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Restaurant Property With Dual Frontage
For Sale
$999,900

540 Patriot Drive, Dandridge, TN 37725

Operating restaurant property with furnishings, equipment, commercial zoning, and access from two roads.

Property Size3,500 SF
Lot Size1.50 Acres
Days on Market44

Property Features for 540 Patriot Drive

General Information

Standard status Active
Size 3,500 SF
Lot size 1.50 Acres
Property subtype Commercial
Zoning Commercial

Site & Location

Traffic Count 30,000 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Furnished Yes
Business Included Yes
Land Use commercial, restaurant
Equipment Included Yes

Building Details

Building Size 3,500 SF
Year Built 1988
Listing Agency: Re/Max Between the Lakes Dandridge
Listed By: Gwin Burlin Allen Jr. · License #285400
Source: Firstrealty
Added: Aug 7 Changed: Sep 18 Last Checked: Sep 18 at 3:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Re/Max Between the Lakes Dandridge

Investment Insights

Based on property information with market context.

This operating restaurant property at 540 Patriot Drive includes the furnishings and equipment associated with the existing business. Built in 1988, the property occupies approximately 1.5 acres and is zoned Commercial. The restaurant has served the community for over 10 years, and the business is offered with its existing contents.

The site has frontage on both Patriot Drive and Goose Creek Road and is positioned at Exit 417 from I-40. Average daily traffic exceeds 30,000 vehicles. The surrounding commercial area includes 6 hotels, 11 restaurants, 5 fuel stations, 2 liquor stores, and Rusty Wallace Ford. The property is also located near I-81, Douglas Lake, and the Great Smoky Mountains, with proximity to Dandridge, Knoxville, Sevierville, Gatlinburg, Morristown, and Jefferson City.

Key Highlights

  • Approximately 1.5± acres zoned Commercial
  • Operating restaurant offered with furnishings and equipment
  • Frontage on both Patriot Drive and Goose Creek Road

Property Analytics

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Current Use

Taste of Dandridge Restaurant

Suggested Use

Top Pick Building Supply Parking Lot & Garage Real Estate Agency Electrical Service Storage Facility Veterinary Clinic

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

30,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

91
Businesses Nearby
80k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 84% Shops & Services 10% Hotels & Casinos 5%
McDonald's Dining
33,853 visits/mo 0.3 miles
Shoney's Dining
9,873 visits/mo 0.5 miles
Hardee's Dining
8,810 visits/mo 0.2 miles
Ruby Tuesday Dining
7,601 visits/mo 0.1 miles
Perkins Restaurant & Bakery Dining
7,597 visits/mo 0.2 miles

Demographics for 37725, TN

18,395
Population
8,606
Households
2.1
Avg Household Size
49
Median Age
20%
College-Educated
89%
High-School Grad
93.4 sq mi
ZIP Area
197
Density / Sq Mi
$64,983
Median Household Income
$34,017
Median Earnings
$932
Median Rent
$235,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Restaurant - Operating restaurant property with furnishings, equipment, commercial zoning, and access from two roads.
Where is this restaurant located?
The property is located at 540 Patriot Drive Dandridge, TN.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Approximately 1.5± acres zoned Commercial; Operating restaurant offered with furnishings and equipment; Frontage on both Patriot Drive and Goose Creek Road
More about this property
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