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.
