92 Dandridge Dandridge, TN 37725
This exceptional 2.42-acre commercial land parcel presents a remarkable development opportunity. Strategically located less than half a mile from Interstate 40's Exit 417, near the I-40/I-81 interchange in Dandridge, Tennessee, this property boasts unparalleled visibility and accessibility. The site consists of two easily divisible parcels, zoned B-3, offering flexibility for a variety of commercial ventures. The high-traffic location, with an average daily count of 65,000 vehicles on I-40 at Exit 417, ensures significant exposure. This area is already home to a thriving mix of established businesses, including prominent hotels (Hampton Inn, Holiday Inn), popular restaurants (Waffle House, Ruby Tuesday, Bojangles, Arby's, Hardee's), and a major Pilot Travel Center. The property's proximity to Dandridge, a tourist destination on Douglas Lake, and its convenient location near Pigeon Forge, Gatlinburg, and Knoxville, further enhances its investment potential. The asking price is $499,900, translating to $206,570 per acre. The Jefferson County Assessor's Parcel Number (APN) is 045068 00501. This is an exceptional opportunity to capitalize on the robust growth and high traffic volume of this prime location. Don't miss this chance to secure a piece of this thriving commercial corridor.
Cap rate
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AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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