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Property profile & analytics
OFF-MARKET Estimated value $535,000
Turn key restaurants

1103 Pkwy Parkway Gatlinburg, TN 37738-3107

10,525 SF 0.38 ac lot Built 1960
Entity Owned 17-yr Hold Absentee Owner Free & Clear
Property ID
US80-0278159
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1960
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,525 SF
Lot 0.38 ac (16,553 SF)
Zoning code C-1
APN 078126N B 01600
UPID US80-0278159
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
$420k
CAP Approach CAP
by Request
Comparable Approach Comparable
$654k
Blend (final) Blend
$535k
Owner & transaction history
Obo Properties LLC · 17 yrs held
Obo Properties LLC
since 2009
3 recorded transactions
2013
Price N/A
2009
Price N/A
2003
$119,220
Zoning & alternative use
C-1 · Gatlinburg, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

residential uses in the C-1 (Central Business) District, with the exception of lodging establishments such as Hotels, Motels, Bed and Breakfasts, and similar services. Where there is a combination of uses on a lot, the required number of parking spaces shall be the sum of that found for each use; this regulation is not applicable to us es located within the…

Zone name Tourist Commercial
General category INDUSTRIAL
Zone area 204.48 ac
Source Documents | City of Gatlinburg
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