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 e
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
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Tipo de propiedad
Terreno
Explorar la zona
0 Interstate Drive, Crossville, TN 38555, Tennessee, Estados Unidos
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Corcoran Reverie’s Franklin office is rooted in the heart of Williamson County, where heritage, land, and legac
Corcoran Reverie’s Franklin office is rooted in the heart of Williamson County, where heritage, land, and legacy intersect. From the rolling hills of Leiper’s Fork to historic downtown Franklin and the surrounding countryside, our advisors bring deep local knowledge and refined strategy to every transaction.
Renowned for our expertise in land and legacy properties, we represent everything from equestrian estates and private acreage to architecturally significant homes and thoughtfully designed new construction. What sets us apart is our seamless connection between Middle Tennessee and the Gulf Coast—many of our clients move fluidly between Franklin and 30A, trusting us to guide both their primary residences and their coastal retreats with equal precision.
Backed by the global reach of Corcoran and grounded in relationships built over generations, our Franklin office delivers elevated service with a distinctly local understanding—honoring the character of the land while shaping what comes next.
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Última actualización
Ayer
Primera publicación
Octubre 9
Referencia del anuncio
xc42l5
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