945 Crescent Dr, Louisville, TN 37777
This exceptional 2.63-acre parcel presents a prime development opportunity in Louisville, Tennessee, boasting unparalleled visibility and accessibility. Located at 945 Crescent Dr, this property enjoys a strategic position along Alcoa Highway and Pellissippi Parkway, experiencing daily traffic exceeding 46,000 vehicles. The land itself is characterized by a well-laying topography with regular dimensions, simplifying development plans. Zoned GB-E City of Alcoa, the site offers a wide array of potential uses, including self-storage facilities, retail spaces, office parks, and more. Further enhancing its appeal, this property benefits from an Opportunity Zone overlay, providing significant tax advantages for qualified developers. Its proximity to Amazon's substantial 600,000 square-foot fulfillment center and less than two miles from McGhee Tyson Airport's main entrance adds to its exceptional location. The asking price is $1,250,000, translating to approximately $475,286 per acre. The property's APN is 018015.00. This is a rare opportunity to capitalize on a high-traffic location with diverse development potential and attractive tax incentives. Don't miss this chance to secure a prime piece of real estate in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.