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    Cookeville, TN
    Hospitality

    Cookeville, TN Hospitality Properties for Sale

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    Motel and Retail Storefront
    Updated: Jun 19
    Motel and Retail Storefront

    1115 S Willow Ave, Cookeville, TN 38501

    $2,690,000
    38,152 sqft 2.66 AC lot
    2.66‑acre commercial site at 1115 S Willow Ave, located on the I‑40 & S Willow Ave interchange
    Currently operating as the Star Motor Inn & Benny's Store, including an 80‑unit facility and a retail storefront
    Class 08 Commercial zoning; General Commercial allows for a wide range of retail, professional, or hospitality uses
    Construction materials include block and brick; composition roof
    Utilities and services include public water; heating includes natural gas, electric, and central systems
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    This listing looks promising.

    Here's a quick look at some key insights for

    1115 S Willow Ave, Cookeville, TN 38501

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    • Est. Cap Rate

      8.9%
      Above avg (5.9%)

    • Est. NOI

      $239K
      Annual

    • Price @ 7% Cap

      $3.42M
      Above asking

    • Property Type

      Retail Stores
      Built 1967
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    Prime Commercial Site on Willow
    Updated: Apr 7
    Prime Commercial Site on Willow

    1115 S Willow Ave, Cookeville, TN 38501

    $2,690,000
    38,152 sqft 2.66 AC lot
    Premier location directly on the I‑40 & S Willow Ave interchange.
    Class 08 Commercial zoning allows for a wide range of retail, professional, or hospitality uses.
    Located across the street from the future Willows Shopping Center anchored by Target & Home Depot.
    2.66‑acre property in a fast‑growing corridor of Middle Tennessee.
    Currently operating as an 80‑unit facility (Star Motor Inn) & a retail storefront (Benny's Store).
    View details
    Based on your search, we've compiled 33 Potential Opportunities for your consideration. Besides 2 Active listings in Cookeville, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 23 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multi-Purpose Hospitality Building
    Multi-Purpose Hospitality Building

    67 Woodlands Court -Lots 59&60, Crossville, TN 38571

    $699,000
    4,568 sqft 2.32 AC lot

    A 2.32-acre Crossville property with a 3,968-sqft multi-purpose building and a 1 bed/1 bath manager apartment.

    View details
    Commercial Land with I-40 Access
    Commercial Land with I-40 Access

    4038 N Main St, Crossville, TN 38571

    $1,299,990
    14.60 AC lot

    14.6-acre parcel with substantial I-40 and river frontage along a state highway, suitable for a range of commercial projects.

    View details
    Waterfront Recreation Land Retreat
    Waterfront Recreation Land Retreat

    55236 Maynard Ridge Ln, Crawford, TN

    $107,429
    11.74 AC lot

    11.74-acre property with private-road access, East Fork Obey River waterfront access, and utilities available at the road.

    View details
    RV Park Development Land
    RV Park Development Land

    4345 Chapel Hill Road, Crawford, TN 38554

    $298,000

    RV-friendly land with full hookups for up to three RVs, plus a 60-by-40 pavilion for covered parking.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Cookeville Land For Sale
    Cookeville Land For Sale

    6 Humble Dr, Cookeville, TN 38501

    $899,000
    6.00 AC lot

    6+/- acre commercial land parcel in Cookeville, Tennessee.

    View details
    Cleared Commercial Land with Multiple Frontages
    Cleared Commercial Land with Multiple Frontages

    1035 Highway 111 S, Cookeville, TN 38501

    $750,000
    0.68 AC lot

    Cleared, paved 0.68-acre commercial land with frontage on Salem Church Road and TN 111, with direct north/south access.

    View details
    Multifamily Apartment Building Investment
    Multifamily Apartment Building Investment

    309 W 12th St, Cookeville, TN 38501

    $2,650,000
    6,272 sqft

    Multifamily apartment building totaling 6,272 square feet in Cookeville, positioned across from Tennessee Tech University.

    View details
    Commercial Land on Highway 111
    Commercial Land on Highway 111

    51.77 AC Highway 111, Cookeville, TN 38506

    $2,277,880
    51.77 AC lot

    51.77 acres ready for commercial development in Cookeville, TN.

