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Property profile & analytics
OFF-MARKET Estimated value $1,405,000
Commercial real estate

231 Historic Nature Trl Gatlinburg, TN 37738-3323

5,521 SF 1.72 ac lot Built 1963
Entity Owned Free & Clear
Property ID
US80-1376329
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1963
Total area 5,521 SF
Lot 1.72 ac (74,923 SF)
Zoning code C-1
APN 078126N D 00602
UPID US80-1376329
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
$1.06M
Comparable Approach Comparable
$1.54M
Blend (final) Blend
$1.41M
Owner & transaction history
ILM RENTALS
ILM RENTALS
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
Top alternative use upside
Restaurant $2.3M +35.0%
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