Turnkey Auto Shop
For Sale
$549,900
2330 W Broad St, Cookeville, TN 38501
COMMERCIAL - Cookeville, TN
Property Size2,400 SF
Lot Size0.69 Acres
Price / SF$229.13
Days on Market125
Property Features for 2330 W Broad St
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Paved or Surfaced
Security features
Security System
Directions
From PCCH: Head W on Hwy 70 (Spring St -> Broad St) for 4.8 mi. Property on L across from The Doodle
Subdivision
Putnam Co SW, TN
Standard status
Active
APN
039 218.00
Size
2,400 SF
Lot size
0.69 Acres
Taxes and HOA fees
Tax Annual Amount
1604
Utilities
Utilities
Natural Gas Available
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Spring, Public
Amenities
two bathrooms
220V electrical
Building Details
Year built
2021
Floors in Building
1
Building materials
Frame, Metal Siding
Roof type
Metal
Listing Agency:
The Heartland Real Estate Co., Llc
(931) 403-5151
Listed By:
Grae Parton · License #370487
(931) 644-2530
Added: Apr 3
Changed: Aug 4
Last Checked: Aug 5 at 2:06AM
MLS# 243306
Copyright © 2026 Upper Cumberland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Turnkey auto shop opportunity or a blank slate for an existing business on a 0.69-acre parcel just west of Cookeville city limits on W Broad St (Hwy 70). The 2400 SF all-metal building (constructed in 2021) sits on poured concrete and is laid out for inventory storage with efficient customer access.
Inside, the property includes 2300 SF of workspace plus two bathrooms. The area around the shop is set up with expansion in mind if additional space is desired. Parking is provided on a paved or surfaced area.
Utilities are available, with natural gas available (gas not installed). Electrical is wired for 220V, and the shop is served by electric heating with central air cooling. The metal roof is supported by frame construction and exterior metal siding.
Inside, the property includes 2300 SF of workspace plus two bathrooms. The area around the shop is set up with expansion in mind if additional space is desired. Parking is provided on a paved or surfaced area.
Utilities are available, with natural gas available (gas not installed). Electrical is wired for 220V, and the shop is served by electric heating with central air cooling. The metal roof is supported by frame construction and exterior metal siding.
Key Highlights
- Over 0.69 acres with a 2400 SF all‑metal shop built in 2021
- Fronts Hwy 70 for over 140 ft
- 2300 SF workspace plus two bathrooms
Financial Insights For Retail
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 | $55.3k | $23.04 |
| − Vacancy | −$1.7k | −$0.69 |
| EGI | $53.6k | $22.35 |
| − OpEx | −$16.1k | −$6.70 |
| NOI | $37.5k | $15.64 |
2,400 SF · lease $23.04/SF/yr · vacancy 3.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$536.4K
$469.3K – $625.8K
NOI $37,546 @ 7.0% cap · market cap 6.83%
Second Best
Industrial
$225.1K
$197.0K – $262.6K
NOI $15,756 @ 7.0% cap · market cap 2.87%
Theoretical Best
Office A
$990.5K
$866.7K – $1.16M
NOI $69,337 @ 7.0% cap · market cap 12.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,701
Businesses Nearby
Well-served
Demand for This Use
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Automotive Solutions — 1928 W Broad St, Cookeville, TN 38501
- E&J Auto Repair,Towing&Detailing — 2585 W Broad St, Cookeville, TN 38501
- Rector's Body Shop & Auto — 234 Peach Orchard Rd, Cookeville, TN 38501
- Auto Angels, LLC — 3660 Shady Oak Cir, Cookeville, TN 38501
- The Tire Shop — 2330 W Broad St, Cookeville, TN 38501
Frequently Asked Questions
What type of property is this?
Auto shop - Auto shop on a 0.69-acre site with all utilities available, central air, and a frontage-ready layout for customer access.
Where is this auto shop located?
The property is located at 2330 W Broad St Cookeville, TN.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Over 0.69 acres with a 2400 SF all‑metal shop built in 2021; Fronts Hwy 70 for over 140 ft; 2300 SF workspace plus two bathrooms
