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    1510 Holladay Rd Cookeville, TN 38506

    Sponsored
    For Sale
    $1,995,000

    52 Acres, I-40 Frontage, $1.995M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 52.4-acre industrial property in Cookeville, Tennessee, presents a unique investment opportunity. Located on Holladay Rd, it boasts over 1800 feet of frontage along Interstate 40, providing unparalleled access and visibility. Situated strategically between two established Cookeville industrial parks, the land benefits from readily available city utilities including electric, gas, water, and sewer services. Two convenient access points to I-40 ensure efficient inbound and outbound traffic flow. The property's zoning permits industrial development, aligning perfectly with Cookeville's robust industrial development policies designed to attract new businesses. Cookeville's thriving environment is further enhanced by the presence of Tennessee Technological University, a highly-ranked engineering school with over 10,000 students, contributing to a skilled regional workforce. The area's low crime rate and excellent school system create a desirable location for both businesses and employees. The Cookeville Higher Education Campus further strengthens the local workforce development. This property offers significant potential for industrial development and represents a compelling investment in a rapidly growing Tennessee community. The asking price is $1,995,000, with a land value of $35,305 per acre. The property is offered for sale by owner. The address is 1510 Holladay Rd, Cookeville, TN 38506.

    Property Features for 1510 Holladay Rd

    General Information

    Property type
    Land
    Lot Size
    2,282,544 SF

    HighLights

    • $1,995,000 asking price.
    • 52.4‑acre industrial land parcel.
    • Located in Cookeville, TN, at 1510 Holladay Rd, Putnam County, 38506.
    • Zoned for industrial use.
    • $35,305 per acre land value.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Auto Repair Shop Wholesale Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Cookeville
    County
    Putnam
    State
    Tennessee
    Longitude
    -85.544898570163
    Latitude
    36.135479872521

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    FAQs

    What type of property is this?
    Land - 52 Acres, I-40 Frontage, $1.995M
    Where is this land located?
    The property is located at 1510 Holladay Rd Cookeville, TN.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: $1,995,000 asking price.; 52.4-acre industrial land parcel.; Located in Cookeville, TN, at 1510 Holladay Rd, Putnam County, 38506.
    Request Owner's contact information
    1510 Holladay Rd Cookeville, TN 38506
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    Cookeville, TN 38506
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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
    1510 Holladay Rd Cookeville, TN 38506
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