CG-Zoned Commercial
For Sale
$1,275,000
540 Neal Street, Cookeville, TN 38501
Land, Cookeville, TN
Property SizeContact for details
Lot Size3.70 Acres
Days on Market63
Property Features for 540 Neal Street
General Information
Property type
Land
Property subtype
Other
Lot features
Corner Lot
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
017.00 P/O
Lot size
3.70 Acres
Taxes and HOA fees
Tax Annual Amount
0
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Water source
Public
Listing Agency:
American Way Real Estate
(931) 526-9581
Listed By:
Sarah Caldwell-Davis · License #243281
(931) 252-2949
Added: Jul 2
Changed: Aug 21
Last Checked: Sep 2 at 2:06AM
MLS# 244732
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 3.7-acre commercial outparcel is being offered from a larger 19.53-acre tract. The property carries CG (Commercial General) zoning, which the listing identifies as accommodating medical and professional offices, law firms, childcare facilities, automobile service businesses, retail, restaurants, mixed-use projects, and multifamily residential development. Public water and public sewer are available, and natural gas is listed as available.
The site is located on Neal Street in Cookeville, approximately one-half mile from Exit 287. Traffic on the corridor is estimated at approximately 16,000 vehicles per day, while traffic at the interstate exit exceeds 41,000 vehicles per day. The location provides exposure to local and interstate traffic within a commercial corridor identified as one of Cookeville’s fastest-growing.
The site is located on Neal Street in Cookeville, approximately one-half mile from Exit 287. Traffic on the corridor is estimated at approximately 16,000 vehicles per day, while traffic at the interstate exit exceeds 41,000 vehicles per day. The location provides exposure to local and interstate traffic within a commercial corridor identified as one of Cookeville’s fastest-growing.
Key Highlights
- 3.7‑acre commercial outparcel from a larger 19.53‑acre tract
- CG (Commercial General) zoning
- Approximately 16,000 vehicles per day on the corridor
Property Analytics
Property Profile
Current Use
Lease Details
16,000 VPD
Traffic count
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 - Public water and sewer are available, with natural gas service available for future development.
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 $1,275,000.
What are key features of this property?
This property features: 3.7‑acre commercial outparcel from a larger 19.53‑acre tract; CG (Commercial General) zoning; Approximately 16,000 vehicles per day on the corridor
