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Freestanding Restaurant with Road Frontage
New
For Sale
$999,900

540 Patriot Drive, Dandridge, TN 37725

COMMERCIAL - Dandridge, TN

Property Size3,500 SF
Lot Size1.49 Acres
Price / SF$285.69
Days on Market2

Property Features for 540 Patriot Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
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
Listed By: Burlin Allen · License #285400
Added: Aug 7 Changed: Aug 8 Last Checked: Aug 8 at 11:06AM
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 3,500-square-foot restaurant property occupies 1.49 acres and is currently operating as Taste of Dandridge. The sale includes furnishings and equipment. Improvements date to 1988 and feature block, wood siding, and asphalt construction, with natural gas heating, multiple cooling units, public water, and public sewer. The property is zoned Commercial and includes two bathrooms.

Located at I-40 Exit 417, the site has road frontage on both Patriot Drive and Goose Creek Road. Reported average daily traffic exceeds 30,000 vehicles, and the surrounding exit area includes six hotels, 11 restaurants, five fuel stations, two liquor stores, and Rusty Wallace Ford. The property is positioned near regional destinations and communities including Knoxville, Sevierville, Gatlinburg, Morristown, Jefferson City, Douglas Lake, Dandridge, I-81, and the Great Smoky Mountains.

Key Highlights

  • 1.49‑acre restaurant property at I‑40 Exit 417
  • 3,500‑square‑foot operating restaurant with furnishings and equipment included
  • Road frontage on both Patriot Drive and Goose Creek Road

Property Analytics

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

70
Businesses Nearby
82k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 83% Shops & Services 10% Hotels & Casinos 7%
McDonald's Dining
33,853 visits/mo 0.3 miles
Shoney's Dining
9,873 visits/mo 0.4 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 0.3 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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing restaurant offered with furnishings and equipment.
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 restaurant property at I‑40 Exit 417; 3,500‑square‑foot operating restaurant with furnishings and equipment included; Road frontage on both Patriot Drive and Goose Creek Road
More about this property
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