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    OFF-MARKET
    Land

    0 Old Knoxville Hwy, Sevierville, TN 37876

    27 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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