945 Crescent Drive, Louisville, TN 37777

$1,425,000
Property Type: Lots & Acreage Lot Size (sq. ft.): 114,563 Status: Active
Current Price: $1,425,000 List Date: 12/29/2025 Last Modified: 12/31/2025

Overview

Description

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.

Listing Details MLS# 1324989

Location Tax Legal Info

House #
945
Street Name
Crescent
St Suffix
Drive
State/Province
TN
Zip Code
37777
PIN #
018 01500

Contract Info

Auction Y/N
No
Listing Price
1425000

General Property Description

Lot Dimensions
293x324x341x368
Acres
2.63
Acre Source
Tax Records
Restrictions
No
Property Status
N/A

Status Change Info

Status Change Date
2025-12-29

Location, Tax & Legal Info

Area
Blount County - 28
City/County Code
City Limits
Total Tax
3657.2

Remarks & Misc

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.
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.

More Information

Property Sub-Type

Commercial
Yes

Topography

Graded
Yes
Partially Cleared
Yes

Road Frontage

City
Yes
Paved
Yes

Sale Options

Exchange
Yes
Fee Simple
Yes

Improvements

Curbs & Gutters
Yes
Driveway
Yes
Utilities on Site
Yes

Lot Description

Corner Lot
Yes

Easements

Other
Yes

Documents on File

Other
Yes

Developmnt Potential

Commercial
Yes
Multi-Family
Yes
Retail
Yes
Other
Yes

Utilities Available

Electricity
Yes
Gas
Yes
Sewer
Yes
Water
Yes

Zoning

Zoned Commercial
Yes

Present Structures

Residence
Yes

New Financing

Call Listing Agent
Yes
Cash
Yes
Conventional
Yes
Exchange
Yes

Property Features

Property Sub-Type: Commercial Topography: Graded; Partially Cleared Road Frontage: Paved Sale Options: Exchange; Fee Simple Improvements: Curbs & Gutters; Driveway; Utilities on Site Easements: Other Lot Description: Corner Lot Documents on File: Other Developmnt Potential: Commercial; Multi-Family; Retail; Other Utilities Available: Electricity; Gas; Sewer; Water Zoning: Zoned Commercial Present Structures: Residence New Financing: Call Listing Agent; Cash; Conventional; Exchange
Listing Office: Mike Fuller Realty & Co
IDX
Office Phone: 865-909-7471
Last Updated: December - 31 - 2025
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.