PRIME COMMERCIAL DEVELOPMENT OPPORTUNITY - HISTORIC DANDRIDGE, TENNESSEEApproximately 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:â?¢ Major Grocery Chainsâ?¢ Fuel Stations & Convenience Storesâ?¢ Restaurants & Entertainmentâ?¢ Medical & Professional Officesâ?¢ Banks & Credit Unionsâ?¢ Industrial & Warehouse Facilitiesâ?¢ Tractor Supply, Rural King, and Similar Retailersâ?¢ Hotels & Hospitality Developmentâ?¢ Residential and Mixed-Use ProjectsLocation 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.
Listed By
Agency Name: Jackson Real Estate and Auction
Shown By
Agent Name: Corbin Norton
Agent Phone: (423) 748-0503
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 31,774.08 per month $27,819.58 Principal & Interest $308.67 Property Tax $3,645.83 Homeowner's Insurance
789 Tennessee 92 | MLS# 312143
This land located at 789 Tennessee 92 , Dandridge, TN 37725 is currently listed for sale with an asking price of $12,500,000. The property has approximately 148.22 Acres. Search Jefferson County real estate on cnorton.easttnliving.net today.