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Explore Our Properties
0 Interstate Drive, Crossville, TN 38555
$15,050,000
0 Interstate Drive

0 Interstate Drive

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
  • For Sale
  • 122 Acres LOT

Features & Amenities

Exterior

  • Water Source: Public
  • Utilities: Water Available
  • Lot Features:Cleared, Corner Lot, Cul-De-Sac, Level, Rolling Slope, Views, Wooded
  • Sewer:Public Sewer

Financial

  • SALES PRICE $15,050,000
  • REAL ESTATE TAXES $3,724/yr
  • Zoning MULTI

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Chris Grimes

Luxury Property Advisor
PHONE NUMBER (615) 881-9127
ADDRESS 30 Burton Hills Blvd #207, , Nashville, TN 37215
EMAIL ADDRESS [email protected]
License 330159

Henry Walker

Luxury Property Advisor
EMAIL ADDRESS [email protected]
License 351198

Find Your Dream Home with Corcoran Reverie

Discover your dream home or sell your exceptional property with Corcoran Reverie. We're the leading luxury real estate brokerage on Florida's Emerald Coast and in Greater Nashville, specializing in connecting discerning clients with extraordinary properties. Begin your journey today.

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