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    4010 Parkway Pigeon Forge, TN 37863

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    For Sale
    $12,000,000

    122-room hotel with convention center and expansion potential.

    Property size:
    72,548 SF

    Property Features for 4010 Parkway

    General Information

    Size
    72,548 SF

    Building Details

    Year built
    1991

    Source: David Gothard, CCIM Agent David Gothard, CCIM

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

    Overview

    Hotel with Convention Center and Expansion

    The property features a 122-room, 3-story limited service hotel with exterior corridors, accompanied by a separate 21,050 square foot convention center. Situated on a 5.98-acre site, the property includes approximately 1.6 acres of excess land that offers elevated and unobstructed views, suitable for hotel expansion or the development of a new hotel concept. The convention center can accommodate 1,000 conference guests or 800 banquet guests. Amenities include a heated outdoor pool and hot tub. The Days Inn is located on the southbound side of the Parkway, US 441, in Pigeon Forge, TN, specifically on the south end of the Parkway. Ownership is Fee Simple and unencumbered of management. A planned new West Side Connector will adjoin the property. The seller will consider offers to lease the hotel and/or the convention center.
    Location Intelligence

    Current Use by Public Records

    Days Inn by ... Hotel Smoky Mountain Convention ... Convention Center shabbach Non-Profit Organization Mountain Valley Lodge Fraternal Organization Days Inn by ... Hotel

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Nail Salon Auto Parts Store Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pigeon Forge
    County
    Sevier
    State
    Tennessee
    Longitude
    -83.543126
    Latitude
    35.775916

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    FAQs

    What type of property is this?
    Hotel - 122-room hotel with convention center and expansion potential.
    Where is this hotel located?
    The property is located at 4010 Parkway Pigeon Forge, TN.
    What is the asking price?
    The asking price for this property is $12,000,000.
    What are key features of this property?
    This property features: - Large 21,050 SF convention center accommodating 1,000 conference or 800 banquet guests; - 5.98-acre site includes 1.6 acres of excess land suitable for hotel expansion or new development with unobstructed views; - Unencumbered of management, offering operational flexibility
    (865) 607-9536
    Request Owner's contact information
    4010 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
    4010 Parkway Pigeon Forge, TN 37863
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