Commercial Real Estate Market in Cookeville, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
64 active listings and 1,974 off-market properties in Cookeville, TN. Commercial property asks $191/SF to buy and $18.85/SF/Yr to lease (based on 4 listings).
Market Trends
Cookeville, TN spans 251.5 square miles in Putnam County, Tennessee. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Cookeville, TN has a median asking sale price of $239/SF (based on 7 listings). Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail space in Cookeville, TN has a median asking sale price of $232/SF (based on 8 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial space in Cookeville, TN has a median asking sale price of $164/SF (based on 4 listings). Vacancy runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily space in Cookeville, TN has a median asking sale price of $144/SF. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 63.7%
- Commercial 17.9%
- Mixed use 11.2%
- Industrial 4.6%
- Civic 2.4%
Largest Zones share of zoned land by district
Cookeville, TN zones 23,222 acres across 22 districts. Commercial zoning covers 17.9% of zoned land, residential 63.7% and industrial 4.6%. The largest single district is Single Family Residential at 31.3%. For commercial buyers the practical constraint is that only 22.5% of land carries a commercial or industrial designation.
PERMITTED USE RESIDENTIAL RS 20 RS 15 RS 10 RS 7.5 RS 5 RD RM 8 RM 14 RMHP PRD CBD CN CL CG CR PCD MS UNV CI LM HM QM Single-family detached XXXXXXX X X R X Zero lot-line detached R RRR X R Duplex/Two-family XX X X R X Zero lot-line attached RR X R Single-family attached (Townhouse) RRRR XRRRR R R Single-famil
Market overview
Demographics & Economy
Cookeville, TN has 71,961 residents in 32,177 households. Density runs 286 people per square mile. Median household income here is $56,035 and median gross rent $930 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Cookeville?
How much does it cost to lease commercial space in Cookeville?
What zoning applies to commercial property in Cookeville?
Where does Realmo's Cookeville market data come from?
Methodology & data sources
- Asking prices and medians
- There are 52 active for-sale and 12 active for-lease listings in Cookeville, TN. The medians are based on 27 of the for-sale and 4 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 23,222 zoned acres across 22 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
