0 Old Knoxville Hwy, Sevierville, TN 37876
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.