$12,500,000
About this home
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.
Property details
- MLS
- East Tennessee REALTORS® MLS
- MLS #
- 1343645
- Property type
- Land
- Subdivision
- N/A
- Status
- Active
- Days on market
- 77
- On market date
- June 5, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 148.22 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 564
- Student:teacher ratio
- 18.2:1
- District
- Jefferson County
- Enrollment
- 528
- Student:teacher ratio
- 15.1:1
- District
- Jefferson County
- Enrollment
- 2,010
- Student:teacher ratio
- 16.1:1
- District
- Jefferson County
Walkability
Blended score for Dandridge's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Dandridge, from live MLS data.
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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated July 24, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.