Crossville Outlet Center - Three Decades of Community-Focused Bargains

Memphis, Tennessee-based real estate investor Jimmy Winemiller has worked as an agent in a variety of commercial real estate transactions. In 2013, serving as the agent for Blue Lake Farms, Jimmy Winemiller facilitated a smooth transition of ownership in the sale of the firm’s Crossville Outlet Center, located off Interstate 40 in Crossville, Tennessee.

Crossville Outlet Center’s more than 150,000 square feet of space continues to offer customers the opportunity to shop at dozens of brand-name stores with affordable prices. Women’s fashion retailer BonWorth and Rack Room Shoes can help outfit families, Tools and More puts home maintenance within reach, Cheesecakes Plus More and Klix Rolled Ice Cream offer sweet treats, and Bounce Partyz Fun Zone is an exciting way to celebrate a child’s special occasion.

Crossville Outlet Center has served residents of Crossville and visitors looking for a bargain since 1988. In the 1990s, the center expanded, and today attracts shoppers from multiple Tennessee cities, including Monterey, Sparta, and Rockwood.

Crossville Outlet Center additionally provides corporate meeting space to businesses in the community. A local firm with a local presence, the outlet’s central office is conveniently located onsite.

Basic Methods of Valuing Farmland

Entrepreneur and property developer Jimmy Winemiller has developed residential and commercial properties in several states. In addition, Jimmy Winemiller has had significant success in purchasing and enhancing large-scale farming operations.

Farmland is often an important source of collateral for loans and is the de facto source of retirement funds for farmer-owners. One challenge when dealing with farmland is assessing its value correctly.

Farmland can be evaluated in terms of the value it could fetch on the market, or it can be evaluated based on its use value. While market value is fairly straightforward, use value is a bit more complicated and is assessed as a factor of what is produced on the land.

Use value calculation starts with a base rate that is standard across a state. This is multiplied by the soil productivity factor, as determined by agronomists. That rate is then multiplied by an influence factor that takes into account elements such as flooding. The resulting figure is the use value of the land. It is often a way to reduce the tax burden on owners, since all states have a use value-based form of land taxation.

Horse Racing at Louisiana Downs

Louisiana Downs 

Billy Hathorn at en.wikipedia

Jimmy Winemiller has built a career selling commercial and residential real estate in the South. In 2012, Jimmy Winemiller sold his Iron Horse Farm in Perryville, Arkansas, to Calfneck Capital Corporation. The real estate investor and horse-racing enthusiast initially purchased the property to breed and train horses. A few of the horses born on Iron Horse Farm have competed in popular races, including the one at Louisiana Downs.

Louisiana Downs is located in Bossier City, and is the home of the Super Derby, one of the most popular events for racing 3-year-old horses in North America. Opening in 1974 to 15,000 fans, the track set records for attendance. The first Super Derby was then held in 1980 on a 1.25-mile track.

The track has become popular for hosting some of the most successful horses in racing, including Preakness winners, Belmont Stakes winners, Travers Stakes winners, and four Kentucky Derby winners.

The Many Uses of Bermuda Grass

A seasoned real estate developer, Jimmy Winemiller once owned the Iron Horse Farm in Perryville, Arkansas. Along with his wife, Becky, he raised exceptional thoroughbred horses on the 506-acre property. Jimmy Winemiller made numerous improvements on the farm including the removal of all Fescue grass, which caused birthing problems with mares. He replanted these areas with Bermuda grass.

Native to Southeast Africa, Bermuda grass is a warm-season perennial grass that is ideally grown in hot, humid climates. An important species in the Deep South, it can also be grown in all parts of Arkansas. Of average nutrient quality, Bermuda is the fastest growing warm-season grass, and its ability to continue growing, even under close grazing, makes it an excellent horse pasture forage. Its high yield also makes Bermuda ideal for horse hay. 

Able to recover from damage much faster than most grasses, it can handle heavy traffic and can be utilized to control erosion in rolling pastures. Bermuda grass can also endure salt, drought, and heat. Its use goes beyond farming as its characteristics also make it suitable for golf teeing grounds and athletic fields. Bermuda is a popular lawn grass from the Pacific to the Atlantic coasts.

Three of America’s Most Famous Racehorses

An avid entrepreneur and businessman, Jimmy Winemiller has overseen the purchase and sale of numerous agricultural properties over the past five decades. Jimmy Winemiller has also been involved in the field of horseracing for over two decades as an owner and breeder of thoroughbred horses. 

Thoroughbreds are known as the most suitable breed of horse for speed and racing. Three of America’s most famous thoroughbred racehorses are listed below.

1. Man o’War. Regarded as the greatest racehorse of all time, Man o’ War established records in the United States at five different distances and earned more money than any other racehorse of his era. Upon retirement as a stud, he passed his lineage on to several top performing horses over the following two decades.

2. Seabiscuit. Although he failed to show racehorse potential in his early years, Seabiscuit was placed with a new trainer as a three-year-old and subsequently began to experience racing success. After suffering a potentially career-ending injury in 1939, Seabiscuit made an unexpected and remarkable recovery after which he was able to win one of the most significant races for older horses, the Santa Anita Handicap.

3. Secretariat. Earning a fourth place in his first race at Aqueduct Racetrack, Secretariat proceeded to win five subsequent races. He was named American Horse of the Year in 1972 and was the first horse to win the Kentucky Derby in less than two minutes when he was a three year old in 1973. He went onto become a Triple Crown winner after capturing first place at the prestigious Belmont Stakes and Preakness Stakes.

An Overview of the Enclave at Satellite Beach Project

Jimmy Winemiller leverages decades of real estate experience to serve as an agent for Woodshire-Brevard, LLC in Florida. Since joining the firm in 2013, Jimmy Winemiller has taken a role in many of its ventures, including the Enclave at Satellite Beach.

The Enclave at Satellite Beach will sit on a 27-acre property on Florida's Space Coast, with access to Highway A1A and nearby Hightower Beach Park. The project is zoned for 398 units.

With a mix of single-family homes, town homes, and condominiums, the development plans outline upscale housing to serve the high-net-worth individuals living and working in the Melbourne area. A total of 200 condominiums, each with unobstructed ocean views are planned. Single-family lots total 80, each with estimated values of $225,000.

Additionally, the plans for the Enclave at Satellite Beach outline a 160-room hotel, located in the southeast corner of the development. When completed, the Enclave will be the only new housing option for single families on the barrier island that divides the Pineda Causeway from Ocean Avenue in Melbourne Beach.

The Benefits of Living in Satellite Beach’s Oceanfront Condominiums

A real estate developer and business leader, Jimmy Winemiller operates several different companies in multiple sectors. One of the latest property acquisitions of Jimmy Winemiller is an oceanfront condominiums complex in Satellite Beach, Florida.

Formerly occupied by Patrick Air Force Base family housing, the oceanfront condominiums will sit just across state highway A1A from the Atlantic Ocean. In addition to offering panoramic waterfront views and easy beach access, the Mediterranean-style condominiums will feature a central common area with recreation facilities and an outdoor swimming pool.

The condominiums will be near Patrick Air Force Base and the legendary aerospace facilities of Cape Canaveral. The condominiums' home city of Satellite Beach will be just an hour from Orlando and all of the city’s attractions and amenities. In addition, Satellite Beach will sit adjacent to the city of Melbourne - a thriving community that is home to multiple rapidly expanding and actively hiring companies, including Northrop Grumman and the Harris Corporation.