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Motel with Balcony
New
For Sale
$9,200,000

1814 Salem Rd, Cookeville, TN 38506

Built in 1973, the property includes central air and natural gas service.

Property Size40,250 SF
Days on Market7

Property Features for 1814 Salem Rd

General Information

Standard status Active
Size 40,250 SF
Property subtype Residential Income

Site & Location

Highway Access Yes
Road Access Yes

Amenities

Central Air
Central, Natural Gas
Microwave, Refrigerator, Other
On Site
Balcony

Building Details

Building Size 40,250 SF
Year Built 1973
Listing Agency: PWA Properties
Listed By: Kevin G. Tipton · License #275491
Source: Evrealestate
Added: Oct 1 Changed: Oct 3 Last Checked: Oct 5 at 6:21PM

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 PWA Properties

Investment Insights

Based on property information with market context.

This motel at 1814 Salem Rd in Cookeville was built in 1973. Interior features include central air, natural gas, a microwave, and a refrigerator; the exterior includes a balcony.

The property can be reached from I-40 via exit 288 and Hwy 111 S, with the route continuing to Salem Road.

Key Highlights

  • Motel property built in 1973
  • Central air and natural gas
  • Microwave and refrigerator included

Property Analytics

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Current Use

Suburban Studios Cookeville Hotel & Motel FALL CREEK INN Hotel & Motel

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Locksmith Big Box & Wholesale Store Real Estate Agency

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

91
Businesses Nearby
Well-served
Demand for This Use

Demographics for 38506, TN

29,976
Population
13,018
Households
2.3
Avg Household Size
42
Median Age
31%
College-Educated
90%
High-School Grad
164.3 sq mi
ZIP Area
182
Density / Sq Mi
$63,051
Median Household Income
$37,589
Median Earnings
$1,032
Median Rent
$256,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Similar Off Market Nearby

  • Suburban Studios Cookeville — 1814 Salem Rd, Cookeville, TN 38506
  • FALL CREEK INN — 1814 Salem Rd, Cookeville, TN 38506

Frequently Asked Questions

What type of property is this?
Motel - Built in 1973, the property includes central air and natural gas service.
Where is this motel located?
The property is located at 1814 Salem Rd Cookeville, TN.
What is the asking price?
The asking price for this property is $9,200,000.
What are key features of this property?
This property features: Motel property built in 1973; Central air and natural gas; Microwave and refrigerator included
More about this property
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