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Property profile & analytics
OFF-MARKET
Commercial real estate

900 Air Park Rd Dandridge, TN 37725

102.18 ac lot
Property ID
US80-1863811
Property summary
AI-generated overview

This exceptional 102.18-acre commercial property in Dandridge, Tennessee, presents a unique investment opportunity. Located at 900 Air Park Rd, Jefferson County, zip code 37725 (36.0334736, -83.3055731), this expansive land parcel boasts stunning waterfront views on the main channel of Douglas Lake. Nine acres are underwater, adding to the property's unique character. The land features breathtaking mountain views and is situated between two highly desirable subdivisions, offering excellent potential for development. The property's history includes a former airport, presenting possibilities for redevelopment. Existing infrastructure includes city water, underground utilities, and gas. The asking price is $5,350,000, significantly below a recent appraisal. Its convenient location, less than two miles from Interstate 40 exit, ensures easy accessibility. Whether envisioned as a private estate or a lucrative development project, this property offers unparalleled potential. A possible rehab house and existing buildings are also present on the site.

Property profile
Verified
Property type Commercial real estate
Lot 102.18 ac (4,450,961 SF)
UPID US80-1863811
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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