Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    2A Vlg Cir Fairgarden, TN 37876

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2A Vlg Cir Fairgarden, TN 37876

    View on Map
    • Land
    • 0.16 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2A Vlg Cir

    Lot size
    0.16 lot acres
    Property type
    Land

    Description

    This exceptional 0.16-acre residential lot is situated in the prestigious Shagbark Resort's Village community, Phase A, in Sevierville, Tennessee (zip code 37876). Priced at $65,000, this lot boasts a cleared building pad, making it ideal for constructing your dream cabin or home. The property features underground utilities including electricity, telephone, and internet, ensuring seamless connectivity. The Village offers paved and gravel roads for convenient access. Shagbark Resort itself is a 1300-acre gated community providing 24-hour security, a wealth of amenities, and a unique wildlife preserve setting. Residents enjoy access to a community swimming pool, tennis courts, pickleball courts, and a playground. The resort's location provides easy access to the attractions of Pigeon Forge and Gatlinburg, along with abundant shopping and dining options. The area is known for its stunning mountain views and abundant wildlife, including black bears, wild turkeys, whitetail deer, and raccoons. The lot is being sold as-is. This is a remarkable opportunity to own a piece of this idyllic mountain paradise. Innerimages Inc. is the current owner. The property is zoned for residential use.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fairgarden
    County
    Sevier
    State
    Tennessee
    Longitude
    -83.646
    Latitude
    35.7553

    Comparable in this City

    • Value Estimation by Request
      8.00 Acres

      Smt Vlg Dr

      Land • 8.00 Acres
      0 Smt Vlg Dr, Fairgarden, TN 37876
      View Details
    • Value Estimation by Request
      0.28 Acres

      7AR Vlg Cir

      Land • 0.28 Acres
      7AR Vlg Cir, Fairgarden, TN 37876
      View Details
    • Value Estimation by Request
      18.83 Acres

      2820 Dupont Springs Rd

      Land • 18.83 Acres
      2820 Dupont Springs Rd, Sevierville, TN 37876
      View Details
    • Value Estimation by Request
      2.18 Acres

      Crown Cir

      Land • 2.18 Acres
      0 Crown Cir, Fairgarden, TN 37876
      View Details
    • Value Estimation by Request
      0.27 Acres

      9A Vlg Cir

      Land • 0.27 Acres
      9A Vlg Cir, Fairgarden, TN 37876
      View Details
    • Value Estimation by Request
      0.50 Acres

      12A Vlg Cir

      Land • 0.50 Acres
      12A Vlg Cir, Fairgarden, TN 37876
      View Details

    Similar Nearby for Sale

    • $849,000
      2.18 Acres

      Sevierville Mountain View Land

      2.18 Acres, Panoramic Views, Gated Community
      0 Crown Cir, Fairgarden, TN 37876
      View Details
    • $270,000
      Pending

      Sevierville Land For Sale

      4.6-acre property near Pigeon Forge Parkway, ideal for short-term rentals.
      Helton Rd, Sevierville, TN 37876
      View Details
    • $129,900
      Pending

      Sevierville Land Near Arts Community

      13.42 acres centrally located to Gatlinburg, Pigeon Forge, Sevierville.
      Boogertown Rd, Sevierville, TN 37876
      View Details
    • $289,900
      Pending

      Douglas Lake Waterfront Land Parcel

      5.27 acres with 348 feet of dockable shoreline.
      Pleasure Rd, Sevierville, TN 37876
      View Details
    • $169,000
      2.03 Acres

      Sevierville Land on Gum Stand

      2.03-acre lot ideal for private retreat or vacation rental.
      Gum Stand Rd, Sevierville, TN 37876
      View Details
    • $1,495,000
      192.00 Acres

      Sevierville Land with Panoramic Views

      Rare mountain land with unobstructed views of Smoky Mountains.
      Wilhite Rd & Alpine Dr, Sevierville, TN 37876
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Winnfield Dunn Parkway Ground Lease

      Ground lease opportunity with high visibility and frontage.
      428 Old Douglas Dam Rd, Sevierville, TN 37876
      View Details
    • $8,000 /Mo
      21,780 SF

      Commercial Land on Winfield Dunn

      Prime commercial property with high traffic count available for lease.
      332 Old Douglas Dam Rd, Sevierville, TN 37876
      View Details
    • $10,000 /Mo

      Highway 66 Accessible Land Parcel

      1.36 acres for lease near Highway 66.
      Allensville Rd, Sevierville, TN 37876
      View Details
    • $60,000

      Winfield Dunn Parkway Commercial Land

      Commercial land for ground lease on Winfield Dunn Parkway.
      646 Winfield Dunn Pkwy, Sevierville, TN 37876
      View Details
    • Contact for pricing

      Flex Warehouse Space Available

      2,400 SF flex warehouse space with gated entry.
      2635 Newport Hwy, Sevierville, TN 37876
      View Details
    • $14 SF/Yr
      89,352 SF

      Sevierville Retail Space For Rent

      Large retail space near Winfield Dunn Parkway, Sevierville.
      2270 Two Rivers Blvd, Sevierville, TN 37876
      View Details
    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.
    2A Vlg Cir
    Fairgarden, TN 37876
    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

    2A Vlg Cir, Fairgarden, TN, 37876

    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!