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Property profile & analytics
OFF-MARKET Estimated value $1,965,000
Motels

401 Hemlock St Gatlinburg, TN 37738-3009

24,996 SF 2.89 ac lot Built 1982
Individually Owned 4-yr Hold Free & Clear
Property ID
US80-0515156
Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1982
Construction STEEL FRAME
Total area 24,996 SF
Lot 2.89 ac (125,888 SF)
Zoning code C-2
APN 078126E A 01400
UPID US80-0515156
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
  • Quality Inn & Suites Hotel & Motel
  • Gatlingburg Vacation Rental Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.91M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.97M
Owner & transaction history
Patricia L Burton · 4 yrs held
Patricia L Burton
since 2021
7 recorded transactions
2022
Price N/A
2021
Price N/A
2014
$3.6M
2009
$3.5M
2007
Price N/A
2006
$4.1M
2005
$3.8M
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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