Operating Restaurant
210 Tommy Dodson Highway Cookeville, TN 38506
New
210 Tommy Dodson Highway, Cookeville, TN, 38506
$329,000
For Sale
$329,000
Updated single-unit restaurant building with walk-in cooler, seating for 60+ and included equipment on 1.24 acres.
Property Size3,200 SF
Lot Size1.24 Acres
Price / SF$102.81
Days on Market2
Property Features for 210 Tommy Dodson Highway
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Lot size
- 1.24 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2001
Listing agency
NextHome Investment
(931) 267-7275
Listed by
Odnie Chua · License #365077,PersonLicenseNumber
(931) 267-7275
Source
Firstrealty
Added: Jul 21 Updated: Jul 22 at 2:54AM Checked: Jul 22 at 2:54AM
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 NextHome Investment
Investment Insights
Based on property information with market context.
This 3,200 SF, single-unit restaurant building is currently operating with full-service operations. Built in 2001, the property has been completely updated and is described as well-maintained and in immaculate condition. The building includes 2 restrooms and a 10’ x 12’ walk-in cooler. Seating is listed as 60+, and the sale includes existing restaurant equipment.
The property offers a 14-foot ceiling height with 10-foot eaves, along with outside storage space for added operational flexibility. The site is described as having plenty of outside storage.
The existing configuration supports restaurant use, with commercial kitchen amenities in place and the option for other business types based on the stated flexibility of the facility.
The property offers a 14-foot ceiling height with 10-foot eaves, along with outside storage space for added operational flexibility. The site is described as having plenty of outside storage.
The existing configuration supports restaurant use, with commercial kitchen amenities in place and the option for other business types based on the stated flexibility of the facility.
Key Highlights
- Single‑unit restaurant building with 3,200 SF on 1.24 acres, built in 2001 and currently operating
- Full‑service restaurant setup includes existing restaurant equipment included in the sale
- Walk‑in cooler (10' x 12') plus seating capacity for 60+
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.4k | $9.81 |
| − Vacancy | −$1.4k | −$0.43 |
| EGI | $30.0k | $9.38 |
| − OpEx | −$9.0k | −$2.81 |
| NOI | $21.0k | $6.56 |
3,200 SF · lease $9.81/SF/yr · vacancy 4.40% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$756.8K
$662.2K – $882.9K
NOI $52,974 @ 7.0% cap · market cap 16.10%
Second Best
Industrial
$300.1K
$262.6K – $350.1K
NOI $21,008 @ 7.0% cap · market cap 6.39%
Theoretical Best
Office A
$1.32M
$1.16M – $1.54M
NOI $92,449 @ 7.0% cap · market cap 28.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Updated single-unit restaurant building with walk-in cooler, seating for 60+ and included equipment on 1.24 acres.
Where is this conventional restaurant located?
The property is located at 210 Tommy Dodson Highway Cookeville, TN.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Single‑unit restaurant building with 3,200 SF on 1.24 acres, built in 2001 and currently operating; Full‑service restaurant setup includes existing restaurant equipment included in the sale; Walk‑in cooler (10' x 12') plus seating capacity for 60+
