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    OFF-MARKET
    Commercial real estate

    945 Crescent Dr, Louisville, TN 37777

    2.63 ac lot
    Property ID
    US80-1077354
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 2.63 ac (114,563 SF)
    APN 018015.00
    UPID US80-1077354
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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