Commercial Land With Road
For Sale
$2,000,000
540 Neal Street, Cookeville, TN 38501
Land, Cookeville, TN
Property SizeContact for details
Lot Size19.53 Acres
Days on Market61
Property Features for 540 Neal Street
General Information
Property type
Land
Property subtype
Other
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 21
Last Checked: Aug 31 at 4:06AM
MLS# 217644
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 designated CG and includes approximately 1,000 feet of frontage on Neal Street. A recorded plat indicates the potential for six lots. The property is identified as an Opportunity Zone, and all city services are available; natural gas is also listed as available.
The tract is less than 1 mile from I-40 / Exit 287 and the Hwy 111 / Interchange with 41,000 daily traffic count. Lowe’s is directly across Neal Street, with 16,000 daily traffic count from Neal Street. The surrounding corridor includes Nissan and Honda dealerships along with professional offices. Stated commercial applications include retail, hotel, restaurant, and professional office uses, subject to CG zoning and restrictions in the associated documents.
The tract is less than 1 mile from I-40 / Exit 287 and the Hwy 111 / Interchange with 41,000 daily traffic count. Lowe’s is directly across Neal Street, with 16,000 daily traffic count from Neal Street. The surrounding corridor includes Nissan and Honda dealerships along with professional offices. Stated commercial applications include retail, hotel, restaurant, and professional office uses, subject to CG zoning and restrictions in the associated documents.
Key Highlights
- 19.53 acres of CG‑zoned commercial land
- Approximately 1,000 feet of frontage on Neal Street
- Less than 1 mile from I‑40 / Exit 287 and Hwy 111 / Interchange
Property Analytics
Property Profile
Current Use
Lease Details
41,000 VPD
Traffic count
Yes
Highway 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 available and natural gas available.
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 acres of CG‑zoned commercial land; Approximately 1,000 feet of frontage on Neal Street; Less than 1 mile from I‑40 / Exit 287 and Hwy 111 / Interchange