    View details

    Off-Market Properties in Cookeville, TN

    Consider similar Off-Market properties in Cookeville, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1228 Bunker Hl Rd
    HOTEL

    1228 Bunker Hl Rd, Cookeville, TN 38506-4015

    $6,300,000
    Estimated value
    52,798 sqft 2.57 AC lot
    View details
    1161 Jefferson Ave
    HOTEL

    1161 Jefferson Ave, Cookeville, TN 38506-4220

    $11,400,000
    Estimated value
    57,439 sqft 1.56 AC lot
    View details
    438 Neal St
    HOTEL

    438 Neal St, Cookeville, TN 38501-4027

    $4,585,000
    Estimated value
    34,903 sqft 1.63 AC lot
    View details
    1045 Interstate Dr
    HOTEL

    1045 Interstate Dr, Cookeville, TN 38501-4132

    $5,010,000
    Estimated value
    33,698 sqft 1.93 AC lot
    View details
    897 Jefferson Ave
    MOTEL

    897 Jefferson Ave, Cookeville, TN 38501-4075

    $3,170,000
    Estimated value
    31,306 sqft 4.20 AC lot
    View details
    1814 Salem Rd
    MOTEL

    1814 Salem Rd, Cookeville, TN 38506-6222

    $2,415,000
    Estimated value
    40,250 sqft 2.08 AC lot
    View details
    970 Jefferson Ave
    HOTEL

    970 Jefferson Ave, Cookeville, TN 38501-4018

    $745,000
    Estimated value
    70,932 sqft 2.34 AC lot
    View details
    1091 Willow Ave
    HOTEL

    1091 Willow Ave, Cookeville, TN 38501-4106

    $7,000,000
    Estimated value
    71,682 sqft 3.97 AC lot
    View details
    1292 Walnut Ave
    MOTEL

    1292 Walnut Ave, Cookeville, TN 38501-5962

    $1,540,000
    Estimated value
    24,418 sqft 1.90 AC lot
    View details
    1151 Jefferson Ave
    HOTEL

    1151 Jefferson Ave, Cookeville, TN 38506-4220

    $4,895,000
    Estimated value
    58,630 sqft 2.41 AC lot
    View details
    635 Spg St
    MOTEL

    635 Spg St, Cookeville, TN 38501-3539

    Value Estimation by Request
    6,234 sqft 1.03 AC lot
    View details
    635 Spg St
    MOTEL

    635 Spg St, Cookeville, TN 38501-3539

    Value Estimation by Request
    2,203 sqft 1.00 AC lot
    View details
    1250 Sams St
    HOTEL

    1250 Sams St, Cookeville, TN 38506-4016

    $5,940,000
    Estimated value
    58,588 sqft 1.74 AC lot
    View details
    1025 Interstate Dr
    HOTEL

    1025 Interstate Dr, Cookeville, TN 38501-4132

    $3,040,000
    Estimated value
    48,248 sqft 2.31 AC lot
    View details
    1296 Walnut Ave
    MOTEL

    1296 Walnut Ave, Cookeville, TN 38501-5966

    Value Estimation by Request
    3,265 sqft 2.50 AC lot
    View details
    1200 Sams St
    HOTEL

    1200 Sams St, Cookeville, TN 38506-4016

    $4,315,000
    Estimated value
    49,202 sqft 1.70 AC lot
    View details
    663 Willow Ave
    MOTEL

    663 Willow Ave, Cookeville, TN 38501-3801

    $1,030,000
    Estimated value
    17,926 sqft 1.30 AC lot
    View details
    1646 Spg St
    MOTEL

    1646 Spg St, Cookeville, TN 38506-4317

    Value Estimation by Request
    3,367 sqft 1.52 AC lot
    View details
    1100 Jefferson Ave
    MOTEL

    1100 Jefferson Ave, Cookeville, TN 38506-4297

    $1,120,000
    Estimated value
    18,956 sqft 2.00 AC lot
    View details
    1131 Jefferson Ave
    HOTEL

    1131 Jefferson Ave, Cookeville, TN 38506-4220

    $2,135,000
    Estimated value
    35,454 sqft 1.64 AC lot
    View details
    1957 Broad St
    Multifamily properties

    1957 Broad St, Cookeville, TN 38501

    Value Estimation by Request
    6.00 AC lot
    View details
    956 Shannon Dr
    Hotels

    956 Shannon Dr, Cookeville, TN 38506

    Value Estimation by Request
    1,188 sqft 0.46 AC lot
    View details

    Cookeville, TN Hospitality Properties Market Trends and Statistics

    Explore 25 hospitality properties for sale in Cookeville, TN on our real estate platform. These investment opportunities span a total of 76,304 square feet of properties for sale, with an estimated market value of $5,380,000.

    Sale prices for hospitality properties in Cookeville, TN average $2,690,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Motels 3

    Demographics Overview

    Population 73K
    Population Growth (5Y) +7.3%
    Median Household Income $55,913
    College Educated 16.8%

    High-Yield Neighborhoods for Investment

    Identify Cookeville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    38501 $2.1M

    Taxes & Financing

    Tax Rate (average for all types) 2.99%
    Property Tax per SF $60.03 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Putnam County

    New Delisted

    Total CRE Inventory on Market (SF)

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