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    Property profile & analytics

    532 Patriot Dr Dandridge, TN 37725-3216

    • Office Properties & Spaces
    • 1,552 SF
    • 0.62 lot acres
    OFF-MARKET
    Value Estimation
    $395,000
    Last Sale
    Apr 28, 2025
    $325,000
    Location Intelligence
    Property ID
    US80-1925374
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Jefferson County Chamber of Commerce / Economic Development Agency / Chamber Of Commerce

    Property Details for 532 Patriot Dr

    Year built
    1984
    Lot size
    0.62 lot acres
    Property size
    1,552 SF
    Zone code
    B-3
    Property type
    Office Properties & Spaces
    APN
    057M A 00900
    APU
    057MA00900

    Description

    This exceptional 1,456 square foot office building, situated on a 0.62-acre lot at 532 Patriot Drive Unit 532, Dandridge, Tennessee, presents a remarkable investment opportunity. Currently occupied by the Jefferson County Chamber of Commerce, the property's versatile B-3 zoning allows for a wide range of commercial uses. Potential tenants could include retail businesses, medical practices, salons, private practices, sales offices, insurance agencies, legal practices, or accounting firms. The property's size and location make it ideal for a variety of businesses seeking a prominent presence in Dandridge. Further exploration of zoning possibilities is encouraged by contacting the Town of Dandridge at 865-397-7420 extension 13. Note that the operation of a liquor store is also a possibility, contingent upon receiving the necessary approvals from the Town of Dandridge. This property offers a unique blend of existing infrastructure and future development potential, making it an attractive proposition for discerning investors and business owners alike. The building's location in Dandridge provides easy access to local amenities and a thriving community. This is a chance to acquire a well-situated commercial property with significant upside.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $440,000

    • CAP approach

      CAP return
      Estimation
      6%
      $385,000
      6.5%
      $370,000
      7%
      $385,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $360,000
      Geo Method
      $340,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $345,000
      Retail
      $325,000
      Mixed-Use
      $400,000
      Hospitality
      $380,000
      Educational
      $415,000
      Residential Income
      $365,000
      Energy
      $380,000
      Income-Based Land
      $345,000
      Food Service
      $415,000

    Location Insight

    • Map
    • Local Demand
    City
    Dandridge
    County
    Jefferson
    State
    Tennessee
    Longitude
    -83.4467
    Latitude
    36.0386
    CBSA code
    34100
    CBSA name
    MORRISTOWN, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $42,000
    $46,720
    $88,720
    -
    $105,000
    $116,800
    $221,800

    Comparable in this City

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      505 Hwy 25th 70

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      154 Meeting St

      OFFICE (GENERAL) • 3,245 SF
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      View Details
    • Value Estimation by Request
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      3222 Chestnut Hl School Rd

      OFFICE (GENERAL) • 16,185 SF
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      View Details

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    Dandridge, TN 37725-3216
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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