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    234 Caton Rd Sevierville, TN 37862-7002
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    Property profile & analytics

    234 Caton Rd, Sevierville, TN 37862-7002

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    • Warehouses
    • 10,450 SF
    • 10.54 lot acres
    Off-Market
    Last Sale Jun 30, 2023
    $9,696,800
    Property ID
    US80-1352026
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $9,560,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 234 Caton Rd

    Year built
    1975
    Lot size
    10.54 lot acres
    Zone code
    C-3
    Property type
    Warehouses
    APN
    078072 06500
    APU
    7807206500

    Description

    This exceptional 10.54-acre commercial land parcel in Sevierville, Tennessee, presents a remarkable investment opportunity. Located at 234 Caton Rd, Sevier County, zip code 37862, the property boasts a C3 zoning designation, allowing for a diverse range of commercial developments. Currently approved for a mixed-use project, the plans include 90 townhomes (duplex and fourplex layouts, each featuring three bedrooms, 3.5 bathrooms, and 1,500 square feet), a 162-room hotel complete with a rooftop bar and restaurant, and a spacious event venue/banquet hall capable of accommodating over 300 guests. The proposed development also incorporates a comprehensive amenity package designed to enhance resident and guest experiences. This includes an indoor/outdoor lagoon-style pool, hot springs, a state-of-the-art gym, a recreation center, an outdoor kitchen, and a dog park. Conveniently situated near Tanger Outlets and with direct access via walking paths, the property enjoys exceptional visibility and proximity to major attractions in Pigeon Forge and Gatlinburg, as well as Interstate 40. While the existing plans provide a solid foundation, the property offers new ownership the flexibility to adapt and create a customized development tailored to their vision. The asking price for this prime investment is $10,500,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $9,445,000
      ML approach
      $9,395,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Sevierville
    County
    Sevier
    State
    Tennessee
    Longitude
    -83.5696
    Latitude
    35.8299
    CBSA code
    42940
    CBSA name
    SEVIERVILLE, TN MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $2,946
    $127,840
    $45,840
    $173,680
    -
    $319,600
    $114,600
    $434,200
    More about this property
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