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Property profile & analytics

4941 Hooper Hwy Cosby, TN 37722

  • Commercial real estate
  • 2.14 lot acres
Value Estimation
Last Sale
Dec 29, 2022
$4,610,000
Location Intelligence
Property ID
US80-0058825
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.

Current Use by Public Records

  • Commercial real estate

Property Details for 4941 Hooper Hwy

Lot size
2.14 lot acres
Property type
Commercial real estate
APN
015126 02202
APU
1512602202

Description

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.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $4,125,000
  • CAP approach

    CAP return
    Estimation
    6%
    $4,355,000
    6.5%
    $4,560,000
    7%
    $4,500,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $3,885,000
    Geo Method
    $4,835,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $4,170,000
    Retail
    $4,465,000
    Mixed-Use
    $5,515,000
    Hospitality
    $4,360,000
    Educational
    $4,460,000
    Residential Income
    $5,535,000
    Energy
    $4,605,000
    Income-Based Land
    $4,860,000
    Food Service
    $4,655,000

Location Insight

  • Map
  • Local Demand
City
Cosby
County
Cocke
State
Tennessee
Longitude
-83.2674
Latitude
35.7727
CBSA code
35460
CBSA name
NEWPORT, 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
2023
$497
$6,800
$12,600
$19,400
-
$17,000
$31,500
$48,500
More about this property
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