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    2175 Hawkins Crawford Rd Cookeville, TN 38501

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    For Sale
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    67 Acres, I-40 & TN Ave Exit 283

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 67-acre commercial land parcel presents a prime development opportunity at the northwest corner of Interstate 40 and Tennessee Avenue, Exit 283 in Cookeville, Tennessee. Boasting approximately 2,884 feet of high-visibility frontage along I-40, plus additional frontage on the I-40 westbound on-ramp and Hawkins Crawford Road, this site offers unparalleled access and exposure. The property is zoned for Commercial-Industrial (CI) and General Commercial (CG), allowing for a diverse range of uses including regional commercial, industrial, medical, lodging, restaurant, multifamily, and retail. Located within a Qualified Opportunity Zone (QOZ), this site benefits from significant tax advantages. The high traffic volume of I-40 (53,413 vehicles per day, Q3 2022) ensures substantial visibility and accessibility. Cookeville's thriving economy, fueled by Tennessee Tech University and Cookeville Regional Medical Center, and its position as a top 10 fastest-growing micropolitan market, makes this a compelling investment. Putnam County's central location serves a trade area exceeding 220,000 people. The absence of state income tax further enhances the investment appeal. Utilities including water, sewer, and gas will be provided. The future Putnam County Convention Center is situated nearby, adding to the area's growth potential. Multiple parcels are available, making this ideal for large-scale regional development.

    Property Features for 2175 Hawkins Crawford Rd

    General Information

    Property type
    Land
    Lot Size
    2,918,520 SF

    HighLights

    • Multiple parcels available for sale.
    • I‑40 highway frontage.
    • Regional development opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Hotel & Motel Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cookeville
    County
    Putnam
    State
    Tennessee
    Longitude
    -85.5828963
    Latitude
    36.1434957

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    FAQs

    What type of property is this?
    Land - 67 Acres, I-40 & TN Ave Exit 283
    Where is this land located?
    The property is located at 2175 Hawkins Crawford Rd Cookeville, TN.
    What are key features of this property?
    This property features: Multiple parcels available for sale.; I-40 highway frontage.; Regional development opportunity.
    Request Owner's contact information
    2175 Hawkins Crawford Rd Cookeville, TN 38501
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    Cookeville, TN 38501
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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
    2175 Hawkins Crawford Rd Cookeville, TN 38501
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