0 Mine Lick Creek Rd Cookeville, TN 38501
This exceptional 66.3-acre commercial property in Cookeville, Tennessee, presents a unique investment opportunity. Strategically located at the new Interstate 40/Tennessee Avenue interchange (Exit 283), this site boasts unparalleled access and visibility. The property is divided into four development tracts, zoned CI (Commercial Industrial Mixed-Use), allowing for a wide range of commercial uses including industrial, retail, regional medical, and general commercial establishments. Water and sewer services are available to each tract. Tract 3 encompasses 16.5 acres, Tract 4 spans 31.1 acres, and Tract 5 covers 9.8 acres (with 5.0 acres currently under contract). Tract 6 includes 8.9 acres, with an additional 6.46 adjacent acres available for sale or ground lease. The completed road system, finished in summer 2018, provides convenient access between I-40 and Tennessee Avenue, extending approximately 2.9 miles north and east to connect with US 70N/SR 24. This location is perfectly positioned to serve the regional market, making it an attractive proposition for businesses seeking a strong presence in the Cookeville area. The property's size and zoning make it suitable for large-scale commercial and industrial development projects. The zip code is 38501.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.