Financial
Distress signals
Property profile

1215 Watercrest Way Gatlinburg, TN 37738

OFF-MARKET
Commercial real estate
Property ID
US80-1977434
3,544 SF 1.94 ac lot Built 2008
Last sale Jan 2022 · $2,165,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2021

What does the county charge?
$5k
Tax billed · 2021
Assessed value · 2023$507k
Assessed land$90k
Assessed improvement$417k
Effective rate0.93%

Value estimate

· Sep 2026
$1.94M
$1.75M – $2.13M
AI approach$2.04M
Submarket $/SF estimate$1.67M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$310/SF
County average, outlier-cleaned · 124 recorded sales of this use type
Observed band · Q1–Q3$176 – $472
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R-1
It is the intent of R-1 district to establish low density residential areas along with open areas which appear likely to develop in a sim...
General categoryCOMMERCIAL
JurisdictionSEVIER

Location intelligence

Which uses thrive at this corner?
Best fit: Discount Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Discount Store6.4
Department Store5.5
Realty agency4.9

Location

1215 Watercrest Way Gatlinburg, TN 37738-4648
County assessor Recorded deeds · 6 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
522 Pinnacle Vis, Gatlinburg, TN 37738-6398 $829,000 Jan 2024 3,663 SF
231 Laurel Oaks, Gatlinburg, TN 37738 $899,000 May 2022 3,024 SF
386 Pkwy, Gatlinburg, TN 37738-4962 $3,000,000 Apr 2022 3,979 SF
868 Clf Br, Gatlinburg, TN 37738-4303 $1,275,000 Feb 2021 3,344 SF
708 Bear Walk, Gatlinburg, TN 37738-4458 $925,000 Feb 2021 2,663 SF
915 Elm, Gatlinburg, TN 37738 $970,000 Nov 2020 3,255 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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