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    2 Highway 111, Unit 2 Cookeville, TN 38506

    For Sale
    $199,900

    LAND - Cookeville, TN

    Lot size:
    5.00 Acres
    Days on Market:
    105
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 2 Highway 111

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    031.00
    Lot size
    5.00 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Water source
    Public
    Water front features
    Waterfront

    American Way Real Estate (931) 526-9581

    Listing agent Vickie Loftis (931) 510-4143

    Listing date Aug 23, 2025

    MLS# 235320 Listing URL

    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 Hwy 111

    This 5-acre tract is zoned for C-A General Commercial use and is located on Hwy 111 in the Northeast Cookeville / Algood area. The parcel offers high traffic counts and visibility. The corner lot provides over 800 feet of road frontage and is suitable for diverse commercial development. Potential uses include a convenience store, hotel, church, manufacturing facilities, retail outlets, restaurants, and mini-warehouses.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Cookeville
    County
    Putnam
    State
    Tennessee
    Longitude
    -85.43043547
    Latitude
    36.20895486

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    FAQs

    What type of property is this?
    Commercial land - 5-acre commercial land with high visibility on Hwy 111.
    Where is this commercial land located?
    The property is located at 2 Highway 111, Unit 2 Cookeville, TN.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: - 5-acre tract zoned C-A General Commercial, suitable for diverse commercial development.; - Premier location on Hwy 111 in the Northeast Cookeville / Algood area.; - High traffic counts and high visibility.
    (931) 510-4143
    Request Owner's contact information
    2 Highway 111, Unit 2 Cookeville, TN 38506
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    Cookeville, TN 38506
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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
    2 Highway 111, Unit 2 Cookeville, TN 38506
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