4010 Parkway, Pigeon Forge, TN 37863
$12,000,000
Property Type:
Commercial Sale
Square Footage:
72,548
Lot Size (sq. ft.):
260,489
Status:
Active
Current Price:
$12,000,000
List Date:
9/19/2025
Last Modified:
9/24/2025
Description
This property is improved with a 122-room, 3-story limited service, exterior corridor hotel with a separate 21,050 sq.ft. convention center. The 5.98-acre site includes about 1.6 acres of excess land that offers elevated and unobstructed views, and would be well suited for hotel expansion or development of a new hotel concept. Heated outdoor pool and hot tub. Unencumbered of management. Convention center can accommodate 1,000 conference guests or 800 banquet guests.
Seller will also consider offers to lease the hotel and/or the convention center.
More Information MLS# 300884
Location, Tax, and Legal
City/County: City
Restrictive Covenants YN: Yes
Zoning: C-1
Zoning Entity: Pigeon Forge
Parcel Number: 005.02; 005.04
Tax Lot: 3A; 38
Tax Annual Amount: 47056.01
Tax Year: 2023
City Tax: 4725.05
County Tax: 42330.96
Contract Information
Auction YN: No
Owner Name: Prosper Properties, LLC
Listing Agreement: Exclusive Right To Sell
Occupant Type: Owner
Association YN: No
Current Price: $12,000,000
Original List Price: 18000000
List Price: $12,000,000
Status: Active
Listing Contract Date: 2024-05-01
General Property Information
Number Of Buildings: 2
Stories Total: 3
Lot Size Acres: 5.98
Lot Size Source: Public Records
Building Area Source: Public Records
Business Name: Days Inn by Wyndham Pigeon Forge South
Parking Total: 1
Bonus Room YN: No
Sign On Property YN: Yes
Construction Type: Site Built
List Price/SqFt: 165.41
Living Area: 72548
Year Built: 1991
Remarks and Miscellaneous
Public Remarks: This property is improved with a 122-room, 3-story limited service, exterior corridor hotel with a separate 21,050 sq.ft. convention center. The 5.98-acre site includes about 1.6 acres of excess land that offers elevated and unobstructed views, and would be well suited for hotel expansion or development of a new hotel concept. Heated outdoor pool and hot tub. Unencumbered of management. Convention center can accommodate 1,000 conference guests or 800 banquet guests.
Seller will also consider offers to lease the hotel and/or the convention center.
Directions: On the Parkway (US 441) in Pigeon Forge, the Days Inn is located on the Southbound side of the Parkway in the city of Pigeon Forge, TN. It is located on the south end of the Parkway.
Status Change Information
Status Change Timestamp: 2025-09-19
Back on Market Date: 2025-09-19
Major Change Timestamp: 2025-09-19T20:56:54Z
Major Change Type: Price Reduced
Price Change Timestamp: 2025-09-19T20:56:54Z
Currently Not Used
Book/Page/Doc #: 5355/610
Accessibility Features
Accessible Entrance: 1
Exterior Features
Lighting: 1
Frontage Type
Frontage Length: 131
Levels
Three Or More: 1
Listing Terms
Cash: 1
Conventional: 1
Lock Box Information
None: 1
Lot Features
Paved: 1
Other Structures
Other: 1
Parking Features
On Site: 1
Paved: 1
Possession
Negotiable: 1
Road Frontage Type
City Street: 1
Highway: 1
Road Surface Type
Paved: 1
Sewer
Public Sewer: 1
Utilities
Electricity Connected: 1
Phone Connected: 1
Sewer Connected: 1
Water Connected: 1
Water Source
Public: 1
Business Type
Hotel/Motel: 1
Other: 1
Showing Considerations
Occupied: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Listing Agent Must Accompany: 1
Showing Instructions: Contact listing agent to arrange showings. Listing agent must accompany showings.
Location Tax and Legal
Street Number: 4010
Street Name: Parkway
County: Sevier
State: TN
Zip Code: 37863
Property Sub Type: Hotel/Motel
MLS Area Major: Pigeon Forge
Subdivision Name: Other
Property Features
Accessibility Features: Accessible Entrance
Business Type: Hotel/Motel; Other
Exterior Features: Lighting
Levels: Three Or More
Listing Terms: Cash; Conventional
Lock Box Information: None
Lot Features: Paved
Other Structures: Other
Parking Features: On Site; Paved
Possession: Negotiable
Road Frontage Type: City Street; Highway
Road Surface Type: Paved
Sewer: Public Sewer
Utilities: Electricity Connected; Phone Connected; Sewer Connected; Water Connected
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany
Listing Office:
NAI Koella | RM Moore
Last Updated: September - 24 - 2025
Information deemed reliable but not guaranteed.