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Property profile & analytics
OFF-MARKET Estimated value $4,420,000
Commercial real estate

4941 Hooper Hwy Cosby, TN 37722-3652

2.14 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US80-0058825
Property summary
AI-generated overview

This exceptional 2.17-acre commercial land parcel presents a unique investment opportunity in Cosby, Tennessee. Ideally situated on Highway 321 (Hooper Highway), this property boasts 132 feet of highway frontage and an additional 318 feet of frontage on Ledford Road, ensuring high visibility and accessibility. The location offers unparalleled convenience, just 10 minutes from Cosby and 12 minutes from the Greenbriar entrance to the Great Smoky Mountains National Park. Benefit from the high daily traffic count of over 5,000 vehicles on Highway 321, attracting a substantial customer base. Currently equipped with eight RV sites featuring full hookups, a two-stall bathhouse, and a laundry room, this property is ready for immediate income generation or redevelopment. A 1000-gallon septic tank and public water are already in place. The property is conveniently located 25 minutes from downtown Gatlinburg and 40 minutes from Dollywood, providing easy access to major tourist attractions. The area has a significant demand for additional food and beverage establishments, retail outlets, and hardware stores catering to the thriving tourism industry. Note that existing sheds, canopies, personal property, and a storage container will be removed prior to closing unless otherwise negotiated. This property offers immense potential for a variety of commercial ventures.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 2.14 ac (93,218 SF)
APN 015126 02202
UPID US80-0058825
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
$4.33M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.42M
Owner & transaction history
Rmsd Smnp LLC · 3 yrs held
Rmsd Smnp LLC
since 2022
Last sale
$4.6M
3 recorded transactions
2022
$4.6M
2019
Price N/A
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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