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    Tennessee Ave Cookeville, TN 38501

    For Sale
    Contact for pricing

    Prime I-40 Commercial/Industrial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 61.3-acre parcel presents a unique opportunity for commercial and industrial development in Cookeville, Tennessee. Strategically located at the new I-40/Tennessee Avenue interchange (Exit 283) in Putnam County, this property boasts convenient access to major transportation routes. The site's road system connects I-40 to Tennessee Avenue, extending approximately 2.9 miles north and east to US 70N/SR 24, ensuring excellent regional connectivity. The property is zoned CI (Commercial Industrial Mixed-Use), allowing for a wide range of uses including industrial, retail, regional medical facilities, and general commercial establishments. The land is divisible, offering flexibility for various project sizes. Individual sites are available, including approximately 16.5 acres (Site #3), 31.1 acres (Site #4), 4.8 acres (Site #5), and 8.9 acres (Site #6). An additional ±6.46 acres adjacent to Site #6 is also available for sale or ground lease, representing a potential total of approximately 67.7 acres. This prime location and flexible zoning make this property ideal for businesses seeking a strong regional presence in a thriving Cookeville market. The property's zip code is 38501. Coordinates are 36.1519529 latitude and -85.5701456 longitude.

    Property Features for 0 Tennessee Ave

    General Information

    Property type
    Land
    Lot Size
    2,670,228 SF

    HighLights

    • 16.5‑acre site (#3) available for sale.
    • 31.1‑acre site (#4) available for sale.
    • 4.8‑acre site (#5) available for sale.
    • 8.9‑acre site (#6) available for sale.
    • ±6.46 acres adjacent to Site #6 available for sale or ground lease (separate ownership).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cookeville
    County
    Putnam
    State
    Tennessee
    Longitude
    -85.5701456
    Latitude
    36.1519529

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    FAQs

    What type of property is this?
    Land - Prime I-40 Commercial/Industrial Land
    Where is this land located?
    The property is located at Tennessee Ave Cookeville, TN.
    What are key features of this property?
    This property features: 16.5-acre site (#3) available for sale.; 31.1-acre site (#4) available for sale.; 4.8-acre site (#5) available for sale.
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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
    Tennessee Ave Cookeville, TN 38501
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