0 Interstate Drive #Z7 Crossville, TN 38555
Listing Courtesy of: REALTRACS / Corcoran Reverie / Chris Grimes / Henry Walker

  0 Interstate Drive #Z7 Crossville, TN 38555

Active (216 Days)
$15,050,000

Description

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

MLS #:
RTC2781117
Taxes
$3,724
Lot Size
122 acres
Type
Land
County
Cumberland County

Listed By

Chris Grimes, Corcoran Reverie
Henry Walker, Corcoran Reverie
Source
REALTRACS as distributed by MLS Grid
Last checked Aug 27 2025 at 10:17 PM GMT+0000
Bathroom Details
Subdivision
  • Cottonpatch
Lot Information
  • Level
  • Corner Lot
  • Cul-De-Sac
Utility Information
  • Utilities: Water Available
  • Sewer: Public Sewer
School Information
  • Elementary School: Stone Elementary
  • Middle School: Stone Elementary
  • High School: Stone Memorial High School
Location
   
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Disclaimer: Based on information submitted to the MLS GRID as of 8/27/25 15:17. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.