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945 Crescent Drive, Louisville, 37777
Priced At: $1,425,000
Property Details for ID: 1324989
MLS Status: Active
Property Type: Land
On Market Date: 2025-12-29T16:34:55Z
Public Remarks: 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), the property benefits from a daily combined traffic count of nearly 90,000! 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.
Schools Information
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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.
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