Pigeon Forge cost segregation examples

5 representative Pigeon Forge-area properties run through the Cost Seg Smart engine. These aren't hypothetical, every number below comes from the same engine that produces real customer studies.

Summary table

Example Price Reclass % Y1 fed savings @ 37% Land % Recon band
Dollywood Corridor Cabin STR
Dollywood corridor (Pigeon Forge Pkwy) · SFR · STR
$565,000 31.4% $52,601 20.0% A
Wears Valley New-Build Family Cabin
Wears Valley (shared with Gatlinburg) · SFR · STR
$595,000 31.7% $55,840 20.0% A
Glades Road Arts-Area Cabin
Glades Road / arts area · SFR · STR
$585,000 31.4% $54,011 20.4% A
Sevierville Family-Resort SFR
Sevierville (Pigeon Forge gateway) · SFR · STR
$425,000 30.1% $37,824 20.0% A
Bluff Mountain Rural LTR
Bluff Mountain / Boyds Creek (rural) · SFR
$385,000 17.0% $19,341 20.0% A

"Recon band" reflects the engine's reconciliation factor (rf_raw): A = clean fit between component-bottom-up sum and depreciable basis; D = high cost-of-construction-vs-purchase ratio, premium land floor applied.

Dollywood Corridor Cabin STR

Dollywood corridor (Pigeon Forge Pkwy) · SFR (short-term rental) · Built 2018 · 1950 sqft

$52,601
Year-1 federal savings @ 37%, 100% bonus
31.4%
5/7/15-yr reclass as % of depreciable basis
$452,000
Depreciable basis (20.0% land removed)

Component breakdown

MACRS classReclassified amount% of basis
5-year personal property (FF&E, appliances, decorative finishes, certain electrical)$110,17324.4%
7-year personal property (office equipment, certain agricultural)$2,4670.5%
15-year land improvements (paving, landscaping, fencing, site lighting)$29,5266.5%
Total accelerated$142,16631.4%
27.5-Year Residential Real Property structure (39yr commercial)$309,83468.5%

Land allocation note

For this fixture, the engine used 20.0% land allocation from source: statistical. This is the statistical fallback when reliable county assessor data wasn't available or didn't pass the reliability gate. Estimate comes from the metro → state → national land-ratio hierarchy.

Reconciliation

The engine computed a reconciliation factor (rf_raw) of 0.9105 (A band). Geographic factor: 0.89 (state resolver).

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Wears Valley New-Build Family Cabin

Wears Valley (shared with Gatlinburg) · SFR (short-term rental) · Built 2020 · 2200 sqft

$55,840
Year-1 federal savings @ 37%, 100% bonus
31.7%
5/7/15-yr reclass as % of depreciable basis
$476,000
Depreciable basis (20.0% land removed)

Component breakdown

MACRS classReclassified amount% of basis
5-year personal property (FF&E, appliances, decorative finishes, certain electrical)$118,66224.9%
7-year personal property (office equipment, certain agricultural)$2,8810.6%
15-year land improvements (paving, landscaping, fencing, site lighting)$29,3766.2%
Total accelerated$150,91931.7%
27.5-Year Residential Real Property structure (39yr commercial)$325,08168.3%

Land allocation note

For this fixture, the engine used 20.0% land allocation from source: statistical. This is the statistical fallback when reliable county assessor data wasn't available or didn't pass the reliability gate. Estimate comes from the metro → state → national land-ratio hierarchy.

Reconciliation

The engine computed a reconciliation factor (rf_raw) of 0.8532 (A band). Geographic factor: 0.89 (state resolver).

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Glades Road Arts-Area Cabin

Glades Road / arts area · SFR (short-term rental) · Built 2017 · 1850 sqft

$54,011
Year-1 federal savings @ 37%, 100% bonus
31.4%
5/7/15-yr reclass as % of depreciable basis
$465,660
Depreciable basis (20.4% land removed)

Component breakdown

MACRS classReclassified amount% of basis
5-year personal property (FF&E, appliances, decorative finishes, certain electrical)$112,00224.1%
7-year personal property (office equipment, certain agricultural)$2,6850.6%
15-year land improvements (paving, landscaping, fencing, site lighting)$31,2896.7%
Total accelerated$145,97631.4%
27.5-Year Residential Real Property structure (39yr commercial)$319,68468.7%

Land allocation note

For this fixture, the engine used 20.4% land allocation from source: statistical. This is the statistical fallback when reliable county assessor data wasn't available or didn't pass the reliability gate. Estimate comes from the metro → state → national land-ratio hierarchy.

Reconciliation

The engine computed a reconciliation factor (rf_raw) of 0.9922 (A band). Geographic factor: 0.89 (state resolver).

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Sevierville Family-Resort SFR

Sevierville (Pigeon Forge gateway) · SFR (short-term rental) · Built 2014 · 1750 sqft

$37,824
Year-1 federal savings @ 37%, 100% bonus
30.1%
5/7/15-yr reclass as % of depreciable basis
$340,000
Depreciable basis (20.0% land removed)

Component breakdown

MACRS classReclassified amount% of basis
5-year personal property (FF&E, appliances, decorative finishes, certain electrical)$81,77324.1%
7-year personal property (office equipment, certain agricultural)$1,8680.5%
15-year land improvements (paving, landscaping, fencing, site lighting)$18,5855.5%
Total accelerated$102,22630.1%
27.5-Year Residential Real Property structure (39yr commercial)$237,77469.9%

Land allocation note

For this fixture, the engine used 20.0% land allocation from source: statistical. This is the statistical fallback when reliable county assessor data wasn't available or didn't pass the reliability gate. Estimate comes from the metro → state → national land-ratio hierarchy.

Reconciliation

The engine computed a reconciliation factor (rf_raw) of 0.8689 (A band). Geographic factor: 0.89 (state resolver).

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Bluff Mountain Rural LTR

Bluff Mountain / Boyds Creek (rural) · SFR (long-term rental) · Built 2008 · 1600 sqft

$19,341
Year-1 federal savings @ 37%, 100% bonus
17.0%
5/7/15-yr reclass as % of depreciable basis
$308,000
Depreciable basis (20.0% land removed)

Component breakdown

MACRS classReclassified amount% of basis
5-year personal property (FF&E, appliances, decorative finishes, certain electrical)$23,0627.5%
7-year personal property (office equipment, certain agricultural)$00.0%
15-year land improvements (paving, landscaping, fencing, site lighting)$29,2119.5%
Total accelerated$52,27317.0%
27.5-Year Residential Real Property structure (39yr commercial)$255,72783.0%

Land allocation note

For this fixture, the engine used 20.0% land allocation from source: statistical. This is the statistical fallback when reliable county assessor data wasn't available or didn't pass the reliability gate. Estimate comes from the metro → state → national land-ratio hierarchy.

Reconciliation

The engine computed a reconciliation factor (rf_raw) of 1.0596 (A band). Geographic factor: 0.89 (state resolver).

Order a study for a similar property →

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