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Property profile & analytics
OFF-MARKET Estimated value $660,000
Motels

207 Reagan Dr Gatlinburg, TN 37738

13,783 SF 8036 ac lot Built 1987
Entity Owned 22-yr Hold ~ Est. High Equity
Property ID
US80-3465399
Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1987
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 13,783 SF
Lot 8036 ac (350,048,160 SF)
Zoning code C-2
APN 078126N F 00100
UPID US80-3465399
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$660k
Owner & transaction history
Gatlinburg Reagan Lodging INC · 22 yrs held
Gatlinburg Reagan Lodging INC
since 2004
5 recorded transactions
2007
Price N/A
2004
$2.2M
2002
Price N/A
2002
$1.9M
1969
Price N/A
Zoning & alternative use
C-2 · Gatlinburg, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Commercial District, C-2 General Business District, and/or C-5 Crafts Commercial District. OWNER: Any person, agent, firm, or corporation having a legal or equitable interest in the property. PARKING LOT: An open area, other than a street, used for the parking of automobiles. PARKING SPACE : A space within a building or private or public parking lot, exclusi…

Zone name General Business
General category COMMERCIAL
Zone area 1,413.24 ac
Source Documents | City of Gatlinburg
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