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Pigeon Forge, TN Motels for Sale

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63-Unit Limited-Service Motel
Updated: Feb 18
63-Unit Limited-Service Motel

Pigeon Forge, TN 37863

$5,500,000
63‑unit, 3‑story limited‑service hotel
Fee‑simple interest in a lodging property built in 1971
Enclosed pool plus outdoor pool and play area
Meeting room with attached kitchen
Rear boundary fronts West Prong of the Little Pigeon River
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 68 Potential Opportunities for your consideration. Besides 1 Active listings in Pigeon Forge, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Maggie Valley Investment Opportunity
Maggie Valley Investment Opportunity

179 Lewis Lane, Maggie Valley, NC 28751

$700,000
3,882 sqft

Motel with renovation potential near Great Smoky Mountains National Park.

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Motel With Six Cottages
Motel With Six Cottages

290 N Main Street, Robbinsville, NC 28771

$1,648,000
1.80 AC lot

Hospitality property with guest courtyards, owner accommodations, and public water and sewer service.

View details
Motel With Guest Cottages
Motel With Guest Cottages

290 N Main St, Robbinsville, NC 28771

$1,648,000

Established hospitality property with renovated cottages, owner’s quarters, and outdoor gathering areas in Robbinsville.

View details
15-Unit Motel Property
15-Unit Motel Property

11242 Us 19 N, Maggie Valley, NC 28751

$699,000

For sale 15-unit motel featuring a mix of open building area and rental spaces, with no rental history provided.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Gatlinburg Land with Mountain Views
Gatlinburg Land with Mountain Views

554 CAMPBELL LEAD Road, Gatlinburg, TN 37738

$295,000
0.15 AC lot

Land near downtown Gatlinburg with panoramic mountain views.

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Off-Market Properties in Pigeon Forge, TN

Consider similar Off-Market properties in Pigeon Forge, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1008 Pkwy Parkway
MOTEL

1008 Pkwy Parkway, Sevierville, TN 37862-4326

$3,900,000
Estimated value
16,066 sqft 2.07 AC lot
View details
3206 Pkwy Parkway
MOTEL

3206 Pkwy Parkway, Pigeon Forge, TN 37863-3420

$7,575,000
Estimated value
57,076 sqft 139.00 AC lot
View details
130 Wears Vly Rd
MOTEL

130 Wears Vly Rd, Pigeon Forge, TN 37863-4213

$7,425,000
Estimated value
55,812 sqft 1.71 AC lot
View details
3223 Pkwy Parkway
MOTEL

3223 Pkwy Parkway, Pigeon Forge, TN 37863-3421

$3,465,000
Estimated value
7,772 sqft 0.24 AC lot
View details
203 Pne Mtn Rd
MOTEL

203 Pne Mtn Rd, Pigeon Forge, TN 37863-3321

$1,475,000
Estimated value
21,843 sqft 2.75 AC lot
View details
3035 Pkwy Parkway
MOTEL

3035 Pkwy Parkway, Pigeon Forge, TN 37863-3311

$3,960,000
Estimated value
28,351 sqft 133.00 AC lot
View details
3005 Pkwy Parkway
MOTEL

3005 Pkwy Parkway, Pigeon Forge, TN 37863

$3,960,000
Estimated value
53,590 sqft 167.00 AC lot
View details
125 Pne Mtn Rd
MOTEL

125 Pne Mtn Rd, Pigeon Forge, TN 37863-3308

$2,625,000
Estimated value
33,594 sqft 1.42 AC lot
View details
Florence Dr
MOTEL

Florence Dr, Pigeon Forge, TN 37863

$105,000
Estimated value
61,311 sqft 100.00 AC lot
View details
2708 Pkwy Parkway
MOTEL

2708 Pkwy Parkway, Pigeon Forge, TN 37863-5256

$830,000
Estimated value
57,330 sqft 50.00 AC lot
View details
2162 Pkwy Parkway
MOTEL

2162 Pkwy Parkway, Pigeon Forge, TN 37863-2995

$5,545,000
Estimated value
40,324 sqft 1.43 AC lot
View details
4109 Pkwy Parkway
MOTEL

4109 Pkwy Parkway, Pigeon Forge, TN 37863-4009

$3,085,000
Estimated value
19,085 sqft 0.81 AC lot
View details
Flt Crk Rd
MOTEL

Flt Crk Rd, Sevierville, TN 37876

$1,460,000
Estimated value
8,128 sqft 8.04 AC lot
View details
3571 Pkwy Parkway
MOTEL

3571 Pkwy Parkway, Pigeon Forge, TN 37863-3809

$635,000
Estimated value
20,378 sqft 100.00 AC lot
View details
3229 Pkwy Parkway
MOTEL

3229 Pkwy Parkway, Pigeon Forge, TN 37863-3421

$3,190,000
Estimated value
17,418 sqft 165.00 AC lot
View details
2809 Pkwy Parkway
MOTEL

2809 Pkwy Parkway, Pigeon Forge, TN 37863-3315

$2,035,000
Estimated value
62,444 sqft 2.46 AC lot
View details
3810 Pkwy Parkway
MOTEL

3810 Pkwy Parkway, Pigeon Forge, TN 37863-3816

$1,020,000
Estimated value
63,963 sqft 200.00 AC lot
View details
4010 Pkwy Parkway
MOTEL

4010 Pkwy Parkway, Pigeon Forge, TN 37863-4008

$1,040,000
Estimated value
69,734 sqft 2.17 AC lot
View details
2826 Pkwy Parkway
MOTEL

2826 Pkwy Parkway, Pigeon Forge, TN 37863-3316

$3,375,000
Estimated value
79,367 sqft 217.00 AC lot
View details
2959 Pkwy Parkway
MOTEL

2959 Pkwy Parkway, Pigeon Forge, TN 37863-3313

$720,000
Estimated value
16,152 sqft 200.00 AC lot
View details
3921 Pkwy Parkway
MOTEL

3921 Pkwy Parkway, Pigeon Forge, TN 37863-3817

$660,000
Estimated value
28,180 sqft 300.00 AC lot
View details
3709 Pkwy Parkway
MOTEL

3709 Pkwy Parkway, Pigeon Forge, TN 37863-3813

$650,000
Estimated value
59,206 sqft 0.51 AC lot
View details
117 Pin Oak Vw Dr
MOTEL

117 Pin Oak Vw Dr, Pigeon Forge, TN 37863-2908

$360,000
Estimated value
15,344 sqft 0.84 AC lot
View details

Pigeon Forge, TN Motels Market Trends and Statistics

Explore 63 motels for sale in Pigeon Forge, TN on our real estate platform.

Sale prices for motels in Pigeon Forge, TN average $5,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 9
Bed & breakfasts 3
Campgrounds 3
Resorts 3
Motels 2

Demographics Overview

Population 61K
Population Growth (5Y) -4.0%
Median Household Income $57,849
College Educated 15.3%

High-Yield Neighborhoods for Investment

Identify Pigeon Forge submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
37863 $5.5M

Taxes & Financing

Tax Rate (average for all types) 1.59%
Property Tax per SF $26.21 per SF
Tax Rate vs County Average 0.03 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Sevier County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Sevier County

Retail

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Pigeon Forge fall within the 10,000 to 25,000 square foot range.

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