Commercial Land with 1,000-Foot
540 Neal Street Cookeville, TN 38501
540 Neal Street, Cookeville, TN, 38501
$2,000,000
For Sale
$2,000,000
LAND - Cookeville, TN
Lot Size19.53 Acres
Days on Market16
Property Features for 540 Neal Street
General Information
- Property type
- Land
- Property subtype
- Other
- 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
710 S Jefferson Ave., Cookeville, TN
Listed by
Sarah Caldwell-Davis · License #243281
(931) 252-2949
Added: Jul 2 Checked: Jul 17 at 12:06 am
MLS# 217644
Listing URL
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 offering includes a plat that shows the possibility of dividing the property into up to six lots, subject to applicable approvals. The parcel is listed as being in an Opportunity Zone, and is governed by restrictions referenced in associated documents. City services are available for development planning under the stated zoning.
The property has approximately 1,000 feet of frontage on Neal Street. It is located less than one mile from I-40 at Exit 287 and from the Hwy 111 interchange with daily traffic count cited at 41,000. Lowes is directly across the street, with daily traffic count from Neal Street cited at 16,000, supporting visibility and customer access. The surrounding area is described as a mix of uses, including dealerships and professional offices.
Zoned CG, the site is presented for uses such as retail, hotel, restaurants, or professional offices, subject to the zoning and the restrictions in the associated documents. With frontage and the option for multiple lots shown on the plat, the property may fit developers and operators looking to plan a compatible commercial mix along a high-traffic corridor.
The property has approximately 1,000 feet of frontage on Neal Street. It is located less than one mile from I-40 at Exit 287 and from the Hwy 111 interchange with daily traffic count cited at 41,000. Lowes is directly across the street, with daily traffic count from Neal Street cited at 16,000, supporting visibility and customer access. The surrounding area is described as a mix of uses, including dealerships and professional offices.
Zoned CG, the site is presented for uses such as retail, hotel, restaurants, or professional offices, subject to the zoning and the restrictions in the associated documents. With frontage and the option for multiple lots shown on the plat, the property may fit developers and operators looking to plan a compatible commercial mix along a high-traffic corridor.
Key Highlights
- 1,000 feet of frontage on Neal Street
- Less than 1 mile to I‑40 (Exit 287) and Hwy 111 / interchange with 41
- Near traffic generators: Lowe’s across the street and 41,000 daily traffic count on Hwy 111 / interchange with 41
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - 19.53-acre commercial site with long Neal Street frontage and public utilities, suitable for retail, lodging, dining, or offices.
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: 1,000 feet of frontage on Neal Street; Less than 1 mile to I‑40 (Exit 287) and Hwy 111 / interchange with 41; Near traffic generators: Lowe’s across the street and 41,000 daily traffic count on Hwy 111 / interchange with 41
