Multi-Use Development Land
For Sale
$14,990,000
1110 Peavine Road, Crossville, TN 38551
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 Market613
Property Features for 1110 Peavine Road
General Information
Standard status
Active
Lot size
485.00 Acres
Property subtype
Unimproved Land
Site & Location
Traffic Count
42,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$2.00
Listing Agency:
Highlands Elite Real Estate LLC
(931) 260-3743
Listed By:
Wayne Russell · License #333678
Source:
Baisleyhometownrealty
Added: Dec 18, 2024
Changed: Aug 14
Last Checked: Aug 14 at 7:08AM
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 Highlands Elite Real Estate LLC
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 38551, TN
3,941
Population
2,262
Households
1.7
Avg Household Size
50
Median Age
9%
College-Educated
81%
High-School Grad
89.3 sq mi
ZIP Area
44
Density / Sq Mi
$39,744
Median Household Income
$31,063
Median Earnings
$528
Median Rent
$121,900
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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 Road 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
