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Property profile & analytics
OFF-MARKET Estimated value $2,780,000
Retail properties & Spaces

1442 Winfield Dunn Pkwy Sevierville, TN 37876-1500

48,660 SF 3.2 ac lot Built 1994
Entity Owned 3-yr Hold Free & Clear
Property ID
US80-0024317
Property summary
AI-generated overview

This exceptional 48,660 square foot, three-story antique mall presents a compelling investment opportunity in Sevierville, Tennessee. Boasting 100% occupancy with over 200 vendors, this stabilized retail property sits on a 3.2-acre lot along Winfield Dunn Parkway (Highway 66), benefiting from high visibility and significant daily traffic counts (55,826 average). The property, built in 1994, is classified as a Class B storefront with a modified lease structure and a remaining lease term of one year. The asking price is $6,900,000, representing a price per square foot of $141.80 and a 6.00% cap rate. The property's AC Arterial Commercial (C-4) zoning allows for a variety of uses. Located in Sevier County, a thriving tourism hub with over $3 billion in annual revenue and 14 million annual visitors, this property benefits from its proximity to the Sevierville Convention Center, Wilderness at the Smokies, and the Great Smoky Mountains National Park, the nation's most visited national park. The property's location on the inbound side of Highway 66 ensures high visibility and accessibility for tourists entering the area. This is a rare opportunity to acquire a well-established, high-performing retail property in a prime location within a booming tourist destination. The property's legal description is APN 078027 01000, and it is owned by an LLC.

Property profile
Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1994
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 48,660 SF
Lot 3.2 ac (139,392 SF)
Zoning code C-4
APN 078027 01000
UPID US80-0024317
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
Current use
Occupant on record · Public records
  • Hobson Byrd Co. Antiques & Appraisals Home Decor Store (Bike/Boat/Book/etc) Store
  • Green Olde Deal Antique Mall Home Decor Store (Bike/Boat/Book/etc) Store
  • The Random Room Antiques and Collectibles inside The Green Olde Deal Antique Mall Home Decor Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.74M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.01M
Blend (final) Blend
$2.78M
Owner & transaction history
Godam Real Estate LLC · 3 yrs held
Godam Real Estate LLC
since 2023
Last sale
$2.8M
7 recorded transactions
2023
Price N/A
2020
Price N/A
2012
Price N/A
2006
$2.8M
1995
$95,000
1994
$500,000
1969
Price N/A
Zoning & alternative use
C-4 · Sevierville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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