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Downtown Commercial Development Land
For Sale
$1,950,000

136 S Walnut, Cookeville, TN 38501

COMMERCIAL - Cookeville, TN

Property Size1,500 SF
Lot Size0.80 Acres
Price / SF$1,300
Days on Market30

Property Features for 136 S Walnut

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Directions From PCCH go 70W left on Walnut business on left.
Subdivision Cookeville SW, TN
Standard status Active
APN 053K A 030.00
Size 1,500 SF
Lot size 0.80 Acres

Taxes and HOA fees

Tax Annual Amount 1869

Building Details

Year built 1946
Floors in Building 2
Number of units 1
Listing Agency: Keller Williams Realty DBA Cookeville RE Company
Listed By: Lori Jackson-Strode
Added: Jul 8 Changed: Aug 5 Last Checked: Aug 6 at 2:06AM
MLS# 245549

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This commercial land offering totals 0.8 acres and is zoned for Local Commercial use. The site is presented as a development opportunity with allowances described as multi-level structures up to 50,000 square feet. The listing materials include a note that some photos have been virtually rendered to illustrate potential and are for marketing purposes only.

The property is located at 136 S Walnut in Cookeville, in the downtown area. The remarks describe strong visibility and traffic exposure near the intersection of Walnut Ave and Spring St, with access to one of Cookeville’s major North/West connectors.

For buyers and developers seeking commercially zoned land with room for vertical development, this parcel’s stated zoning and multi-level capacity are central considerations. It may be well suited for an investor or operator looking to plan a new retail, service, or mixed-use concept consistent with the property’s Local Commercial zoning parameters as described in the listing.

Key Highlights

  • Commercial property built in 1946
  • Zoned Local Commercial with allowance for a multi‑level structure up to 50,000 sq. ft.
  • Located near the intersection of Walnut Ave and Spring St in downtown Cookeville

Property Analytics

Current Use

Walnut St Market Grocery & Convenience Store

Suggested Use

Top Pick Parking Lot & Garage Locksmith Catering Service Butcher (Bike/Boat/Book/etc) Store Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,839
Businesses Nearby

Demographics for 38501, TN

41,141
Population
19,158
Households
2.1
Avg Household Size
33
Median Age
31%
College-Educated
88%
High-School Grad
87.1 sq mi
ZIP Area
472
Density / Sq Mi
$50,923
Median Household Income
$30,191
Median Earnings
$856
Median Rent
$245,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercially zoned land offering development flexibility for multi-level structures in downtown Cookeville.
Where is this commercial land located?
The property is located at 136 S Walnut Cookeville, TN.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Commercial property built in 1946; Zoned Local Commercial with allowance for a multi‑level structure up to 50,000 sq. ft.; Located near the intersection of Walnut Ave and Spring St in downtown Cookeville
More about this property
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