Freestanding Restaurant With
For Sale
$999,900
540 Patriot Drive, Dandridge, TN 37725
Commercial Sale, Dandridge, TN
Property Size3,500 SF
Lot Size1.49 Acres
Price / SF$285.69
Days on Market47
Property Features for 540 Patriot Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking
50
Lot features
Cleared, Level
Directions
LOCATED ON EXIT 417 DANDRIDGE. TURN ON PATRIOT DRIVE BY PERKINS TO PROPERTY ON RIGHT ACROSS FROM RED ROOF INN.
Standard status
Active
APN
057M A 00800 000
Size
3,500 SF
Lot size
1.49 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4699
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Multi Units
Water source
Public
Building Details
Year built
1988
Floors in Building
1
Building materials
Block, Wood Siding, Asphalt
Listing Agency:
RE/MAX Between the Lakes - Dandridge · RE/MAX International
(865) 397-8990
Listed By:
Burlin Allen · License #285400
(865) 621-1776
Added: Aug 7
Changed: Sep 4
Last Checked: Sep 22 at 11:06PM
MLS# 712518
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.
Investment Insights
Based on property information with market context.
This operating restaurant occupies a 3,500-square-foot building on approximately 1.49 acres. The sale includes furnishings and equipment, while the improvements feature block, wood siding, and asphalt construction. Heating is provided by natural gas, with multi-unit cooling, public water, and public sewer. Two bathrooms are identified in the property information, and the building dates to 1988.
The property is positioned at Exit 417 of I-40 in Dandridge, with frontage along Patriot Drive and Goose Creek Road. The surrounding exit area includes hotels, restaurants, fuel stations, liquor stores, and an automotive dealership. Average daily traffic is reported at more than 30,000 vehicles. The site is also described as being near Knoxville, Sevierville, Gatlinburg, Morristown, Jefferson City, Douglas Lake, I-81, and the Great Smoky Mountains.
The property is positioned at Exit 417 of I-40 in Dandridge, with frontage along Patriot Drive and Goose Creek Road. The surrounding exit area includes hotels, restaurants, fuel stations, liquor stores, and an automotive dealership. Average daily traffic is reported at more than 30,000 vehicles. The site is also described as being near Knoxville, Sevierville, Gatlinburg, Morristown, Jefferson City, Douglas Lake, I-81, and the Great Smoky Mountains.
Key Highlights
- 1.49‑acre commercial restaurant property at I‑40 Exit 417
- 3,500‑square‑foot restaurant building constructed in 1988
- Frontage along both Patriot Drive and Goose Creek Road
Property Analytics
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Current Use
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
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Operating restaurant with furnishings, equipment, public utilities, and access from two roads in a commercial corridor.
Where is this conventional 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: 1.49‑acre commercial restaurant property at I‑40 Exit 417; 3,500‑square‑foot restaurant building constructed in 1988; Frontage along both Patriot Drive and Goose Creek Road
