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    Buffalo Valley Rd Cookeville, TN 38544

    Sponsored
    For Sale
    $2,240,000

    56 Acres, Multi-Use Potential, I-40 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 56-acre development tract presents a unique investment opportunity in Baxter, Tennessee. Located in Putnam County, this level property boasts over 1000 feet of road frontage on Buffalo Valley Road, offering excellent visibility and accessibility. Currently utilized for row crops, the land is strategically positioned within the city limits of Baxter, providing significant advantages for various development projects. Its proximity to Interstate 40 ensures convenient access to major transportation routes, while its location near the new Portobello Factory and Upperman Schools adds to its appeal. The property is less than 10 minutes from Cookeville city limits, providing easy access to additional amenities and services. The versatile zoning allows for a wide range of development possibilities, including single-family residential, multi-family housing, mixed-use projects, or even industrial development. The asking price is $2,240,000. This prime location and substantial acreage make this an ideal opportunity for developers seeking a high-potential investment in a rapidly growing area. The property is zoned for residential use. Serious inquiries only.

    Property Features for 0 Buffalo Valley Rd

    General Information

    Property type
    Multifamily properties
    Lot Size
    2,439,360 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Map

    City
    Cookeville
    County
    Putnam
    State
    Tennessee
    Longitude
    -85.625887630262
    Latitude
    36.153275730868

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    FAQs

    What type of property is this?
    Multifamily property - 56 Acres, Multi-Use Potential, I-40 Access
    Where is this multifamily property located?
    The property is located at Buffalo Valley Rd Cookeville, TN.
    What is the asking price?
    The asking price for this property is $2,240,000.
    Request Owner's contact information
    Buffalo Valley Rd Cookeville, TN 38544
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Buffalo Valley Rd Cookeville, TN 38544
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