Hotel property in Tennessee

Search hotel property records in Tennessee to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through Tennessee commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.

Popular searches around Tennessee

Reonomy operates the most comprehensive database for Tennessee Hotel Property and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Tennessee commercial real estate professionals. Members from Tennessee include brokers, investors and service providers, many of whom specialize in Tennessee Hotel Property.

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Tennessee hotel property sold prices and values

The average assessed value of hotel properties in Tennessee is $2,048,558. Hotel property sale prices in Tennessee have a median of $2,071,500. The last 24 months of sales history has seen 214 sales, with 193 sales greater than $250,000, 149 sales valued at over $1,000,000, and 21 sales valued at over $10,000,000. The average price per square foot of hotel properties in Tennessee over the last 24 months is $75.

Values and sold prices (last 24 months) United States Tennessee
Average price/sqft $8,005 $114
Median price/sqft $109 $75
Average sold price $6,632,514 $5,207,362
Median sold price $1,101,170 $2,071,500
Number of sales 8,166 214
Number of sales over $250k 6,303 193
Number of sales over $1m 4,251 149
Number of sales over $10m 863 21
Average total tax amount $80,529 $72,909
Average assessed value $3,282,730 $2,048,558
Average market value $4,227,891 $5,345,718

Tennessee hotel property property averages

The average lot size of hotel properties in Tennessee is 78,571 sf. This is 49% above the United States average. The average building area is 46 sf and the median year built is 1988.

Property averages United States Tennessee
Average lot size 614,169 sf 129,226 sf
Median lot size 47,413 sf 78,571 sf
Average building area 6,822 sf 72 sf
Median building area 73 sf 46 sf
Median year built 1978 1988
Average number of units 51 11
Median number of units 16 --

Tennessee hotel property total supply

There are 1,674 hotel properties in Tennessee. This is 192% below the United States average. The total acerage is 4,387 acres and the aggregate building area for hotel properties in Tennessee is 82,688 sf.

Supply United States Tennessee
Number of parcels 91,986 1,674
Aggregate lot acerage 1,358,661 4,387
Aggregate building area 275,360,041 sf 82,688 sf
Aggregate units 1,370,381 9,794

Tennessee hotel property industrial mortgages

There are 4,213 mortgages for hotel properties across Tennessee in the Reonomy database. The average value of those mortgages is $52,172,197. This is 10% above the United States average.

Debt United States Tennessee
Number of mortgages 212,836 4,213
Average value of mortgages $47,143,013 $52,172,197

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