Commercial Land with
For Sale
$2,000,000
540 Neal Street, Cookeville, TN 38501
Commercial Sale, Cookeville, TN
Property SizeContact for details
Lot Size19.53 Acres
Days on Market61
Property Features for 540 Neal Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CG
Directions
I - 40 Exit 287 (from I - 40 west) Right on S Jefferson, Right on Neal Street / Interstate Dr, property on right - directly across from Lowes.
Subdivision
Cookeville SE, TN
Standard status
Active
APN
066K A 017.00
Lot size
19.53 Acres
Taxes and HOA fees
Tax Annual Amount
4822
Utilities
Utilities
Natural Gas Available
Listing Agency:
American Way Real Estate
(931) 526-9581
Listed By:
Sarah Caldwell-Davis · License #243281
(931) 252-2949
Added: Jul 2
Changed: Aug 20
Last Checked: Aug 31 at 11:06AM
MLS# 217643
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.
This 19.53-acre commercial land tract is zoned CG and identified as being within an Opportunity Zone. A recorded plat indicates the potential for six lots, subject to the applicable restrictions in the associated documents. City services are available, and natural gas is listed as an available utility.
The property has 1,000 feet of frontage along Neal Street, less than 1 mile from the I-40 Exit 287 and Hwy 111 interchange with 41,000 daily traffic count. Lowes is located directly across Neal Street, which carries 16,000 daily traffic count. The surrounding commercial mix includes Nissan and Honda dealerships along with professional offices. The source information identifies retail, hotel, restaurant, and professional office uses as potential applications.
The property has 1,000 feet of frontage along Neal Street, less than 1 mile from the I-40 Exit 287 and Hwy 111 interchange with 41,000 daily traffic count. Lowes is located directly across Neal Street, which carries 16,000 daily traffic count. The surrounding commercial mix includes Nissan and Honda dealerships along with professional offices. The source information identifies retail, hotel, restaurant, and professional office uses as potential applications.
Key Highlights
- 19.53‑acre commercial land tract in an Opportunity Zone
- 1,000 feet of frontage along Neal Street
- CG zoning with restrictions detailed in associated documents
Property Analytics
Property Profile
Current Use
Lease Details
41,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
428
Businesses Nearby
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - CG-zoned commercial land with city services, natural gas availability, and access to established retail and automotive 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: 19.53‑acre commercial land tract in an Opportunity Zone; 1,000 feet of frontage along Neal Street; CG zoning with restrictions detailed in associated documents
