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 $1,824,830. Hotel property sale prices in Tennessee have a median of $2,025,000. The last 24 months of sales history has seen 218 sales, with 197 sales greater than $250,000, 151 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 $78.

Values and sold prices (last 24 months) United States Tennessee
Average price/sqft $7,510 $106
Median price/sqft $110 $78
Average sold price $6,325,917 $4,921,914
Median sold price $1,047,283 $2,025,000
Number of sales 8,842 218
Number of sales over $250k 6,857 197
Number of sales over $1m 4,531 151
Number of sales over $10m 893 21
Average total tax amount $80,594 $70,824
Average assessed value $3,255,242 $1,824,830
Average market value $3,403,121 $5,346,499

Tennessee hotel property property averages

The average lot size of hotel properties in Tennessee is 79,099 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 615,054 sf 128,617 sf
Median lot size 47,472 sf 79,099 sf
Average building area 6,780 sf 70 sf
Median building area 72 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 1,671 hotel properties in Tennessee. This is 192% below the United States average. The total acerage is 4,355 acres and the aggregate building area for hotel properties in Tennessee is 81,084 sf.

Supply United States Tennessee
Number of parcels 91,962 1,671
Aggregate lot acerage 1,359,392 4,355
Aggregate building area 275,281,182 sf 81,084 sf
Aggregate units 1,371,070 9,787

Tennessee hotel property industrial mortgages

There are 4,174 mortgages for hotel properties across Tennessee in the Reonomy database. The average value of those mortgages is $52,172,212. This is 7% above the United States average.

Debt United States Tennessee
Number of mortgages 206,565 4,174
Average value of mortgages $48,271,507 $52,172,212

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