$4,356,000
Target Pricing = $435,600/Acre
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.
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.
3001895
MLS
⋅
ACTIVE
Status
⋅
10
Acres
⋅
37366
Zip Code
US Hwy 64, Pelham
