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    Cookeville, TN
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    Cookeville, TN Motels for Sale

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    Motel and Retail Property
    Updated: Jun 19
    Motel and Retail Property

    1115 S Willow Ave, Cookeville, TN 38501

    $2,690,000
    38,152 sqft 2.66 AC lot
    1115 S Willow Ave commercial site on 2.66 acres, located directly at the I‑40 & S Willow Ave interchange
    Zoned Class 08 Commercial (general commercial), allowing a range of retail, professional, or hospitality uses
    Current operations include an 80‑unit facility (Star Motor Inn) plus a retail storefront (Benny's Store)
    Building materials include block and brick; central air and natural gas central heat
    Public utilities include public water service; roof is composition
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    This listing looks promising.

    Here's a quick look at some key insights for

    1115 S Willow Ave, Cookeville, TN 38501

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    • Est. Cap Rate

      8.9%
      Above avg (5.9%)

    • Est. NOI

      $239K
      Annual

    • Mortgage

      $60K
      Recorded

    • Property Type

      Retail Stores
      Built 1967
    View Property Analytics
    Prime Commercial Site on Willow
    Updated: Apr 7
    Prime Commercial Site on Willow

    1115 S Willow Ave, Cookeville, TN 38501

    $2,690,000
    38,152 sqft 2.66 AC lot
    Premier location directly on the I‑40 & S Willow Ave interchange.
    Class 08 Commercial zoning allows for a wide range of retail, professional, or hospitality uses.
    Located across the street from the future Willows Shopping Center anchored by Target & Home Depot.
    2.66‑acre property in a fast‑growing corridor of Middle Tennessee.
    Currently operating as an 80‑unit facility (Star Motor Inn) & a retail storefront (Benny's Store).
    View details
    Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 2 Active listings in Cookeville, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Versatile Buchanan Commercial Property For Sale
    Versatile Buchanan Commercial Property For Sale

    15575 HWY 79N, Buchanan, TN 38222

    $1,250,000
    12,000 sqft 2.00 AC lot

    Commercial property with multiple revenue streams near Kentucky Lake.

    View details
    Maggie Valley Investment Opportunity
    Maggie Valley Investment Opportunity

    179 Lewis Lane, Maggie Valley, NC 28751

    $800,000
    3,882 sqft

    Motel with renovation potential near Great Smoky Mountains National Park.

    View details
    Mixed-Use Property Near Paris Landing
    Mixed-Use Property Near Paris Landing

    15555 Highway 79 N, Buchanan, TN 38222

    $1,500,000
    12,038 sqft 2.00 AC lot

    Motel, gas station, restaurant near Kentucky Lake.

    View details
    Hospitality Property in Smoky Mountains
    Hospitality Property in Smoky Mountains

    2878 Soco Rd, Maggie Valley, NC 28751

    $4,000,000

    35-key motel in Maggie Valley, North Carolina tourism corridor.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Near Interstate Exit
    Commercial Land Near Interstate Exit

    2690 N 1223 Highway, Corbin, KY 40701

    $650,000
    12.84 AC lot

    12.84 acres of commercial land near I-75.

    View details
    Dalton, GA Land For Sale
    Dalton, GA Land For Sale

    Waterfront Way, Dalton, GA 30721

    $1,650,000
    12.03 AC lot

    12.03 acre commercial land parcel in Dalton, Georgia.

    View details
    Gatlinburg Land with Mountain Views
    Gatlinburg Land with Mountain Views

    554 CAMPBELL LEAD Road, Gatlinburg, TN 37738

    $295,000
    0.15 AC lot

    Land near downtown Gatlinburg with panoramic mountain views.

    View details
    Zoned Commercial Land for Development
    Zoned Commercial Land for Development

    710 Cherokee Orchard Road, Gatlinburg, TN 37738

    $224,444
    0.39 AC lot

    Two adjoining parcels totaling about 0.62 acres are zoned C-2 General Business in Gatlinburg, TN.

    View details

    Off-Market Properties in Cookeville, TN

    Consider similar Off-Market properties in Cookeville, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    897 Jefferson Ave
    MOTEL

    897 Jefferson Ave, Cookeville, TN 38501-4075

    $3,170,000
    Estimated value
    31,306 sqft 4.20 AC lot
    View details
    1814 Salem Rd
    MOTEL

    1814 Salem Rd, Cookeville, TN 38506-6222

    $2,415,000
    Estimated value
    40,250 sqft 2.08 AC lot
    View details
    1292 Walnut Ave
    MOTEL

    1292 Walnut Ave, Cookeville, TN 38501-5962

    $1,540,000
    Estimated value
    24,418 sqft 1.90 AC lot
    View details
    635 Spg St
    MOTEL

    635 Spg St, Cookeville, TN 38501-3539

    Value Estimation by Request
    6,234 sqft 1.03 AC lot
    View details
    635 Spg St
    MOTEL

    635 Spg St, Cookeville, TN 38501-3539

    Value Estimation by Request
    2,203 sqft 1.00 AC lot
    View details
    1296 Walnut Ave
    MOTEL

    1296 Walnut Ave, Cookeville, TN 38501-5966

    Value Estimation by Request
    3,265 sqft 2.50 AC lot
    View details
    663 Willow Ave
    MOTEL

    663 Willow Ave, Cookeville, TN 38501-3801

    $1,030,000
    Estimated value
    17,926 sqft 1.30 AC lot
    View details
    1646 Spg St
    MOTEL

    1646 Spg St, Cookeville, TN 38506-4317

    Value Estimation by Request
    3,367 sqft 1.52 AC lot
    View details
    1100 Jefferson Ave
    MOTEL

    1100 Jefferson Ave, Cookeville, TN 38506-4297

    $1,120,000
    Estimated value
    18,956 sqft 2.00 AC lot
    View details
    440 Neal St
    MOTEL

    440 Neal St, Cookeville, TN 38501-4027

    $1,440,000
    Estimated value
    22,740 sqft 1.46 AC lot
    View details

    Cookeville, TN Motels Market Trends and Statistics

    Explore 12 motels for sale in Cookeville, TN on our real estate platform. These investment opportunities span a total of 76,304 square feet of properties for sale, with an estimated market value of $5,380,000.

    Sale prices for motels in Cookeville, TN start at $2,690,000, averaging $2,690,000, and reaching up to $2,690,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Motels 3

    Demographics Overview

    Population 73K
    Population Growth (5Y) +7.3%
    Median Household Income $55,913
    College Educated 16.8%

    High-Yield Neighborhoods for Investment

    Identify Cookeville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    38501 $2.2M

    Taxes & Financing

    Tax Rate (average for all types) 2.99%
    Property Tax per SF $60.03 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Putnam County

    New Delisted

    Total CRE Inventory on Market (SF)

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