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789 Tennessee 92Dandridge, TN 37725Price: $12,500,000

  • Price: $12,500,000
  • Est. Mortgage of $/month
  • 2 Days on Market
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Federal 30-year interest rate: 6.48% last updated on Jun 4, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $12,500,000List Price
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: o Major Grocery Chains o Fuel Stations & Convenience Stores o Restaurants & Entertainment o Medical & Professional Offices o Banks & Credit Unions o Industrial & Warehouse Facilities o Tractor Supply, Rural King, and Similar Retailers o Hotels & Hospitality Development o 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.

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Listed by Mark A. Jackson of Jackson Real Estate and Auction

 "Based on information submitted to Great Smoky Mountains MLS as of June 6, 2026 7:21 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

 
 

 

 

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