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Property profile & analytics
OFF-MARKET Estimated value $640,000
Motels

247 Newton Ln Gatlinburg, TN 37738-3537

13,156 SF 0.45 ac lot Built 1965
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US80-1615860
Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1965
Total area 13,156 SF
Lot 0.45 ac (19,602 SF)
Zoning code C-2
APN 078126N J 02200
UPID US80-1615860
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
  • Mountain House Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$640k
Owner & transaction history
Circle K Motel LLC · 1 yrs held
Circle K Motel LLC
since 2025
2 recorded transactions
2025
$1.7M
2009
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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