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Extensive Industrial Property on I-40
For Sale
$7,250,000
Pending

656 Interstate Dr, Crossville, TN 38555

260,000 SF industrial property on 49 acres near I-40.

Property Size260,000 SF
Lot Size49.37 Acres
Days on Market623

Property Features for 656 Interstate Dr

General Information

Standard status Pending
Size 260,000 SF
Lot size 49.37 Acres
Property subtype Commercial/Industrial
Listing Agency: Compass RE
Listed By: Jamie Brandenburg · License #344013
Source: Exitrealty
Added: Dec 9, 2024 Changed: Jul 10 Last Checked: Jul 23 at 8:18AM

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 Compass RE

Investment Insights

Based on property information with market context.

This extensive property features 260,000 square feet across six buildings, situated on over 49 acres. The six buildings occupy approximately 22 acres, with around 27 acres positioned along I-40, offering potential for additional industrial development. Formerly a wood/lumber processing facility, the property provides access to Cookeville, Knoxville and Crossville. Showings begin March 20, 2024, with all offers due April 3, 2024.

Key Highlights

  • Prime location with 27 acres along I‑40 suitable for additional industrial development.
  • Extensive property size: 260,000 square feet across six buildings on 49+ acres.
  • Easy access to Cookeville, Knoxville, and Crossville.

Property Analytics

Current Use

Crossville Hardwoods Building Supply

Suggested Use

Top Pick Locksmith Electrical Service Computer & Electronic Repair Home Appliance Store Skin Care Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

186
Businesses Nearby

Demographics for 38555, TN

19,930
Population
10,104
Households
2
Avg Household Size
44
Median Age
17%
College-Educated
90%
High-School Grad
92.3 sq mi
ZIP Area
216
Density / Sq Mi
$55,286
Median Household Income
$31,571
Median Earnings
$794
Median Rent
$221,400
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Industrial property - 260,000 SF industrial property on 49 acres near I-40.
Where is this industrial property located?
The property is located at 656 Interstate Dr Crossville, TN.
What is the asking price?
The asking price for this property is $7,250,000.
What are key features of this property?
This property features: Prime location with 27 acres along I‑40 suitable for additional industrial development.; Extensive property size: **260,000 square feet across six buildings on 49+ acres.**; Easy access to Cookeville, Knoxville, and Crossville.
More about this property
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