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    2025 Salem Rd Cookeville, TN 38506

    For Sale
    $580,000

    High-traffic retail space, 4 acres, excellent condition.

    Property size:
    2,198 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional Cookeville retail property presents a unique investment opportunity. Situated on four prime acres with 1,055 square feet of Interstate 40 frontage off Highway 111, this location offers unparalleled visibility and accessibility. The property includes a well-maintained 2,200 square foot home, perfect for owner-occupancy or immediate rental income. A full walk-out basement provides additional, unfinished space, not included in the 2,198 square foot building footprint. The existing home boasts convenient access to city utilities, including electric, water, sewer, gas, cable, and Wi-Fi. This property is ideally suited for a variety of retail or office uses, offering ample space for expansion and parking. Its strategic location in the heart of Cookeville, a rapidly growing city, makes it an attractive prospect for investors and developers seeking to capitalize on the area's thriving economy. The combination of high visibility, ample space, and existing infrastructure makes this property a truly exceptional opportunity. Don't miss out on this chance to secure a prime location in a booming market.

    Property Features for 2025 Salem Rd

    General Information

    Property type
    Retail properties
    Square Feet
    2,198 SF
    Lot Size
    174,240 SF

    Building Details

    Year Built
    1960
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Dental Office Auto Repair Shop Clothing Store Pharmacy Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Cookeville
    County
    Putnam County, TN
    State
    Tennessee
    Longitude
    -85.46134
    Latitude
    36.13887

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, 4 acres, excellent condition.
    Where is this retail property located?
    The property is located at 2025 Salem Rd Cookeville, TN.
    What is the asking price?
    The asking price for this property is $580,000.
    (615) 826-0001
    Request Owner's contact information
    2025 Salem Rd 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
    2025 Salem Rd Cookeville, TN 38506
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