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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Turn key restaurants
2391 Pkwy Parkway Pigeon Forge, TN 37863-3286
Entity Owned
3-yr Hold
Free & Clear
Property ID
US80-0892121
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2005
Total area
23,393 SF
Lot
2.99 ac (130,244 SF)
Zoning code
C-2
APN
078083 10801
UPID
US80-0892121
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
$935k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$928k
Blend (final)
Blend
$915k
Owner & transaction history
Sugar Hollow Holdings LLC · 3 yrs held
Sugar Hollow Holdings LLC
since 2022
Last sale
$900,000
6 recorded transactions
Zoning & alternative use
C-2 · Pigeon Forge, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Pigeon Forge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pigeon Forge submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,040,000
ML approach
$935,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±10% · vs last sale $900k (Nov 17 2022)
Last sale anchor
$900k
Nov 17 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$39 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$34,242
Tax year 2021
Assessed value
$2,052,680
Assessed 2023
Previous assessed
$2,081,320
-1.4% YoY
Effective rate
1.67%
On assessed value
Assessed land
$1,266,240
Assessed improvement
$786,440
Land market value
$3,165,600
Improvement market value
$1,966,100
Total market value
$5,131,700
Applied tax rate
78.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2005
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
8
Total area
23,393 SF
Lot
2.99 ac (130,244 SF)
Zoning code
C-2
APN
078083 10801
UPID
US80-0892121
Jurisdiction
SEVIER
Zoning & alternative use
C-2 · Pigeon Forge, TN
Zoning C-2 · permitted uses
C-2 · Pigeon Forge, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pigeon Forge. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
8
Lot
2.99 ac
Current owner
From public records · entity-resolved
Sugar Hollow Holdings LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2391 PKWY PARKWAY, PIGEON FORGE, TN 37863-3286
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2022
—
Sugar Hollow Holdings LLC
National Parks Resort Lodge LLC
Quit Claim Deed
related
—
Dec 28, 2017
—
Sugar Hollow Holdings LLC
—
Trustees Deed
related
$2,500,000 · Commercial Bk
Apr 2, 1992
$900,000
Perfetto Davis Wallace
Unknown
Grant Deed
—
Aug 5, 1989
$5,000
Sevdev Corp
Unknown,
Grant Deed
—
Nov 23, 1988
$650,000
Johnny Jess Davis
Unknown,
Grant Deed
—
—
—
Sugar Hollow Holdings LLC
—
Deed Of Trust
related
$4,603,831 · Smartbank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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