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    OFF-MARKET
    Commercial real estate

    0 Smt Vlg Dr, Fairgarden, TN 37876

    8 ac lot
    Property ID
    US80-2209356
    Property summary
    AI-generated overview

    Exceptional opportunity to acquire 8 acres of prime residential land in the prestigious Shagbark Resort's Village community in Sevierville, Tennessee (zip code 37876). This property, designated Phase E, offers unparalleled flexibility. Currently platted as up to 40 individual lots (1E-40E), it can be purchased and developed as a single entity or subdivided into individual lots for sale. The property is being sold as-is. Nestled within a gated, secure, 1300-acre wildlife preserve, residents enjoy abundant wildlife viewing opportunities, including black bears, wild turkeys, deer, and raccoons. Shagbark Resort amenities include a 24-hour staffed guard gate, community swimming pool, tennis courts, pickleball courts, and a playground. Its central location provides easy access to the attractions of Pigeon Forge and Gatlinburg, along with abundant shopping and dining options. The asking price for this exceptional development opportunity is $3,999,500. This is a rare chance to own a significant piece of the Smoky Mountains' most desirable real estate. The property is zoned for residential use and is located on Summit Village Dr.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 8 ac (348,480 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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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