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Industrial Land with Year-Round Creek
For Sale
$1,800,000

550 E Davis Rd, Cookeville, TN 38506

22.88-acre tract zoned for agricultural use with a greenbelt exemption, utilities on site, and year-round creek.

Days on Market137

Property Features for 550 E Davis Rd

General Information

Standard status Active
Property subtype Land
Listing Agency: Highlands Elite Real Estate LLC
Listed By: Jennifer Givens
Source: Exprealty
Added: Mar 18 Changed: Jul 30 Last Checked: Jul 31 at 5:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Highlands Elite Real Estate LLC

Investment Insights

Based on property information with market context.

This industrial land tract totals 22.88 surveyed acres and is currently zoned with a Greenbelt Exemption as Agricultural. The property is surrounded by commercial and industrial properties, and with zoning approval it offers commercial and industrial zoning options.

Site utilities are available on the property, including sewer and water lines, with electrical on site. Access for development is designed for practicality, with the property located at the end of the road for improved ingress/egress and an additional unimproved access off Jefferson Ave into the rear of the property.

The land includes approximately 18 acres of open property, along with a year-round creek and a spring. The creek features rock formations that may support a nature walking trail concept as part of a broader development plan.

Key Highlights

  • 22.88 surveyed acres zoned with a Greenbelt Exemption as Agricultural
  • With zoning approval, property can offer commercial and industrial zoning
  • Sewer and water lines on property; electrical on property

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Plumbing Service Parking Lot & Garage Locksmith Skin Care Clinic Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

162
Businesses Nearby

Demographics for 38506, TN

29,976
Population
13,018
Households
2.3
Avg Household Size
42
Median Age
31%
College-Educated
90%
High-School Grad
164.3 sq mi
ZIP Area
182
Density / Sq Mi
$63,051
Median Household Income
$37,589
Median Earnings
$1,032
Median Rent
$256,100
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - 22.88-acre tract zoned for agricultural use with a greenbelt exemption, utilities on site, and year-round creek.
Where is this industrial land located?
The property is located at 550 E Davis Rd Cookeville, TN.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 22.88 surveyed acres zoned with a Greenbelt Exemption as Agricultural; With zoning approval, property can offer commercial and industrial zoning; Sewer and water lines on property; electrical on property
More about this property
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