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 25.6% $42,792 20.0% A
Wears Valley New-Build Family Cabin
Wears Valley (shared with Gatlinburg) · SFR · STR
$595,000 26.7% $47,090 20.0% A
Glades Road Arts-Area Cabin
Glades Road / arts area · SFR · STR
$585,000 24.7% $42,482 20.4% A
Sevierville Family-Resort SFR
Sevierville (Pigeon Forge gateway) · SFR · STR
$425,000 23.0% $28,961 20.0% A
Bluff Mountain Rural LTR
Bluff Mountain / Boyds Creek (rural) · SFR
$385,000 13.0% $14,774 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

$42,792
Year-1 federal savings @ 37%, 100% bonus
25.6%
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)$85,54818.9%
7-year personal property (office equipment, certain agricultural)$2,3930.5%
15-year land improvements (paving, landscaping, fencing, site lighting)$27,7146.1%
Total accelerated$115,65525.6%
27.5-Year Residential Real Property structure (39yr commercial)$336,34574.4%

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 1.0293 (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

$47,090
Year-1 federal savings @ 37%, 100% bonus
26.7%
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)$96,54720.3%
7-year personal property (office equipment, certain agricultural)$2,7950.6%
15-year land improvements (paving, landscaping, fencing, site lighting)$27,9295.9%
Total accelerated$127,27126.7%
27.5-Year Residential Real Property structure (39yr commercial)$348,72973.3%

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 0.9513 (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

$42,482
Year-1 federal savings @ 37%, 100% bonus
24.7%
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)$85,35918.3%
7-year personal property (office equipment, certain agricultural)$2,6050.6%
15-year land improvements (paving, landscaping, fencing, site lighting)$26,8515.8%
Total accelerated$114,81524.7%
27.5-Year Residential Real Property structure (39yr commercial)$350,84575.3%

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 1.139 (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

$28,961
Year-1 federal savings @ 37%, 100% bonus
23.0%
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)$65,41519.2%
7-year personal property (office equipment, certain agricultural)$1,8680.5%
15-year land improvements (paving, landscaping, fencing, site lighting)$10,9903.2%
Total accelerated$78,27323.0%
27.5-Year Residential Real Property structure (39yr commercial)$261,72777.0%

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 1.006 (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

$14,774
Year-1 federal savings @ 37%, 100% bonus
13.0%
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)$29,4629.6%
7-year personal property (office equipment, certain agricultural)$00.0%
15-year land improvements (paving, landscaping, fencing, site lighting)$10,4683.4%
Total accelerated$39,93013.0%
27.5-Year Residential Real Property structure (39yr commercial)$268,07087.0%

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 1.1579 (A band). Geographic factor: 0.89 (state resolver).

Order a study for a similar property →

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