789 Tennessee 92
Dandridge, TN, 37725 $ 12,500,000
Baths0.0 Monthly Estimate*
$ 78,926
Studio for $12,500,000. The lot size is 148.22.
PRIME COMMERCIAL DEVELOPMENT OPPORTUNITY - HISTORIC DANDRIDGE, TENNESSEE Approximately 150 acres +/- of premier development land located in the heart of Historic Dandridge, Tennessee consisting of three parcels. Included on this property is a 6,841 SF home with an inground pool. For the first time ever, the legendary Gray Farm is being offered for sale. Held as a private family estate for generations, this rare and irreplaceable property represents one of the last large-scale commercial development opportunities in East Tennessee. Strategically positioned just off Interstate 40 at Exit 417, the property features nearly 2,000 feet of frontage along Highway 92, providing exceptional visibility and access. Traffic counts exceed 72,000 vehicles per day on Interstate 40 and approximately 11,000 vehicles per day on Highway 92, creating outstanding exposure for commercial, retail, industrial, hospitality, medical, and mixed-use development. As Jefferson County continues to experience rapid growth, residents and visitors alike are seeking expanded services and amenities including: • Major Grocery Chains • Fuel Stations & Convenience Stores • Restaurants & Entertainment • Medical & Professional Offices • Banks & Credit Unions • Industrial & Warehouse Facilities • Tractor Supply, Rural King, and Similar Retailers • Hotels & Hospitality Development • Residential and Mixed-Use Projects Location is everything, and few properties can match what the Gray Farm offers. Situated just minutes from Douglas Lake and approximately 10 miles from Exit 407, gateway to the Great Smoky Mountains National Park, one of the most visited destinations in the United States, this property is positioned at the crossroads of tourism, commerce, and residential growth. Opportunities of this size, location, and visibility rarely come available. This is truly one of the most significant development tracts to reach the market in East Tennessee in decades.
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FeaturesGeneralUtilities Cable Available Electricity Connected Natural Gas Available Sewer Available Water Connected Fiber Internet
Possession Close Of Escrow Negotiable
Roof Asphalt
Zoning A-1
View City Downtown Forest Hills Lake Meadow Mountain(s) Panoramic Park/Greenbelt Pasture Pond Ridge Trees/Woods Valley Water
Property Subtype Agriculture
Tax Year 2025
Current Use Agricultural
Parcel Number 068 003.01
County Jefferson
Property Type Land
HOA N
Possible Use Agricultural Cattle Commercial Dairy Development Farm Grazing Horses Hunting Industrial Investment Livestock Mixed Use Multi-Family Office Pasture Place of Worship Plantable Ranch Recreational Reside
Other Structures Barn(s) Corral(s) Hay Storage Building
Status Active
Directions From I-40 exit 417 take Hwy 92 S towards Dandridge for 8/10 a mile and the property is on the right.
City Dandridge
Senior Community Y/N N
Lot Size Units Acres
Lot Size Square Feet 6456463.2
Tax Annual Amount 3704.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Standard Status Active
New Construction None
Accessibility Features Y/N None
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ExteriorFencing Barbed Wire Cross Fenced
Lot Features Pond on Lot Agricultural Cleared Farm Gentle Sloping Greenbelt Pasture Subdivided Views Livestock Permitted Improvement
Water Source Public
Lot Size Area 148.22
Lot Size Acres 148.22
Waterfront Y/N N
Road Frontage Type Highway
Crops Included Y/N N
Horse Y/N Y
Horse Amenities Barn Pasture
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByJackson Real Estate & AuctionBroker
markjackson@jacksonjackson.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $78,926
- Monthly Property Taxes
- $309
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Dandridge, TN
Average List Price $548,370
Percent of Sale Price 96%
About Dandridge, TN 3,452 Population
49% Since 2002
$ 45,807 Median Income
41.76 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
2484365 Elementary School
2484217 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/5/2026 | $12,500,000 | | Listed Price |