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$900,000
3135567 MLS ⋅ ACTIVE Status ⋅ 5.5 Acres ⋅ 38555 Zip Code
A current request has been placed for a traffic signal at this intersection. Income potential for the billboard is around $5500+ per year. Located less than 1 mile from I-40, approx 1,000 ft from WalMart, and 7 minutes from Crossville historic corridor, this property is in one of Crossville's most prime locations. The corner lot (Parcel ID/Tax ID: 087 008.05) is being split as PARCEL A , and PARCEL B . See listing photos for clarification. PARCEL A's frontage on Interstate Drive is approx 345 ft and nearly 300 ft of frontage along Old Jamestown Hwy. A new fire hall has been built less than 1/2 mile away on Interstate Drive at the corner of Cottonpatch Dr; electricity, sewer, natural gas, and city water utilities are available at the street. Property may be subdivided.

Old Jamestown Hwy, Crossville

$15,050,000
3121308 MLS ⋅ ACTIVE Status ⋅ 122 Acres ⋅ 38555 Zip Code
Presenting an exceptional commercial real estate opportunity: a 122.85-acre tract strategically located along Interstate 40 in Crossville, Tennessee. This property offers visibility and accessibility, making it ideal for a range of developments, from logistics hubs to mixed-use commercial ventures. Prime Location with Strategic Access. Situated directly on I-40 between exits 317 and 320, this expansive tract ensures seamless connectivity to major urban centers: Nashville: Approximately 110 miles west Knoxville: Approximately 70 miles east Chattanooga: Approximately 90 miles south This central positioning places the property within a day's drive of 75% of the U.S. population, offering significant logistical advantages. Proximity to Flatrock Motorsports Park Just minutes away lies the state-of-the-art Flatrock Motorsports Park, a premier motorsports and entertainment destination. Spanning over 800 acres, Flatrock features a 3.5-mile, 23-turn Club circuit with 127 feet of elevation change. The park includes luxury amenities such as a members-only motorclub, villas, and event spaces, attracting motorsport enthusiasts and tourists alike. Opportunity Zone Benefits This tract falls within Crossville's designated Opportunity Zone, offering investors significant tax incentives: Temporary Deferral: Defer capital gains tax on prior investments until the earlier of the date of sale or December 31, 2026. Step-Up in Basis: Increase basis by 10% if the investment is held for at least 5 years, and an additional 5% if held for 7 years. Permanent Exclusion: Exclude capital gains from the Opportunity Fund investment if held for at least 10 years. These incentives are designed to spur economic development and job creation in designated areas. Thriving Economic Environment Cumberland County boasts a robust economic landscape: Diverse Industries: Including manufacturing, healthcare, and tourism. Skilled Workforce: Supported by local educational institutions and training

Interstate Drive, Crossville

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