Property profile

0 Old Knoxville Hwy Sevierville, TN 37876

OFF-MARKET
Land
27 ac lot
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Property summary

AI-generated overview

This exceptional 27-acre commercial land parcel in Sevierville, Tennessee, presents a unique development opportunity. Located on Old Knoxville Highway, the property boasts convenient access and is zoned C-5, C-4, and C-3, allowing for a variety of commercial uses. Utility water is readily available, with nearby utility sewer access at the intersection of Old Knoxville Highway and Gists Creek Road. The mostly wooded lot features sloping topography and offers potential long-range mountain views. A significant advantage is the property's adjacency to the Soaky Mountain Waterpark, a major attraction. Its proximity to other key locations, including the Sevierville Convention Center, Wilderness at the Smokies Resort, and Wildwood Indoor Waterpark, further enhances its desirability. Note that a portion of the property fronts the West Prong of the Little Pigeon River; however, this river frontage falls within the FEMA floodway. The property's APN is Map 038, Parcels 011.00 & 011.03, and the zip code is 37876. The asking price is $1,600,000, and the seller will consider partial owner financing. This presents a compelling investment opportunity in a thriving area of Sevier County.

Property profile

Verified
Property type Land
Lot 27 ac (1,176,120 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Old Knoxville Hwy Sevierville, TN 37876
Sevierville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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