0 Stadium Dr Kodak, TN 37764
This exceptional commercial land offering presents a unique investment opportunity in Sevierville, Tennessee. Located on Stadium Drive, off I-40 Exit 407, this property boasts unparalleled visibility and accessibility, situated directly across from the Tennessee Smokies Baseball Park. The site is zoned C-5 Tourist Commercial District and offers flexible parcel sizes ranging from 1.24 to 3.1 acres, allowing for diverse development options. Its prime location at one of the busiest sections of I-40, a gateway to the Smoky Mountains (a top 15 US tourist destination with over 12 million visitors in 2022), ensures high traffic volume and exposure. The property benefits from its proximity to the recently opened Buc-ee's Travel Stop, further enhancing its commercial appeal. While the Tennessee Smokies are slated to relocate in 2025, and the Eastern Band of Cherokee Indians are developing adjacent land, the long-term potential of this location remains exceptionally strong, given Sevierville's thriving tourism industry and its reputation as Dolly Parton's hometown, known for its attractions, shopping, dining, and outdoor activities. The asking price is $2,250,000, with a land value of $725,806.45 per acre. This presents a compelling opportunity for developers seeking a high-impact location in a rapidly growing market. The property is ideally suited for restaurant, hotel, or retail development.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.