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    1110 Peavine Rd Crossville, TN 38551

    Sponsored
    For Sale
    $14,990,000

    LAND - Crossville, TN

    Lot size:
    485.00 Acres
    Days on Market:
    291
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 1110 Peavine Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    046.00
    Lot size
    485.00 Acres

    Utilities

    Utilities
    Natural Gas Available
    Water source
    Public

    Highlands Elite Real Estate, LLC (931) 400-8820 [email protected]

    Listing agent Wayne Russell (931) 260-3743

    Listing date Mar 21, 2025

    Copyright © 2025 Upper Cumberland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Crossville Development Site on I-40

    This prime development site is located at the northwest corner of Interstate 40 and Peavine Road at Exit 322. Multiple contiguous properties are available, totaling approximately 485 acres. The owner is willing to subdivide, offering numerous property configurations and acreage totals. The combined parcels provide an estimated 2,057 feet of frontage along Peavine Road and approximately 4,696 feet of visibility along I-40, as well as over 1.3 miles of frontage along both sides of Albert Frye Road. The site is ideally suited for multiple uses, including commercial, retail, medical, residential, and multifamily development. Cumberland County is experiencing rapid growth and is known as the Golf Capital of Tennessee, also home to the new Flatrock Motor Club. There are no state income taxes. Water, electric, gas, and sewer services are available to the site. Average annual daily traffic counts exceed 42,000 vehicles per day at the I-40 and Peavine Road Exit.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Auto Repair Shop Spa & Massage Hair Salon Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Crossville
    County
    Cumberland
    State
    Tennessee
    Longitude
    -84.97506219
    Latitude
    35.97088365

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    FAQs

    What type of property is this?
    Commercial land - Prime development land with I-40 visibility and multiple uses.
    Where is this commercial land located?
    The property is located at 1110 Peavine Rd Crossville, TN.
    What is the asking price?
    The asking price for this property is $14,990,000.
    What are key features of this property?
    This property features: - Prime development site with **4,696+\/- feet of frontage along I-40 at Exit 322**, offering high visibility.; - Large acreage available: 485+\/- acres, with owner willing to subdivide.; - Excellent location in Cumberland County, Tennessee, a rapidly growing area near the new Flatrock Motor Club.
    (931) 260-3743
    Request Owner's contact information
    1110 Peavine Rd Crossville, TN 38551
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    Crossville, TN 38551
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1110 Peavine Rd Crossville, TN 38551
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