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    2825 Parkway Pigeon Forge, TN 37863

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    For Sale
    $14,000,000

    Four-story, 165-unit hotel in high-traffic Pigeon Forge location.

    Property size:
    73,448 SF

    Property Features for 2825 Parkway

    General Information

    Size
    73,448 SF

    Building Details

    Year built
    1983

    Source: David Gothard, CCIM Agent David Gothard, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pigeon Forge Hotel for Sale

    This is a fee simple interest in a four-story, 165-unit limited service hotel. The property is situated on the northbound side of the Parkway, also known as US 441, in Pigeon Forge, Tennessee. Its location on the primary traffic artery for Sevier County provides high accessibility and exposure to the area's 15 million annual visitors. The hotel features an exterior corridor and an outside pool. It also offers a covered terrace and is pet-friendly. The property is located in the heart of Pigeon Forge, close to restaurants, shopping, and entertainment. The building has a total size of 73,448 square feet. Note that 10 additional rooms have been converted to non-guest use. The seller will also consider offers to lease the hotel.
    Location Intelligence

    Current Use by Public Records

    Americana Inn A Travelodge ... Hotel

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pigeon Forge
    County
    Sevier
    State
    Tennessee
    Longitude
    -83.56877
    Latitude
    35.799286

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    FAQs

    What type of property is this?
    Hotel - Four-story, 165-unit hotel in high-traffic Pigeon Forge location.
    Where is this hotel located?
    The property is located at 2825 Parkway Pigeon Forge, TN.
    What is the asking price?
    The asking price for this property is $14,000,000.
    What are key features of this property?
    This property features: - High-traffic location on the Parkway (US 441) in Pigeon Forge, serving 15 million annual visitors.; - 165-unit limited service hotel.; - Fee Simple interest.
    (865) 607-9536
    Request Owner's contact information
    2825 Parkway Pigeon Forge, TN 37863
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2825 Parkway Pigeon Forge, TN 37863
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