220 Milldale Rd

Notes from the listing agent

Positioned approximately 1.1 miles from I-40 Exit 417, this 66.48-acre tract offers scale, interstate access and multiple potential development paths within the expanding Dandridge-Smoky Mountain corridor. The property is located minutes from Downtown Dandridge and provides convenient regional access to Douglas Lake, Cherokee Lake, Sevierville, Knoxville and the Exit 407 tourism and commercial corridor. Conceptual work has explored a phased development strategy that could allow different portions of the property to serve distinct markets. Concepts evaluated include an RV resort or outdoor-hospitality component, RV and boat storage, traditional and climate-controlled self-storage, covered or open vehicle parking, lower-density residential development, neighborhood-serving commercial or service uses, and recreational open space. The property's mix of level, rolling and wooded terrain--together with a creek and substantial acreage--may allow future development to be organized around natural site characteristics rather than forcing a single high-density plan. One potential strategy would place storage, commercial or service-oriented uses near the Milldale Road side while preserving the interior acreage for a separately planned residential, hospitality or recreational component. This could provide an investor or developer with the ability to phase improvements, separate operating uses and deploy capital as demand is established. Approximately 52 acres have been identified in prior planning materials as the more workable portion of the tract. Water, sewer and natural gas are reported at or near the road; prospective purchasers should independently confirm availability, capacity, connection requirements and cost. The property is currently reported as A-1. All development concepts are illustrative only and are not approved or guaranteed. Any proposed use, density, access plan or development program would be subject to independent due diligence and applicable zoning, rezoning, PUD, site-plan, engineering, utility and governmental approvals. Offered at $3,000,000, this is an opportunity to control a substantial tract near I-40 while retaining flexibility to pursue a phased, lower-density or hybrid development strategy aligned with the continued growth of Jefferson County and the broader East Tennessee tourism corridor.