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.
Lot/land
$12,500,000
789 Highway 92 Rd, Dandridge, TN 37725
--beds
--baths
148.22Acres
Agriculture, Land
Built in ----
148.22 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Premier development land
- 19 days |
- 302 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Mark A. Jackson 865-548-4215,
Jackson Real Estate & Auction 865-397-4214,
Marti W. Dotson 865-548-6261
Source: Lakeway Area AOR,MLS#: 711757
Facts & features
Property
Features
- Fencing: Barbed Wire,Cross Fenced
- Has view: Yes
- View description: City, Downtown, Forest, Hills, Lake, Meadow, Mountain(s), Panoramic, Park/Greenbelt, Pasture, Pond, Ridge, Trees/Woods, Valley, Water
- Has water view: Yes
- Water view: Lake,Pond,Water
Lot
- Size: 148.22 Acres
- Features: Agricultural, Cleared, Farm, Gentle Sloping, Greenbelt, Pasture, Subdivided, Views, Livestock Permitted Improvement
Details
- Additional structures: Barn(s), Corral(s)
- Parcel number: 068 003.01
- Zoning: A-1
- Horses can be raised: Yes
- Horse amenities: Barn, Pasture, Hay Storage
Utilities & green energy
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Sewer Available, Water Connected, Fiber Internet
Community & HOA
HOA
- Has HOA: No
Location
- Region: Dandridge
Financial & listing details
- Annual tax amount: $3,704
- Date on market: 6/5/2026
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Listed for sale | $12,500,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 37725
Getting around
1 / 100
Car-DependentNearby schools
GreatSchools rating
- 5/10Dandridge Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 7/10Maury Middle SchoolGrades: 6-8Distance: 2 mi
- 6/10Jefferson Co High SchoolGrades: 9-12Distance: 2 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Tennessee
- Jefferson County
- Dandridge
- 37725
- 789 Highway 92 Rd




