Knox Road
Knox Rd | Fayette County Submarket | Industrial Submarket
Commercial Advisors presents this 155+/- acre tract of land in the growing Fayette County Industrial Submarket. Home to Norfolk
Southern Intermodal, the site has regional accessibility and is in close proximity to major industrial users, and the core Memphis logistical
infrastructure. The site sits between TN State Route 57 and Highway 78. Construction on Highway 385 will provide even more access
to the park once completed, while the location will have an I-269 interchange only two miles away when that road project is concluded.
Knox Road is positioned adjacent to Norfolk Southern’s new, 380 acre intermodal facility. This recent development represents a $105
million investment into the region and will be a key piece in Norfolk Southern’s new “Crescent Corridor.” This master-planned intermodal
project spans eleven states with more than $2.5 billion in infrastructure. The Crescent Corridor provides a direct route between the
Northeastern and Southeastern United States with further connections to Mexico and Los Angeles. Recent analysis by the Association of
American Railroads, an industry trade group representing the major freight railroads of North America, estimates that the new intermodal
facility will have an economic impact of over $2.7 billion and 6,200 jobs over the next ten years in Memphis and the surrounding areas.
For Sale: Knox Road Land
Property Space Available: 155 +/- Acres
Asking Price: $55,000/Acre
• 6 MSF of development in the last 24 months
• Adjacent to Gateway Global Logistics Center
• Accessible from US Highway 78 via Woodall Rd. (to be completed July 2017)t
• Adjacent to Norfolk Southern Intermodal Facility
• 380 Acre intermodal yard
• Up to 750,000 lifts per year
• Rail easements in placer
• Area distribution/ manufacturing companies include Roxul, Exel, Asics, MCR Safety, Post Brands, Volvo, and TBC Corporation
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For more information:
Jeb Fields, SIOR, CCIM
(901) 362-4315
jfields@commadv.com
Caleb Park
(901) 362-3454
cpark@commadv.com