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Prime Commercial Land Opportunity
For Sale
$13,999,900

991 S Walnut Ave, Cookeville, TN 38501

45.42-acre commercial development lot in the heart of Cookeville.

Property SizeContact for details
Lot Size45.42 Acres
Days on Market909

Property Features for 991 S Walnut Ave

General Information

Standard status Active
Lot size 45.42 Acres
Property subtype Unimproved Land
Listing Agency: Keller Williams Realty Nashville/Franklin
Listed By: Jeff Pate, CCIM · License #255401
Source: Baisleyhometownrealty
Added: Mar 19, 2024 Changed: Sep 7 Last Checked: Sep 12 at 3:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Nashville/Franklin

Investment Insights

Based on property information with market context.

This 45.42-acre lot presents a commercial development opportunity in Cookeville, Tennessee. The property has frontage on S Walnut Ave, Fairground St, and Southwood. All utilities are conveniently close by. The location allows for easy access to and from I-40. The property is adjacent to a major regional center called the Shoppes at Eagle Point, which includes Publix, Academy Sports, Drakes, Five Guys, Chicken Salad Chick, Cheddar’s Scratch Kitchen, Panera, Logan’s, and O’Charlies. Some portions of the property are zoned RS10. The property is suitable for a retail center, office complex, or mixed-use development.

Key Highlights

  • Prime commercial development opportunity on 45.42 acres in the heart of Cookeville.
  • Substantial frontage on S Walnut Ave, Fairground St, and Southwood.
  • Convenient access to all utilities.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Storage Facility Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

571
Businesses Nearby

Demographics for 38501, TN

41,141
Population
19,158
Households
2.1
Avg Household Size
33
Median Age
31%
College-Educated
88%
High-School Grad
87.1 sq mi
ZIP Area
472
Density / Sq Mi
$50,923
Median Household Income
$30,191
Median Earnings
$856
Median Rent
$245,100
Median Home Value
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Frequently Asked Questions

What type of property is this?
Commercial land - 45.42-acre commercial development lot in the heart of Cookeville.
Where is this commercial land located?
The property is located at 991 S Walnut Ave Cookeville, TN.
What is the asking price?
The asking price for this property is $13,999,900.
What are key features of this property?
This property features: Prime commercial development opportunity on 45.42 acres in the heart of Cookeville.; Substantial frontage on S Walnut Ave, Fairground St, and Southwood.; Convenient access to all utilities.
More about this property
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