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Dragon City Resort 4407 Calderwood Hwy 12 Room Hotel Maryville, TN 37801 $2,250,000 ($187,500/Room)
Investment Highlights
- 12-unit condo-style motel with kitchens/kitchenettes and full baths
- 2.58-acre parcel featuring 21 primitive campsites that are partially graveled, utility-served, and unrestricted development potential
- On-site restaurant with updated kitchen + attached merchandise store
- Prime Highway 129/72 location at the gateway to the Tail of the Dragon, under an hour from Pigeon Forge & McGhee Tyson Airport
Executive Summary
Dragon City Resort is a 4.38-acre improved real estate offering on the Tennessee side of "The Dragon," the world-famous stretch of Highway 129/72. The improvements include a 12-unit condo-style motel building — each unit with a kitchen or kitchenette and full bath, plus a first-floor utility/storage room — and a freestanding restaurant building with an updated kitchen and an attached merchandise store. The offering also includes a 2.58-acre unrestricted parcel with 21 primitive camp sites.
Site infrastructure is largely in place: partial gravel coverage, electric service, city water, and clear value-add build-out plans already mapped for the undeveloped balance of the land such as septic and soil testing. The property carries no zoning restrictions and sits on direct road frontage on Highway 129/72, at the Tennessee-side approach to the Dragon.
This is the only hotel and restaurant resort on the Tennessee side of the Dragon — a fully improved, income-producing asset with no competing lodging or dining product on that stretch of road. The real estate is offered turnkey, with the current operating team, up to one year of seller transition support, and an established brand and social media following in place. Creative financing may be available.
Site infrastructure is largely in place: partial gravel coverage, electric service, city water, and clear value-add build-out plans already mapped for the undeveloped balance of the land such as septic and soil testing. The property carries no zoning restrictions and sits on direct road frontage on Highway 129/72, at the Tennessee-side approach to the Dragon.
This is the only hotel and restaurant resort on the Tennessee side of the Dragon — a fully improved, income-producing asset with no competing lodging or dining product on that stretch of road. The real estate is offered turnkey, with the current operating team, up to one year of seller transition support, and an established brand and social media following in place. Creative financing may be available.
Property Facts
| Price | $2,250,000 | Building Size | 7,137 SF |
| Price Per Room | $187,500 | No. Rooms | 12 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 2009/2021 |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 4.38 AC | ||
| Zoning | Commercial | ||
| Price | $2,250,000 |
| Price Per Room | $187,500 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 4.38 AC |
| Building Size | 7,137 SF |
| No. Rooms | 12 |
| No. Stories | 2 |
| Year Built/Renovated | 2009/2021 |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | Commercial |
Amenities
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 12 | $124.00 | - |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 041-021.00 | Improvements Assessment | $138,200 |
| Land Assessment | $11,000 | Total Assessment | $149,200 |
Property Taxes
Parcel Number
041-021.00
Land Assessment
$11,000
Improvements Assessment
$138,200
Total Assessment
$149,200
Contacts
-
Jon Roosen -
Steve Gough -
Hunter Watts -
Ford Collier -
Scott Szpyrka -
SVN | Wood Properties
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