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220 Milldale Rd - 220 Milldale Rd, Dandridge, Tn 37725

66.48 Acres of Commercial Land Offered at $1,500,000 in Dandridge, TN 37725

Investment Highlights

  • Great Location
  • Commercial development potential
  • All utilities available at road

Executive Summary

Great possibility to get single family residences, multi-family, mixed use or commercial approval from planning as they have stated they would welcome the development of the property for this type of usage.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per AC
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per AC -
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC $9.99

Property Facts

Price $1,500,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Office Park
  • Storefront, Retail or Office
  • Warehouse
Total Lot Size 66.48 AC

1 Lot Available

Lot

Price $1,500,000
Price Per AC $22,563
Lot Size 66.48 AC

66.48 acres located in Dandridge

Description

Discover an unparalleled opportunity with this expansive 66.5-acre parcel, perfectly situated for both private and commercial ventures. Zoned A1 and benefiting from the Green Belt tax advantage, this land comes equipped with all essential utilities, including water, sewer, and natural gas. Located just 4.2 miles from the serene Douglas Lake and 14.2 miles from the picturesque Cherokee Lake, this property offers natural beauty and recreational options in abundance. Conveniently, it's only 2 miles to I-40 and a short 16-mile drive to the newly opened Bucee's. For those seeking urban amenities, downtown Knoxville is a mere 31 miles away, and Tyson McGhee Airport is accessible in under an hour. Ideal for a private estate or a working farm, the property's versatility extends beyond personal use. Local planning authorities are open to development possibilities, making this a prime candidate for residential, mixed-use, or commercial projects. Envision a mixed-use development with retail spaces, lodging, and attractions at the front and residential living in the National Park like setting in the rear of the property. Additionally, an exciting new RV park with other recreational facilities would complement this area well, considering the easy access to I-40 and the growing popularity in the area. The potential here is truly limitless. Don't miss out on this unique chance to invest in a property with such a strategic location and diverse opportunities. Contact us today to explore the endless possibilities this land has to offer.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
057-059.06
Land Assessment
$11,225 (2022)
Improvements Assessment
$0 (2022)
Total Assessment
$11,225 (2022)

zoning

Zoning Code A1 (Current A1 but planning stated they should easily approve mixed use or commercial)
A1 (Current A1 but planning stated they should easily approve mixed use or commercial)
  • Listing ID: 30995277

  • Date on Market: 2/19/2024

  • Last Updated:

  • Address: 220 Milldale Rd, Dandridge, TN 37725

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