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Commercial and Industrial Land Available
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5000 Tennessee Ave, Cookeville, TN 38506

Development opportunity with commercial and industrial zoning near I-40.

Property SizeContact for details
Days on Market1181

Property Features for 5000 Tennessee Ave

General Information

Standard status Active
Property subtype Land
Listing Agency: Gateway Property Services
Listed By: Matthew Ody · License #TN 324682
Source: Crexi
Added: May 30, 2023 Changed: Aug 19 Last Checked: Aug 20 at 5:13PM

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 Gateway Property Services

Investment Insights

Based on property information with market context.

This property, zoned for commercial and industrial use, is available for development. It is located at exit 283 off I-40 in Cookeville, TN. Additional information regarding development in Cookeville, TN, can be found at the provided links: https://www.cookeville-tn.gov/340/Development-Plan and https://www.cookeville-tn.gov/325/2030-Comprehensive-Plan.

Key Highlights

  • Zoned for both commercial & industrial use
  • Available for development
  • Located at Exit 283 off I‑40 in Cookeville, TN

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

144
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?
Commercial land - Development opportunity with commercial and industrial zoning near I-40.
Where is this commercial land located?
The property is located at 5000 Tennessee Ave Cookeville, TN.
What is the asking price?
The asking price for this property is $4,075,725.
What are key features of this property?
This property features: Zoned for both commercial & industrial use; Available for development; Located at Exit 283 off I‑40 in Cookeville, TN
More about this property
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