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128 River Bend Dr, Sevierville, TN 37876
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Property summary
AI-generated overview
This exceptional Sevierville, Tennessee industrial property, located at 128 River Bend Dr, 37876, offers 162,698 square feet of versatile space ideal for manufacturing, warehousing, or distribution. The single-story building, constructed in 1989, sits on a substantial 20-acre lot and boasts a 30-foot ceiling height, providing ample room for operations and storage. The property is currently fully vacant and available for lease, with a minimum divisible space of 50,000 square feet and the potential to lease the entire 162,698 square feet contiguously. Convenient access is provided by five loading docks and two drive-in doors, ensuring efficient loading and unloading. Ample parking is available with 225 spaces. The property is zoned for industrial use and is situated in Sevier County. This prime location offers significant potential for businesses seeking a large, functional space in a thriving area. The property's size and features make it suitable for a variety of industrial operations, offering a unique opportunity for a single large tenant or multiple smaller tenants. Inquire today to learn more about this exceptional opportunity.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
124,975 SF
Lot
20 ac (871,200 SF)
Zoning code
I-1
APN
078050 07001
UPID
US80-1234669
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Industrial Manufacturer Production Facility
-
Industrial Manufacturer Production Facility
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.49M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.22M
Owner & transaction history
since 2023
Last sale
$3.3M
2 recorded transactions
Zoning & alternative use
I-1 · Sevierville, TN
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$3.22M
Value range
$2.90M – $3.54M
±10% around blend
Estimated value / SF
$26 / SF
Confidence
Property data
100
Comparable evidence
60
$2.90M
blend $3.22M
$3.54M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
124,975 SF
Lot area
20 ac
Year built
1989
Stories
1
APN
078050 07001
Zoning
I-1
Assessed value
$1,341,640
Annual tax
$19,856
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.22M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.25M
Move the market yield to see immediate price impact.
Value / SF
$26
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$205k
$4.10M
$2.92M
$2.28M
$228k
$4.55M
$3.25M
$2.53M
$250k
$5.01M
$3.57M
$2.78M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$19,856
Tax year 2021
Assessed value
$1,341,640
Assessed 2023
Previous assessed
$1,341,640
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$160,000
Assessed improvement
$1,181,640
Land market value
$400,000
Improvement market value
$2,954,100
Total market value
$3,354,100
Applied tax rate
78.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
14
Total area
124,975 SF
Lot
20 ac (871,200 SF)
Zoning code
I-1
APN
078050 07001
UPID
US80-1234669
Jurisdiction
SEVIER
Zoning & alternative use
I-1 · Sevierville, TNZoning I-1 · permitted uses
I-1 · Sevierville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
14
Lot
20 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
I-1
Jurisdiction
Sevierville, TN
Recorded code
I-1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I-1 in Sevierville, TN.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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