5300 Luke Ln Cookeville, TN 38506
- Commercial real estate
- 0.39 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5300 Luke Ln
- Lot size
- 0.39 lot acres
- Property type
- Commercial real estate
Description
This exceptional 0.39-acre commercial land parcel is situated at 5300 Luke Ln, Cookeville, TN 38506, offering a unique opportunity for development. Located in Putnam County, this property boasts a quiet country setting while enjoying convenient proximity to Cookeville city limits, Highway 111, and Interstate 40. The land is ideal for new construction, presenting beautiful building lots ready for your vision. While utilities are not currently installed, they are readily available at the roadside. The property is part of a planned development with specific architectural guidelines in place. All dwellings must incorporate at least 75% brick or stone, and garage entrances must typically face the side or rear of the home, subject to developer approval on all plans. This location offers easy access to the amenities of Cookeville, including Tennessee Technological University, and the natural beauty of the Cumberland Plateau, with nearby attractions such as Cummings Falls State Park, Burgess Falls State Park, and Chestnut Hill Winery. Low taxes further enhance the appeal of this attractive investment opportunity. The asking price for this exceptional property is $36,500.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cookeville
- County
- Putnam
- State
- Tennessee
- Longitude
- -85.524953
- Latitude
- 36.085316
