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 $2,084,741. Hotel property sale prices in Tennessee have a median of $2,100,000. The last 24 months of sales history has seen 213 sales, with 190 sales greater than $250,000, 148 sales valued at over $1,000,000, and 22 sales valued at over $10,000,000. The average price per square foot of hotel properties in Tennessee over the last 24 months is $76.

Values and sold prices (last 24 months) United States Tennessee
Average price/sqft $7,467 $106
Median price/sqft $113 $76
Average sold price $6,524,869 $5,246,864
Median sold price $1,098,767 $2,100,000
Number of sales 8,661 213
Number of sales over $250k 6,577 190
Number of sales over $1m 4,495 148
Number of sales over $10m 892 22
Average total tax amount $80,293 $72,010
Average assessed value $3,324,124 $2,084,741
Average market value $4,295,638 $5,449,990

Tennessee hotel property property averages

The average lot size of hotel properties in Tennessee is 78,756 sf. This is 49% above the United States average. The average building area is 47 sf and the median year built is 1987.

Property averages United States Tennessee
Average lot size 600,555 sf 128,815 sf
Median lot size 47,270 sf 78,756 sf
Average building area 6,730 sf 70 sf
Median building area 74 sf 47 sf
Median year built 1978 1987
Average number of units 51 11
Median number of units 16 --

Tennessee hotel property total supply

There are 1,680 hotel properties in Tennessee. This is 192% below the United States average. The total acerage is 4,388 acres and the aggregate building area for hotel properties in Tennessee is 81,557 sf.

Supply United States Tennessee
Number of parcels 92,381 1,680
Aggregate lot acerage 1,159,686 4,388
Aggregate building area 274,897,203 sf 81,557 sf
Aggregate units 1,366,877 9,935

Tennessee hotel property industrial mortgages

There are 4,299 mortgages for hotel properties across Tennessee in the Reonomy database. The average value of those mortgages is $52,260,115. This is 10% above the United States average.

Debt United States Tennessee
Number of mortgages 216,476 4,299
Average value of mortgages $46,836,937 $52,260,115

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