2025 Salem Road, Cookeville, TN 38506

Listing office Exit Real Estate Solutions

Listing date Sep 10, 2020

Source Baisleyhometownrealty

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Overview

A 212 +/- acre family farm property being transitioned for commercial use and offered for sale with the ability to subdivide acreage to suit buyer needs. The property is surveyed, and Phase 1 and 2 work have been completed, including a GEO report, soil testing, topography, and an environmental study. The seller has indicated a minimum of 4 acres for subdivision to avoid going back to zoning.

The tract is located within Cookeville city limits and is described as well-suited to development with frontage along Interstate 40 and Hwy 111, and an estimated 3,400 feet of interstate frontage. The offering is positioned for buyers looking to develop within established municipal boundaries, with utilities reported as available at the site: city water, gas, sewer, and electric.

This property may fit buyers seeking a larger commercial land bank with documented due diligence and the flexibility to shape parcels around project requirements. Because the minimum subdivision size and the status of survey and environmental work are already addressed, it can support a range of development concepts that align with the property’s commercial zoning and the buyer’s planned layout. Drone footage is available upon request.

Suggested Use

Restaurant Real Estate Agency Building Supply Big Box & Wholesale Store Dental Office Auto Repair Shop Pharmacy Hotel & Motel Gym & Fitness Center Auto Parts Store

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

Location Insight

• Map
• Local Demand

City

Cookeville

County

Putnam

State

Tennessee

Longitude

-85.4735118

Latitude

36.1336817

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FAQs

What type of property is this?

Commercial land - Large, commercially zoned tract with completed planning work and available utilities for development within city limits.

Where is this commercial land located?

The property is located at 2025 Salem Road Cookeville, TN.

What is the asking price?

The asking price for this property is $5,458,274.

What are key features of this property?

This property features: 212 +/- acres within Cookeville city limits, zoned commercial for development opportunities; Estimated 3,400 ft of Interstate frontage plus Hwy 111 exposure near I‑40 for traffic visibility; Surveyed with Phase 1 and Phase 2 completed, along with GEO report, soil testing, topography, and environmental study