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849 Glades Rd - Covered Bridge In The Glades 91,912 SF Specialty Building Offered For Sale in Gatlinburg, TN 37738
Investment Highlights
- Total of 82 units: 68 luxury apartments + 14 retail units
- Unique mixed-use development in a resort-style setting
- ±72,282 SF of multifamily space
- Retail anchored by Split Rail Eats restaurant
- ±19,944 SF of ground-level retail space
- Minutes from downtown Gatlinburg and the Great Smoky Mountains
Executive Summary
82 Units | Mixed-Use Investment Opportunity – Gatlinburg, TN 68 Luxury Apartment Units + 14 Retail Units Anchored by Split Rail Eats
The subject property is a premier mixed-use development located on 7.09 acres in the Glades community of Gatlinburg, Tennessee. Built in 2010, the three-story buildings encompass a total of 92,226 square feet of improvements and feature wood siding with stone exteriors, creating a high-end, mountain-style aesthetic. An elevator is located on the northwest corner, providing convenient access throughout the property.
The project consists of a total of 82 units, broken down into 68 luxury residential apartment units and 14 ground-level retail units. The retail component totals approximately 19,944 square feet and is anchored by the highly popular Split Rail Eats restaurant, which serves as a central gathering place and traffic driver for the community. The residential portion includes 72,282 square feet of multifamily space, offering a mix of upscale 1BR, 2BR, and 3BR floor plans.
This asset offers a rare opportunity to acquire a high-quality mixed-use development that combines luxury residential living in one of East Tennessee’s most desirable resort markets.
The subject property is a premier mixed-use development located on 7.09 acres in the Glades community of Gatlinburg, Tennessee. Built in 2010, the three-story buildings encompass a total of 92,226 square feet of improvements and feature wood siding with stone exteriors, creating a high-end, mountain-style aesthetic. An elevator is located on the northwest corner, providing convenient access throughout the property.
The project consists of a total of 82 units, broken down into 68 luxury residential apartment units and 14 ground-level retail units. The retail component totals approximately 19,944 square feet and is anchored by the highly popular Split Rail Eats restaurant, which serves as a central gathering place and traffic driver for the community. The residential portion includes 72,282 square feet of multifamily space, offering a mix of upscale 1BR, 2BR, and 3BR floor plans.
This asset offers a rare opportunity to acquire a high-quality mixed-use development that combines luxury residential living in one of East Tennessee’s most desirable resort markets.
Property Facts Under Contract
| Sale Type | Investment | Lot Size | 7.00 AC |
| Property Type | Specialty | Building Size | 91,912 SF |
| Property Subtype | No. Stories | 3 | |
| Building Class | B | Year Built/Renovated | 2010/2024 |
| Zoning | C-3 | ||
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | |
| Building Class | B |
| Lot Size | 7.00 AC |
| Building Size | 91,912 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2010/2024 |
| Zoning | C-3 |
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Property Taxes
| Parcel Numbers | Improvements Assessment | $2,234,120 CAD | |
| Land Assessment | $151,128 CAD | Total Assessment | $2,385,249 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$151,128 CAD
Improvements Assessment
$2,234,120 CAD
Total Assessment
$2,385,249 CAD
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849 Glades Rd - Covered Bridge In The Glades
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