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27153452
27153449

US-64 & I-24 Interchange, Pelham, TN null

JT
TN 330542
SVN Accel Commercial Real Estate
Accel Commercial Real Estate
Listed by SVN Accel Commercial Real Estate, Accel Commercial Real Estate
Unpriced
256 days on market
Updated 1 day ago

US-64 & I-24 Interchange (Entire Southwest Quadrant)

Details
Property Type Hospitality, Land (+3)
Sub Type Commercial
Acreage 80.000
Zoning Needs Rezoning

US-64 & I-24 Interchange

Marketing description

SVN Accel CRE is excited to offer 25 acres of premium developable land located in the southwest quadrant at the US-64 & I-24 interchange. Strategically located directly off of I-24, the main transportation artery connecting Chattanooga to Nashville. This interchange is a natural stopping point for travelers, truckers, and commuters. Ideal uses include convenience retail, quick service and dine-in restaurants, hospitality and all trucking services. Unlike exits closer to Murfreesboro or Manchester, the Pelham exit is less developed and thus, offers less direct competition. Only minutes away is The Caverns (a major underground music venue in Pelham). It draws thousands of visitors annually. This area also has outdoor recreation appeal (South Cumberland State Park, Savage Gulf State Park, Fiery Gizzard trailheads and Grundy Forest.)

Grundy County has been working to market the Pelham area for industrial and commercial growth, giving them the reputation of being pro-growth and development. The county will review all plans to subdivide this property into separate parcels and will also consider rezoning for the requested uses. The county is offering TIFs (Tax Increment Financing) and grant money to extend the public sewer line to this property. 4-acres of this property was recently purchased and separately parceled for a large Circle K truck stop, which is currently undergoing construction and will be delivered in early 2026.

Target pricing = $7/PSF - $10/PSF

Buyer to verify zoning, utilities, and development feasibility.

Buyer to confirm zoning allowances, entitlements, utility capacities, traffic requirements, buffer/setback limits.

Information is believed reliable but not guaranteed; independent verification by buyer is required.

Investment highlights

Lots with US-64 frontage = $10/SF

Lots without US-64 frontage = Negotiable at a discounted rate.

Listing Contacts

JT
TN 330542
SVN Accel Commercial Real Estate
Accel Commercial Real Estate
Listed by SVN Accel Commercial Real Estate, Accel Commercial Real Estate

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Additional Information

Name
Jana Truman
License
330542
Brokerage
SVN Accel Commercial Real Estate
Brokerage Phone
615-671-4744
Title
Managing Broker
Brokerage Address
7003 Chadwick Lane
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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