Multi-Use Development Land
For Sale
$14,990,000
1110 Peavine Rd, Crossville, TN 38571
Large development site with major road frontage and utilities available for commercial and residential projects.
Property SizeContact for details
Lot Size485.00 Acres
Days on Market62
Property Features for 1110 Peavine Rd
General Information
Standard status
Active
Lot size
485.00 Acres
Property subtype
Commercial
Zoning
COM / RES
Site & Location
Traffic Count
42,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Building Details
Year Built
1968
Listing Agency:
ParkTrust Commercial
(615) 668-3796
Listed By:
Eric Lynch · License #333678
(615) 668-3796
Source:
Reason4homes
Added: Jun 25
Changed: Aug 24
Last Checked: Aug 25 at 8:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ParkTrust Commercial
Investment Insights
Based on property information with market context.
This offering consists of development land positioned for flexible use, with multiple contiguous properties available that can be combined or configured in different ways. The owner is willing to subdivide, and buyers can select from numerous property configurations and acreage totals. The combined parcel footprint is described as approximately 2,057 feet of frontage along Peavine Road and more than 4,696 feet of visibility along I-40, with frontage along both sides of Albert Frye Road totaling over 1.3 miles. Water, electric, gas, and sewer service are to the site.
The land is located at the northwest corner of Interstate 40 and Peavine Road at Exit 322. The property is described as having traffic counts in excess of 42,000 vehicles per day on I-40 at the I-40/Peavine Road exit area.
With extensive frontage and visibility, the site is presented as suitable for a range of development plans, including commercial, retail, medical, residential, and multifamily uses. For developers and land buyers, the availability of subdivision options and existing utility access supports multiple project approaches within a single broader assemblage.
The land is located at the northwest corner of Interstate 40 and Peavine Road at Exit 322. The property is described as having traffic counts in excess of 42,000 vehicles per day on I-40 at the I-40/Peavine Road exit area.
With extensive frontage and visibility, the site is presented as suitable for a range of development plans, including commercial, retail, medical, residential, and multifamily uses. For developers and land buyers, the availability of subdivision options and existing utility access supports multiple project approaches within a single broader assemblage.
Key Highlights
- Development site at the NW corner of I‑40 and Peavine Road (Exit 322) with AADT counts over 42,000 vpd at the I‑40/Peavine Road exit
- Up to 485+/- acres available across multiple contiguous properties, with the owner willing to subdivide
- Approximately 2,057' frontage along Peavine Road and 4,696+/- feet visibility along I‑40, plus frontage along both sides of Albert Frye Road totaling over 1.3 miles
Property Analytics
Property Profile
Current Use
Lease Details
42,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
54
Businesses Nearby
Explore this area
Business Placement
Demographics for 38571, TN
14,324
Population
6,469
Households
2.2
Avg Household Size
49
Median Age
16%
College-Educated
83%
High-School Grad
226.7 sq mi
ZIP Area
63
Density / Sq Mi
$57,561
Median Household Income
$36,448
Median Earnings
$836
Median Rent
$208,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Large development site with major road frontage and utilities available for commercial and residential projects.
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: Development site at the NW corner of I‑40 and Peavine Road (Exit 322) with AADT counts over 42,000 vpd at the I‑40/Peavine Road exit; Up to 485+/- acres available across multiple contiguous properties, with the owner willing to subdivide; Approximately 2,057' frontage along Peavine Road and 4,696+/- feet visibility along I‑40, plus frontage along both sides of Albert Frye Road totaling over 1.3 miles
