$15,050,000

0 Interstate Drive, Crossville, Tn, 38555

  • 122.0 Ac lot
  • Updated: Yesterday
  • MLS#3121308

About the Property

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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  • Property type

    Land

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0 Interstate Drive, Crossville, TN 38555, Tennessee, United States View on Google Maps
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Christopher Grimes
Tennessee, United States
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Christopher Grimes Christopher Grimes background
6
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2024
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Corcoran Reverie
Corcoran Reverie
701 W Main St, 37064, Franklin, Tennessee, United States
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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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Last updated
Yesterday
First listed
October 9
Listing reference
xc42l5
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