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Mixed-Use Property with Retail Space
For Sale
$499,000

1701 Dumplin Loop, New Market, TN 37820

Residential Income, New Market, TN

Property SizeContact for details
Lot Size1.70 Acres
Days on Market171

Property Features for 1701 Dumplin Loop

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 5, Bedroom 4
Fireplace 1
Appliances Electric Range, Refrigerator
High school Jefferson
Directions Take Exit 417 for TN-92 toward Dandridge/Jefferson City. Turn left onto TN-92 North and continue approximately 6-7 miles. Turn right onto US-11E / Asheville Hwy toward New Market. Continue on US-11E for about 5 miles. Turn left onto Dumplin Loop Rd. Continue to 1701 Dumplin Loop, New Market, TN 37820 -- destination will be on your left.
Standard status Active
APN 073 06500 000
Lot size 1.70 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 833

Utilities

Utilities Water Available
Sewer type Septic Tank
Water source Public

Building Details

Year built 1950
Floors in Building 1
Number of units 4
Roof type Asphalt
Listing Agency: The Cate Group, Realty & Property Management LLC
Listed By: Amy Quarles Cate
Added: May 6 Changed: Oct 22 Last Checked: Oct 23 at 7:06PM
MLS# 711468

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.

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Investment Insights

Based on property information with market context.

On 1.7 acres, this mixed-use property includes a building constructed in 1950 with approximately 700 square feet of retail space and two one-bedroom, one-bathroom apartments. The apartments were rebuilt in 2022 and have refrigerator and stove appliances, washer and dryer hookups, LVP flooring, and PEX plumbing; one also opens to a rear deck. A new HVAC system was installed in Summer 2023. The retail area has a half bath, and the site has approximately 8 parking spaces.

A separate 2010 Clayton single-wide home offers approximately 1,216 square feet, 3 bedrooms, and 2 bathrooms, along with central heat and air and front and rear decks. A replacement deck was installed in Fall 2025. The property also has a storage trailer and potential space for several RV sites, subject to buyer verification and local approval.

Key Highlights

  • 1.7‑acre mixed‑use property
  • Approximately 700 square feet of retail space with a half bath
  • Two 1‑bedroom, 1‑bathroom apartments rebuilt in 2022

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby

Demographics for 37820, TN

7,991
Population
3,485
Households
2.3
Avg Household Size
44
Median Age
16%
College-Educated
89%
High-School Grad
67.6 sq mi
ZIP Area
118
Density / Sq Mi
$62,901
Median Household Income
$38,750
Median Earnings
$853
Median Rent
$193,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The 1.7-acre property combines a small retail suite, two apartments, and a separate three-bedroom manufactured home.
Where is this mixed-use property located?
The property is located at 1701 Dumplin Loop New Market, TN.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 1.7‑acre mixed‑use property; Approximately 700 square feet of retail space with a half bath; Two 1‑bedroom, 1‑bathroom apartments rebuilt in 2022
More about this property
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