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    2025 Salem Rd Cookeville, TN 38506

    For Sale
    Contact for pricing

    Prime 212-acre commercial tract, I-40 access.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 212+/- acre commercial property presents a rare development opportunity within Cookeville city limits. Ideally situated on a corner lot with significant Interstate 40 frontage (estimated 3400 feet) and Highway 111 access, this expansive tract offers unparalleled visibility and connectivity. The property is already zoned commercial and has undergone extensive pre-development work, including a completed survey, Phase 1 and 2 environmental studies, a geo-technical report, soil testing, and topographic analysis. Detailed drone footage is available upon request. All essential utilities—city water, gas, sewer, and electric—are readily accessible. The seller is willing to subdivide the acreage to meet buyer needs, with a minimum parcel size of 4 acres to avoid zoning issues. This large, beautifully situated parcel represents one of the last remaining tracts of this size within Cookeville's city limits. Its strategic location offers endless possibilities for a wide range of commercial and/or residential developments. Cookeville's rapid growth is fueled by its proximity to major cities including Nashville, Chattanooga, Knoxville (all approximately 1.5 hours away), and Lexington/Louisville, KY. Cookeville is Tennessee's largest micropolitan city (out of 20) and ranks as the 4th fastest-growing micropolitan area nationally. This is a truly unique opportunity to acquire a significant land holding in a thriving market.

    Property Features for 2025 Salem Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    9,234,720 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -85.4735
    Latitude
    36.13368

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 212-acre commercial tract, I-40 access.
    Where is this commercial real estate located?
    The property is located at 2025 Salem Rd Cookeville, TN.
    What is the asking price?
    The asking price for this property is $1.00.
    (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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