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    1035 Highway 111 S Cookeville, TN 38501

    For Sale
    $750,000

    LAND - Cookeville, TN

    Lot size:
    0.68 Acres
    Days on Market:
    36
    Last Refresh:
    Dec 10 at 4:06 am

    Property Features for 1035 Highway 111 S

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CR
    APN
    036.02
    Lot size
    0.68 Acres

    Utilities

    Utilities
    Natural Gas Available
    Water source
    Public

    Highlands Elite Real Estate, LLC (931) 400-8820 [email protected]

    Listing agent Wayne Russell (931) 260-3743

    Listing date Nov 5, 2025

    Copyright © 2025 Upper Cumberland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land on TN 111

    This 0.68-acre commercial land parcel features 145 feet of frontage along Salem Church Road and over 147 feet of frontage and visibility along TN 111, providing direct North/South access. The average annual daily traffic count exceeds 21,200 vehicles per day along TN 111. Zoned Regional Commercial (CR), the property allows for a variety of commercial uses, including office, retail, entertainment, churches, hotels, and some medical facilities. The site offers convenient access to Interstate 40, located less than 1 mile north of I-40 Exit 288. The property is cleared, paved, and has a primarily flat topography. The entire site is located within a Qualified Opportunity Zone (QOZ). Utilities are available to the site. Note that the site is subject to a sign/billboard easement within the 50-foot setback along the parcel's easternmost property line and the TN 111 right-of-way. Taxes shown are for the parent parcel.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cookeville
    County
    Putnam
    State
    Tennessee
    Longitude
    -85.47829727
    Latitude
    36.14221633

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    FAQs

    What type of property is this?
    Commercial land - 0.68 acre commercial land with high visibility on TN 111.
    Where is this commercial land located?
    The property is located at 1035 Highway 111 S Cookeville, TN.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - High-visibility location with over 147 feet of frontage on TN 111 and AADT exceeding 21,200 vpd.; - Regional Commercial (CR) zoning allows for diverse commercial uses.; - Excellent access to Interstate 40, located less than 1 mile from Exit 288.
    (931) 260-3743
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    1035 Highway 111 S Cookeville, TN 38501
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    Cookeville, TN 38501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1035 Highway 111 S Cookeville, TN 38501
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