Movoto Real Estate

0 Us Hwy 64, Pelham, TN 37366

$2,000,000
•
  • —

    bed

  • —

    bath

  • 80

    Acre ($25K/Acre)

Lot/Land for sale 409 days
$2.35M price drop

About 0 Us Hwy 64

Property type Lot/Land
HOA fee $0/month
Lot size 80 Acre
Movoto estimate
Property description
Target Pricing = $435,600/Acre SVN Accel CRE is excited to offer 25-35 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. 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.
Listed by
Listing Agent - Kyle Robeson
Listing Office - SVN Accel Commercial Real Estate
Source: RealTracs mls logo
MLS#3001895 • last updated 3 days ago
Movoto checked RealTracs for data 5 minutes ago
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Overview
Type Land
Virtual Tour External Link
MLS # 3001895
Property Tax $ 1491
Exterior
Amenities / Utilities
Water Source Public
Utilities Water Available
Sewer/ Septic Private Sewer
Location
Subdivision US-64 & I-24 Interchange (Entire SW Quadrant)
Elementary School Pelham Elementary
High School Grundy Co High School
Middle School Pelham Elementary
Zoning Rezoning
APN 86 3900 0
Lot/ Land Details
Current Use Unimproved
Road Frontage Highway
Road Surface Asphalt
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