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789 TN-92 148.22 Acres of Commercial Land Offered at $12,500,000 in Dandridge, TN 37725
Executive Summary
PRIME COMMERCIAL DEVELOPMENT OPPORTUNITY – HISTORIC DANDRIDGE, TENNESSEE
Approximately 150 acres +/- of premier development land located in the heart of Historic Dandridge, Tennessee consisting of three parcels. Included on this property is a 6,841 SF home with an inground pool.
For the first time ever, the legendary Gray Farm is being offered for sale. Held as a private family estate for generations, this rare and irreplaceable property represents one of the last large-scale commercial development opportunities in East Tennessee.
Strategically positioned just off Interstate 40 at Exit 417, the property features nearly 2,000 feet of frontage along Highway 92, providing exceptional visibility and access. Traffic counts exceed 72,000 vehicles per day on Interstate 40 and approximately 11,000 vehicles per day on Highway 92, creating outstanding exposure for commercial, retail, industrial, hospitality, medical, and mixed-use development.
As Jefferson County continues to experience rapid growth, residents and visitors alike are seeking expanded services and amenities including:
• Major Grocery Chains
• Fuel Stations & Convenience Stores
• Restaurants & Entertainment
• Medical & Professional Offices
• Banks & Credit Unions
• Industrial & Warehouse Facilities
• Tractor Supply, Rural King, and Similar Retailers
• Hotels & Hospitality Development
• Residential and Mixed-Use Projects
Location is everything, and few properties can match what the Gray Farm offers. Situated just minutes from Douglas Lake and approximately 10 miles from Exit 407, gateway to the Great Smoky Mountains National Park, one of the most visited destinations in the United States, this property is positioned at the crossroads of tourism, commerce, and residential growth.
Opportunities of this size, location, and visibility rarely come available. This is truly one of the most significant development tracts to reach the market in East Tennessee in decades.
Approximately 150 acres +/- of premier development land located in the heart of Historic Dandridge, Tennessee consisting of three parcels. Included on this property is a 6,841 SF home with an inground pool.
For the first time ever, the legendary Gray Farm is being offered for sale. Held as a private family estate for generations, this rare and irreplaceable property represents one of the last large-scale commercial development opportunities in East Tennessee.
Strategically positioned just off Interstate 40 at Exit 417, the property features nearly 2,000 feet of frontage along Highway 92, providing exceptional visibility and access. Traffic counts exceed 72,000 vehicles per day on Interstate 40 and approximately 11,000 vehicles per day on Highway 92, creating outstanding exposure for commercial, retail, industrial, hospitality, medical, and mixed-use development.
As Jefferson County continues to experience rapid growth, residents and visitors alike are seeking expanded services and amenities including:
• Major Grocery Chains
• Fuel Stations & Convenience Stores
• Restaurants & Entertainment
• Medical & Professional Offices
• Banks & Credit Unions
• Industrial & Warehouse Facilities
• Tractor Supply, Rural King, and Similar Retailers
• Hotels & Hospitality Development
• Residential and Mixed-Use Projects
Location is everything, and few properties can match what the Gray Farm offers. Situated just minutes from Douglas Lake and approximately 10 miles from Exit 407, gateway to the Great Smoky Mountains National Park, one of the most visited destinations in the United States, this property is positioned at the crossroads of tourism, commerce, and residential growth.
Opportunities of this size, location, and visibility rarely come available. This is truly one of the most significant development tracts to reach the market in East Tennessee in decades.
Property Facts
| Price | $12,500,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 148.22 AC |
| Zoning | A-1 - Agriculture | ||
| Price | $12,500,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 148.22 AC |
| Zoning | A-1 - Agriculture |
1 Lot Available
Lot
| Price | $12,500,000 | Lot Size | 148.22 AC |
| Price Per AC | $84,334.10 |
| Price | $12,500,000 |
| Price Per AC | $84,334.10 |
| Lot Size | 148.22 AC |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 068-003.00 | Improvements Assessment | $2,150 |
| Land Assessment | $60,950 | Total Assessment | $63,100 |
Property Taxes
Parcel Number
068-003.00
Land Assessment
$60,950
Improvements Assessment
$2,150
Total Assessment
$63,100
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789 TN-92