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Property profile & analytics
OFF-MARKET
Retail space

4628 Broad St Cookeville, TN 38501-9403

1,296 SF 0.39 ac lot Built 1920
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US80-1269764
Property summary
AI-generated overview

This exceptional 960-square-foot mixed-use property, situated on a 0.19-acre corner lot at 4628 W Broad St in Cookeville, Tennessee, presents a remarkable investment opportunity. Recently renovated, this building boasts a prime location with high visibility and traffic, making it ideal for a variety of businesses. The property has undergone extensive updates, including fresh exterior paint, a newly constructed front patio and seating area, a complete roof replacement, upgraded electrical and plumbing systems, and interior repainting. A substantial concrete parking area provides ample space for 20 vehicles. High-end appliances remain in the kitchen area, along with a built-in bar top, perfect for a restaurant or similar establishment. A functional security system with cameras is included and operational. The property's strategic location in Cookeville, close to Baxter and Interstate 40, ensures excellent accessibility and exposure to a large customer base. This turnkey property is ready for immediate occupancy, offering a rare blend of convenience, modern amenities, and high-traffic location. Priced at $275,000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Total area 1,296 SF
Lot 0.39 ac (17,010 SF)
APN 071055C A 00500
UPID US80-1269764
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • World Kitchen Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Jackie Garcia · 3 yrs held
Jackie Garcia
since 2022
Last sale
$160,000
3 recorded transactions
2022
$160,000
2021
$40,000
2020
$155,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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