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Active 145 days on market

789 Tennessee 92

Dandridge, TN 37725 · Jefferson County

$12,500,000

Acres
148.22

Listing courtesy of Jackson Real Estate & Auction · MLS #1343645

Description

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.

Details

Home

Type
Land

Land

Lot size
148.22 acres
Lot
Rolling
Views
Mountain View
Deed restrictions
None

Listing

MLS #
1343645
Status
Active
On market
145 days
Listed
Jun 5, 2026
Finances
Property tax
County only
Outside city limits
HOA
None
No association dues

Price history

Jun 5, 2026
Listed
$12,500,000

Accepted

  • Cash
  • Conventional
  • VA Loan
  • USDA Loan
  • THDA

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Location
County
Jefferson
ZIP
37725

Drive times

  • Douglas Lake 10 min
  • Morristown 30 min
  • Sevierville 30 min
  • downtown Knoxville 45 min
  • Pigeon Forge 45 min
  • UT Medical Center 45 min
Approximate, by road

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Listing courtesy of Jackson Real Estate & Auction. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1343645.