540 Neal Street Cookeville, TN 38501

This offering is a 19.53-acre commercial land parcel zoned CG, with restrictions outlined in the associated documents. The property is also identified as an Opportunity Zone. A plat is available showing the possibility of developing up to six lots, depending on approvals and requirements tied to the submitted plan.

The site has 1,000 feet of frontage on Neal Street and is located less than one mile from I-40 at Exit 287 and the Hwy 111 interchange. Public remarks also reference a 41,000 daily traffic count at the interchange and a nearby traffic count of 16,000 daily from Neal Street, with a Lowe’s directly across the street. The immediate area is described as mixed-use, including dealerships and professional offices.

For buyers, the size, frontage, and CG zoning support a range of commercial development concepts noted in the remarks, including retail, a hotel, restaurants, or professional office use. City services are reported as available, and the ability to potentially create multiple lots may be relevant for operators or developers evaluating phased or multi-tenant opportunities. Prospective buyers should review the CG zoning restrictions in the associated documents and the lot configuration shown on the provided plat to confirm final development details.