Property profile

0 Crown Cir Fairgarden, TN 37876

OFF-MARKET
Commercial real estate
Property ID
US80-2209356
2.18 ac lot
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Property summary

AI-generated overview

This exceptional 2.18-acre property in Sevierville, Tennessee, offers breathtaking panoramic views of five mountain ranges. Located within the gated Shagbark Resort's exclusive Village community, this land presents a unique opportunity. Currently platted for up to twelve lots (Lots 1B-11B, and 1R), it can be purchased and developed as a single large estate or subdivided into multiple residential parcels. The property is undergoing a resurvey to create two larger lots (1-B and 2-B), each with potential for further subdivision. Lot 1-B will encompass approximately 1.05 acres and potentially six individual lots, while Lot 2-B will comprise roughly 1.29 acres and potentially seven individual lots. Buyers have the flexibility to configure the lots to their specifications. Infrastructure is already in place, including engineered plans, surveying, platting, and approvals. Stone base roads with drainage systems are established, and selective clearing, building pads, and stubbed underground utilities are complete. High-speed internet access (including AT&T FiOS) and telephone service are available. The property's multi-use zoning allows for single-family, multi-family, or a combination of housing types, even potentially a large, multi-building estate. The 1300-acre Shagbark Resort provides a secure environment with 24-hour security, a community swimming pool, tennis courts, pickleball courts, a playground, and more. Enjoy easy access to Pigeon Forge, Gatlinburg, and the many attractions of the Smoky Mountains. Individual septic systems and wells will be required for each developed lot. The asking price is $849,000. Ownership is held by Innerimages Inc.

Property profile

Verified
Property type Commercial real estate
Lot 2.18 ac (94,961 SF)
UPID US80-2209356

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Crown Cir Fairgarden, TN 37876
Fairgarden metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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