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Mixed-Use Land for Sale in Louisville, Tennessee

945 Crescent Dr, Louisville, TN 37777

$1,425,000
2.63 acres
Active
ago
Est $10,031/mo

Exceptional 2.63 Acres Near Airport Unmatched Commercial Development Opportunity - 2.63 Acres in a High-Velocity Growth Corridor. Strategically positioned just seconds from the intersection of Hwy 129 (Alcoa Highway) and I-140 (Pellissippi Parkway), this 2.63-acre commercial development site offers one of the most compelling real estate opportunities in the Knoxville-Maryville metro area. Opportunities of this caliber and location are increasingly rare-act quickly to secure a premier position in this rapidly expanding corridor. 945 Crescent Drive is a 2.63-acre commercial development site delivering exceptional accessibility, visibility, and connectivity-exactly what national retailers, corporate users, and service-based operators are aggressively pursuing. Key Location Highlights - McGhee Tyson Airport (TYS): Approx. 2.9 miles / 4 minutes. TYS has approved a $700 million total expansion, including a $33M runway rehabilitation, $86M parking garage, and numerous additional infrastructure improvements. - Amazon Fulfillment Center: Opened October 2024, located two parcels away from the subject property. - UT Medical Center: Approx. 9.6 miles / under 15 minutes. - University of Tennessee & Downtown Knoxville: Approx. 11 miles / under 20 minutes. - Downtown Maryville: Approx. 6 miles / 12 minutes. - Northshore Premium Residential & Retail Corridor: Approx. 8 miles / 10 minutes. - Kingston Pike Corridor: Approx. 11 miles / 14 minutes. - Interstate Access: - I-40: Less than 1,000 feet away - I-75: Approx. 13 miles / 18 minutes Direct access to Alcoa Highway (US-129) and Pellissippi Parkway (TN-162 / I-140) places this site directly in the path of continuous regional traffic flow, workforce movement, and commercial demand. The surrounding area is anchored by major employers including Amazon Fulfillment & Logistics, DENSO Manufacturing, Smith & Wesson, Clayton Homes, Arconic, and Blount Memorial Hospital-driving a strong daytime population, stable employment base, and consistent consumer activity. This is one of the strongest commercial growth corridors in East Tennessee, with demand continuing to accelerate. Zoning & Development Potential - Zoning: General Business (GB) - Allows for a wide range of highest-and-best-use development options, including but not limited to: - Single-tenant or multi-tenant retail - Strip or neighborhood shopping centers - QSR and fast-casual restaurant pads (including drive-thru concepts) - Hotel or motel lodging - Professional, medical, or corporate office - Mixed-use commercial development - Service-oriented or industrial support operations Developers will appreciate the site's favorable topography and availability of municipal utilities and services. This is an ideal opportunity for investors and developers seeking high traffic counts, superior visibility, and strong long-term ROI potential. As the Knoxville-Alcoa-Maryville area continues its rapid expansion, properties like 945 Crescent Drive are becoming increasingly scarce.

Location

Street address
945 Crescent Dr
Elevation
979 feet
Coordinates
35.8384, -83.9686

Directions

From Knoxville, take I40 W. Exit on 386B toward US 129 and Airport. Follow Alcoa Hwy/129 S/ TN115. Turn left on Mimosa Heights Dr. Turn left on Crescent Dr.

Property details

Acreage
2.63 acres
MLS #
KAARMLS 1324989
Posted

Property taxes

Recent
$3,657

Parcels

  • 018 01500

Details and features

Listing

Type
Land
Zoning
Zoned Commercial

Lot

Features
Corner Lot

Listing history

DateEventPriceChangeSource
Dec 29, 2025New listing$1,425,000KAARMLS
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This 2.63-acre property is located at 945 Crescent Dr in Louisville, TN 37777. The property is available for sale for $1,425,000 with a price per acre of $541,825.

Checked 2 hours ago — Updated

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