$15,050,000

1299 Interstate Dr Crossville, TN 38555

Estimated payment $94,372/month

Total Views 1,052
122 Acres
$123,361 Price per Acre
5,314,320 Sq Ft Lot

About This Lot

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 programs.


Business-Friendly Climate: With local initiatives aimed at supporting new and expanding businesses.


Development Potential

The property's size and location make it suitable for various development projects:

Industrial Parks

Distribution Centers

Retail Complexes

Hospitality Ventures

Its proximity to major transportation routes and attractions like Flatrock Motorsports Park enhances its appeal for diverse commercial uses. This 122.85-acre tract in Crossville, TN, presents a rare opportunity to invest in a strategically located property with significant growth potential. Its inclusion in an Opportunity Zone, proximity to major cities and attractions, and supportive economic environment make it an ideal choice for forward-thinking investors and developers.

Listing Agent

Henry Walker

Corcoran Reverie License #351198 Listed on: 07/22/2025

Corcoran Reverie
Listing Provided By

Property Details

Property Type

  • Land

Lot Details

  • Property fronts a state road
  • Level Lot
  • Current uses include commercial, industrial
  • Potential uses include commercial, industrial, planned unit development, residential multi-family, residential single, resort, for development

Additional Features

  • Easements include natural gas, utilities, water lines
  • Horses Allowed On Property
  • Gas Available

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Office Phone: 931-416-3949
  • Listing Website: https://www.land.com/property/1299-interstate-drive-crossville-tennessee-38555/24216311/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Potential Use: Commercial, Industrial, Planned Unit Development, Residential Multi-Family, Residential Single, Resort, For Development
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Exterior Features

  • Road Description: Concrete, Curbs, Asphalt, City, State

Lot Info

  • Current Use: Commercial, Industrial
  • Lot Description: Acreage, Horses Permitted, Level
  • Easements: Natural Gas, Utilities, Water Lines

Multi Family

  • Utilities Available: City Water, City Electric, Electric Avail On Site, Gas Avail. On Site, Sewer Avail. On Site

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2025 07/22/25 For Sale $15,050,000 -- --