Description of 0 Old Jamestown Hwy, Crossville - MLS# 3612861
Prime 5.5-acre development opportunity in one of Crossville’s growing commercial corridors. Ideally located at Old Jamestown Hwy and Interstate Drive, this cleared, level site is less than one mile from I-40 Exit 317 and approximately 1,000 feet from Walmart Supercenter. The property offers strong visibility, convenient access, and proximity to major retail, restaurants, hotels, automotive dealerships, and other established businesses.
Public water and sewer are available, with electricity and natural gas available at the street. An existing digital billboard adds additional value through potential annual income and a 1/6 advertising-use agreement, giving the property owner access to advertising time on the digital display as part of the arrangement.
Crossville does not utilize conventional use-based zoning districts, offering flexibility to explore a variety of development concepts subject to applicable approvals, site-plan requirements, restrictions, and buyer due diligence. Potential uses may include retail, restaurant or drive-thru concepts, medical or professional offices, multifamily, senior housing, hospitality, mixed-use development, automotive services, or multiple commercial pad sites.
With approximately 239,580 square feet of land, interstate proximity, nearby national retailers, utility availability, and billboard income and advertising benefits, this property presents a strong opportunity for developers, investors, and owner-users.
Property may also be purchased in combination with the adjacent 5.50-acre development parcel for approximately 128.37 total acres. Buyer and buyer's agent to independently verify acreage, utilities, access, frontage, development requirements, permitted uses, and all information deemed important.