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$ 575,000
Est. payment /mo
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2988 Genesis Rd Crossville, TN 38571
5 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1344812
Lot Size 5.000 Acres
Acres 5.0
Lot Dimensions 217,799
Source East Tennessee REALTORS® MLS
Property Description
Prime 5-Acre Commercial Development Opportunity - Crossville, Tennessee
Located just 0.08 mile from I-40 Exit 320 (Genesis Road), this highly desirable 5-acre tract offers exceptional development potential in one of Crossville's fastest-growing commercial corridors. Situated on the same interchange as Buc-ee's, Pilot/Wendy's, Stone Memorial High School, Crossville Outlet Center, CoLinx, and numerous established businesses, the property benefits from outstanding accessibility and strong commercial growth in the immediate area.
The parcel features extensive frontage on Genesis Road, level topography, and sits at road grade, creating an ideal site for development with minimal site preparation. An existing home is located on the property and could potentially be restored; however, the primary value lies in the land and its future development potential.
Adding to its appeal, the property is located within an Opportunity Zone, offering potential tax advantages for qualified investors. The tract may also be a candidate for annexation into the City of Crossville, creating the possibility for future access to municipal sewer and other city services, subject to city approval and applicable requirements.
Crossville's flexible development environment provides a wide range of possibilities for investors, developers, and end users. Potential uses include retail, self-storage, multi-family housing, mixed-use development, convenience retail, or a national chain location such as Dollar General, Dollar Tree, Family Dollar, or similar concepts.
Known as the Golf Capital of Tennessee, Crossville is home to numerous championship golf courses and serves as a regional hub for tourism, healthcare, manufacturing, and outdoor recreation. Conveniently located along the I-40 corridor, the property is approximately:
• 1 hour to Knoxville
• 1 hour 30 minutes to Chattanooga
• 2 hours to Nashville
With close proximity to Interstate 40, extensive road frontage, level topography, Opportunity Zone designation, and significant development flexibility, this property presents a rare opportunity to secure a strategic commercial site in one of the Cumberland Plateau's most active growth corridors.
Located just 0.08 mile from I-40 Exit 320 (Genesis Road), this highly desirable 5-acre tract offers exceptional development potential in one of Crossville's fastest-growing commercial corridors. Situated on the same interchange as Buc-ee's, Pilot/Wendy's, Stone Memorial High School, Crossville Outlet Center, CoLinx, and numerous established businesses, the property benefits from outstanding accessibility and strong commercial growth in the immediate area.
The parcel features extensive frontage on Genesis Road, level topography, and sits at road grade, creating an ideal site for development with minimal site preparation. An existing home is located on the property and could potentially be restored; however, the primary value lies in the land and its future development potential.
Adding to its appeal, the property is located within an Opportunity Zone, offering potential tax advantages for qualified investors. The tract may also be a candidate for annexation into the City of Crossville, creating the possibility for future access to municipal sewer and other city services, subject to city approval and applicable requirements.
Crossville's flexible development environment provides a wide range of possibilities for investors, developers, and end users. Potential uses include retail, self-storage, multi-family housing, mixed-use development, convenience retail, or a national chain location such as Dollar General, Dollar Tree, Family Dollar, or similar concepts.
Known as the Golf Capital of Tennessee, Crossville is home to numerous championship golf courses and serves as a regional hub for tourism, healthcare, manufacturing, and outdoor recreation. Conveniently located along the I-40 corridor, the property is approximately:
• 1 hour to Knoxville
• 1 hour 30 minutes to Chattanooga
• 2 hours to Nashville
With close proximity to Interstate 40, extensive road frontage, level topography, Opportunity Zone designation, and significant development flexibility, this property presents a rare opportunity to secure a strategic commercial site in one of the Cumberland Plateau's most active growth corridors.
Location
State TN
County Cumberland County - 34
Area 5.0
Zoning None
Exterior
Utilities Available Cable TV
Topography [object Array]
Improvements Utilities on Site
Road Frontage , County
Garage No
Building
Faces FROM I-40 Exit 320: Turn North on HWY 298 Genesis Rd. Property is less than 0.8 mile on the Right.
Others
Restrictions Yes
Tax ID 074 08900 000
Acceptable Financing Other, Cash, Conventional
Listing Terms Other, Cash, Conventional
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Listed by United Country Real Estate/Tennessee Real Properties
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