989 Industrial Park Rd, Dandridge, TN 37725-4701
- Manufacturing properties
- 31,105 SF
- 2.86 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 989 Industrial Park Rd
- Year built
- 1968
- Construction
- FRAME
- Lot size
- 2.86 lot acres
- Zone code
- M-1
- Property type
- Manufacturing properties
- APN
- 068 01001
- APU
- 6801001
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 13, 2025 | — | 989 Industrial Park LLC | — | Deed · related | $1M · Sandy Spring Bank |
| Aug 2, 2019 | $875,000 | Daniel Brown | Overman International Corp | Warranty Deed | $700k · Overman International Corp |
| Apr 6, 2010 | $495,000 | Klote International Corp | Branch Bkng & Trust Co | Grant Deed | — |
| Aug 7, 2009 | $90,000 | Branch Bkng & Trust Co | Scott C Dan | Trustees Deed · related | — |
| — | — | Klote International Corp | — | Deed Of Trust · related | $500k · Mountain National Bank |
| — | — | Overman International Corp | — | Deed Of Trust · related | $1M · Mountain National Bank |
| — | — | Klote International Corp | — | Deed Of Trust · related | $250k · Mountain National Bank |
Description
This fee-simple industrial property, located at 989 Industrial Park Rd, Dandridge, TN 37725, offers 30,573 square feet of vacant warehouse space. The single-story, Class B building, constructed in 1998, sits on a 2.86-acre lot zoned for light industrial use. Features include 19-foot clear ceilings, eight dock-high doors, and ample space for various industrial purposes. Priced at $1,400,000 ($45.79/sq ft), this represents a value-add opportunity for investors or owner-users. The property is conveniently located less than 1.5 miles from I-40 (67,000+ vehicles per day) and within 31 miles of downtown Knoxville. The building is currently vacant, with an occupancy date of February 25, 2024. This presents a chance to capitalize on the growing industrial market in the Knoxville MSA, fueled by the University of Tennessee and tourism in the Great Smoky Mountains. The Jefferson County location provides access to major transportation routes, making this an attractive option for businesses seeking efficient logistics. The property's features, location, and price point make it an ideal investment for those seeking a strong return on investment in a thriving area. The property includes one building with a total of 30,573 net rentable square feet.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $560,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,257,000
Market price range: $533k - $2.22M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $1,330,000 Current use
- WAREHOUSE, STORAGE
- $1,170,000 Change: -12% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Dandridge
- County
- Jefferson
- State
- Tennessee
- Longitude
- -83.4212
- Latitude
- 36.0305
- CBSA code
- 34100
- CBSA name
- MORRISTOWN, TN METROPOLITAN STATISTICAL AREA
