Cookeville Industrial Building For
For Sale
$1,500,000
1075 Willow Industrial Court, Cookeville, TN 38501
20,000 SF industrial building suitable for distribution and manufacturing.
Property Size19,200 SF
Price / SF$75
Days on Market149
Property Features for 1075 Willow Industrial Court
General Information
Standard status
Active
Size
19,200 SF
Property subtype
Warehouse
Building Details
Building Size
19,200 SF
Year Built
2001
Listing Agency:
Upper Cumberland Commercial Real Estate Services
Listed By:
Craig Hughes · License #339942
(931) 284-9098
Source:
Thebrokerlist
Added: May 21
Changed: Oct 8
Last Checked: Oct 16 at 5:49AM
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 Upper Cumberland Commercial Real Estate Services
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property at 1075 Willow Industrial Court in Cookeville, TN, is a 20,000 SF industrial building constructed in 2001. It is suitable for distribution and light manufacturing. The building features durable construction, spacious clear-height areas, a generous truck court, and wide drive aisles. It also includes modern electrical and utility infrastructure, ample parking, and a secure perimeter. The property has 3-Phase Power, sprinklers, and air lines installed. The location is less than a mile from I-40 and approximately 78 miles from Nashville, TN, providing access to regional and national markets. The surrounding area offers a skilled workforce, strong infrastructure, and a pro-business environment.
Key Highlights
- Prime industrial location less than a mile from I‑40, providing easy access to regional and national markets.
- 20,000 SF building tailored for distribution and light manufacturing.**
- Durable construction, spacious clear‑height areas, and a generous truck court.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$131,297
Cap Rate
8.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,625,940
$2.6M
Cap Rate 7%
$1,875,671
$1.9M
Cap Rate 9%
$1,458,856
$1.5M
Market Conditions
NOI Build-Up for 20,000 SF
Gross rent
$196.2K $9.81/SF
− Vacancy
−$8.6K −$0.43/SF
EGI
$187.6K $9.38/SF
− OpEx
−$56.3K −$2.81/SF
NOI
$131.3K $6.56/SF
Area
Putnam County, TN
Vacancy
4.40%
Lease Rate
$9.81 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,625,940
Cap Rate 7%
$1,875,671
Cap Rate 9%
$1,458,856
Alternative Uses
Best Use
Warehouse
$2.28M
$1.99M – $2.66M
NOI $159,432 @ 7.0% cap · market cap 10.63%
Second Best
Industrial
$1.88M
$1.64M – $2.19M
NOI $131,297 @ 7.0% cap · market cap 8.75%
Theoretical Best
Office A
$8.25M
$7.22M – $9.63M
NOI $577,805 @ 7.0% cap · market cap 38.52%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
285
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Distribution center - 20,000 SF industrial building suitable for distribution and manufacturing.
Where is this distribution center located?
The property is located at 1075 Willow Industrial Court Cookeville, TN.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Prime industrial location less than a mile from I‑40, providing easy access to regional and national markets.; 20,000 SF building tailored for distribution and light manufacturing.**; Durable construction, spacious clear‑height areas, and a generous truck court.
