None of my dedicated servers have that path either on my server or run on the local machine as a dedicated server unless I create a folder named and located at "C:\Program Files (x86)\Steam\steamapps\common\7 Days to Die Dedicated Server". No need to run the path that deep for it.
Not trying to beat you up here, but running it on the real dedicated server and adding it to a client as well isn't working.
I want it to work, so please don't take this as bashing you.