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OFF-MARKET
Specialty properties

648 Old Douglas Dam Rd Sevierville, TN 37876

Property ID
Property summary
AI-generated overview

This exceptional Sevierville, TN property at 648 Old Douglas Dam Rd, zip code 37876, presents a unique mixed-use investment opportunity, priced at $1,500,000. The property encompasses several buildings offering diverse income streams. Building #1 and #2 are suitable for retail businesses or restaurants, capitalizing on the area's thriving commercial sector. Building #3 houses a 2022 resident manufactured home, providing additional rental potential or owner occupancy. A detached garage (Building #4) and a large carport (Building #5) offer ample space for boat and RV storage, catering to the recreational tourism prevalent in the region. Currently, an aquarium/coral sales business operates on the site. The property is zoned C-3, allowing for a wide range of commercial uses. Its strategic location between Sevierville's retail and restaurant districts, yet a short drive from Douglas Lake and popular attractions like Pigeon Forge, Dollywood, Gatlinburg, and the Great Smoky Mountains National Park, ensures high visibility and accessibility. The versatility of this property allows for unlimited income potential, making it an attractive investment for those seeking a diverse portfolio. Don't miss the chance to be part of Sevierville's dynamic growth.

Property profile
Verified
Property type Specialty properties
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
Current use
Occupant on record · Public records
  • Colorful Corals (Bike/Boat/Book/etc) Store Pet Store & Service
  • Fresh Aquatics LLC (Bike/Boat/Book/etc) Store Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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