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    288 Old Gainesboro Hwy Cookeville, TN 38501

    Sponsored
    For Sale
    $450,000

    6,000 SF, .91 Acre, High Visibility

    Property size:
    6,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional 6,000 square foot commercial building presents a remarkable opportunity in Cookeville, Tennessee. Strategically located on 0.91 acres at 288 Old Gainesboro Highway, this property enjoys high visibility due to its proximity to the Highway 56 Gainesboro Grade intersection, ensuring significant traffic exposure. The building boasts robust steel beam construction, complemented by durable metal siding and roofing, promising longevity and low maintenance. Its spacious interior offers ample room for expansion or subdivision into multiple units, catering to diverse business needs. Currently featuring a full bath, a half bath, a full kitchen, and a showroom, the layout is versatile and adaptable. Three generously sized garage doors, each with its own bay area, provide convenient access and ample storage space. Further enhancing its appeal, the property has recently undergone significant upgrades, including the installation of two brand new 5-ton natural gas central heating and air conditioning units, ensuring year-round comfort and energy efficiency. This property's combination of size, location, and recent improvements makes it an ideal investment for a variety of commercial ventures. The high traffic area and versatile layout offer significant potential for growth and profitability. Don't miss this chance to acquire a prime commercial property in a thriving Cookeville location.

    Property Features for 288 Old Gainesboro Hwy

    General Information

    Property type
    Investment properties
    Square Feet
    6,000 SF
    Lot Size
    39,640 SF

    Building Details

    Year Built
    2011
    Property Profile Location Intelligence

    Current Use by Public Records

    U-Haul Neighborhood Dealer Trailer Rental Service Snyder's Auto Sales ... Car Dealer

    Suggested Use

    Realty agency Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Department Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Cookeville
    County
    Jackson County, TN
    State
    Tennessee
    Longitude
    -85.61017
    Latitude
    36.24174

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    FAQs

    What type of property is this?
    Investment property - 6,000 SF, .91 Acre, High Visibility
    Where is this investment property located?
    The property is located at 288 Old Gainesboro Hwy Cookeville, TN.
    What is the asking price?
    The asking price for this property is $450,000.
    (931) 559-8783
    Request Owner's contact information
    288 Old Gainesboro Hwy Cookeville, TN 38501
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    Cookeville, TN 38501
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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
    288 Old Gainesboro Hwy Cookeville, TN 38501
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