway, Seymour, TN 37865
      View Details
    • $35,000

      Residential Land in Seymour, TN

      Residential land for sale in a desirable Seymour neighborhood.
      Cherokee Tr, Seymour, TN 37865
      View Details
    • $30,000

      Seymour Land with Creek

      0.62 acre lot in Nails Creek area.
      Burnett Station Rd lot: 2, Seymour, TN 37865
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.74-acre vacant lot ready for immediate development.
    Where is this residential land & home lot located?
    The property is located at Mountain Grove Lane Seymour, TN.
    What is the asking price?
    The asking price for this property is $49,500.
    What are key features of this property?
    This property features: Large .74‑acre vacant building lot; Utilities already in place (water, power, natural gas, internet); Located at the end of a quiet cul‑de‑sac
    (865) 983-0011
    We can help!
    Listing Contact
    Darrell L. Tipton
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Mountain Grove Lane, Seymour, TN 37865
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!