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Prime Commercial Land For Sale

540 Neal Street Cookeville, TN 38501

540 Neal Street, Cookeville, TN, 38501
$2,000,000
For Sale
$2,000,000

Commercial land with high traffic, ideal for various businesses.

Lot Size19.53 Acres
Days on Market1229

Property Features for 540 Neal Street

General Information

Standard status
Active
Lot size
19.53 Acres
Property subtype
Lots/Land
Listing Agency American Way Real Estate
Listed by Sarah Caldwell-Davis · License #243281
Source Exitrealty
Added: Mar 6, 2023 Checked: Jul 17 at 4:15 am

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 American Way Real Estate


Investment Insights

Based on property information with market context.

This commercial land offers an excellent location suitable for retail, hotel, restaurants, or professional offices. The property features 1,000 feet of frontage on Neal Street and is situated less than 1 mile from I-40 (Exit 287) and Hwy 111 Interchange, benefiting from a daily traffic count of 41,000. A Lowes store is located directly across the street, contributing an additional 16,000 daily traffic count from Neal Street. The surrounding area includes Nissan and Honda dealerships, along with a mix of professional offices. All city services are available. The zoning is CG, with restrictions detailed in associated documents. A plat suggests the possibility of dividing the property into 6 lots.

Key Highlights

  • Excellent location with 1,000 feet of frontage on Neal Street.
  • High traffic count: 41,000 daily near I‑40/Hwy 111 interchange.
  • Proximity to major retailers: Directly across from Lowes (16,000 daily traffic count).

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

HVAC Service Plumbing Service Electrical Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Grooming Service Law Firm (Bike/Boat/Book/etc) Store Locksmith

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

FAQs

What type of property is this?
Commercial land - Commercial land with high traffic, ideal for various businesses.
Where is this commercial land located?
The property is located at 540 Neal Street Cookeville, TN.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Excellent location with **1,000 feet of frontage on Neal Street.**; **High traffic count: 41,000 daily** near I‑40/Hwy 111 interchange.; Proximity to major retailers: Directly across from Lowes (16,000 daily traffic count).
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