Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Riverbend Dr, Unit 61 Dandridge, TN 37725

    Sponsored
    For Sale
    $195,900

    LAND - Dandridge, TN

    Lot size:
    1.33 Acres
    Days on Market:
    85
    Last Refresh:
    Mar 3 at 6:06 pm

    Property Features for Riverbend Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-1
    APN
    083I A 061.00
    Lot size
    1.33 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Needed
    Water source
    Public
    Water front features
    Lake, Lake Front
    Water front
    1

    Building Details

    Roof type
    Asphalt

    We can help!

    Listing Contact
    Janet Renea Norton

    Greater Impact Realty Lakeway (615) 478-5333

    Listing agent Janet Renea Norton (865) 712-4022

    Listing date Dec 9, 2025

    MLS# 709838

    Copyright © 2026 Lakeway Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Douglas Lake Waterfront Property

    This 1.3-acre lakefront property is located on Douglas Lake in a prestigious community. The lot offers views of the Great Smoky Mountains and Douglas Lake. The underbrush has been cleared, and mature trees provide privacy. The property is located minutes from historical downtown Dandridge, Tennessee, and a short drive from shopping, dining, and entertainment in Sevierville and Pigeon Forge, Tennessee. It also provides easy access to I-40 and Knoxville for additional amenities and medical facilities. The property is zoned R-1. The property is teeming with wildlife in a serene setting. Lot 60 (with 3 bedroom septic) also for sale in separate listing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Properties

    Map

    City
    Dandridge
    County
    Jefferson
    State
    Tennessee
    Longitude
    -83.436716
    Latitude
    35.977571

    Nearby Similar for Sale

    • $1,250,000
      2,706 SF

      Renovated Farmhouse on Sprawling Estate

      Renovated farmhouse on 18.19 acres near Douglas Lake.
      1545 Slover Springs Rd, Dandridge, TN 37725
      View Details
    • Contact for pricing
      1,522 SF

      Former Automotive Shop on 2.2 Acres

      2.2-acre commercial property with 3-bay garage near interstate.
      2131 Sockless Rd, Dandridge, TN 37725
      View Details
    • $499,900
      1,860 SF

      Dandridge Commercial Property on 3.96 Acres

      High-visibility commercial property near Interstate 40 in Dandridge, Tennessee.
      310 Goose Creek Rd, Dandridge, TN 37725
      View Details
    • $1,249,990
      0.40 Acres

      Dandridge Commercial Building For Sale

      Commercial building suitable for various rental applications in Dandridge, TN.
      1228 Circle Dr, Dandridge, TN 37725
      View Details
    • $289,000
      2.05 Acres

      Dandridge TN Garage on Acres

      2.05 acre level parcel with mountain views, endless possibilities.
      2457 Hwy E, Dandridge, TN 37725
      View Details
    • $299,000
      1.37 Acres

      Highway 92 Commercial Land Investment

      High-traffic Dandridge B-2 zoned lot.
      Unit +-1.37 A, Dandridge, TN 37725
      View Details
    • $1,799,000
      1.04 Acres

      Prime Dandridge Car Wash Investment

      Established six-bay car wash with high potential.
      129 Hwy, Dandridge, TN 37725
      View Details
    • $1,300,000
      16.00 Acres

      Lakeside Pines RV Park Investment

      Prime Douglas Lake RV Park Opportunity
      1645 E, Dandridge, TN 37725
      View Details

    FAQs

    What type of property is this?
    Waterfront Property - 1.3-acre lakefront lot on Douglas Lake near Dandridge, TN.
    Where is this waterfront property located?
    The property is located at Riverbend Dr, Unit 61 Dandridge, TN.
    What is the asking price?
    The asking price for this property is $195,900.
    What are key features of this property?
    This property features: - 1.3-acre lakefront property on Douglas Lake with Great Smoky Mountains views.; - Located in a prestigious community in East Tennessee.; - Cleared underbrush and mature trees provide privacy.
    (865) 712-4022
    Request Owner's contact information
    Riverbend Dr, Unit 61 Dandridge, TN 37725
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Riverbend Dr, Unit 61
    Dandridge, TN 37725
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Riverbend Dr, Unit 61 Dandridge, TN 37725
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Janet Renea Norton
    Real Estate License ID: 357198
    (865) 712-4022 (423) 586-0376
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!