611 Thompson Crk Ln Cookeville, TN 38506
This exceptional 1.2-acre commercial land parcel is situated at 611 Thompson Creek Ln, Cookeville, TN 38506, offering a unique opportunity for development. Located minutes from Cookeville city limits, Highway 111, and Interstate 40, this property boasts convenient access to major transportation routes. The land presents itself as beautiful building lots in a quiet country setting. While utilities are not currently installed, they are readily available at the roadside. The development features specific architectural guidelines, requiring all dwellings to have a minimum of 75% brick or stone exterior. Developer approval is necessary for all building plans, and garage entrances must typically face the side or rear of the home, though variances may be granted. This property is ideally suited for those seeking a tranquil yet accessible location, close to amenities and attractions such as Tennessee Technological University, Cumming Falls State Park, and Chestnut Hill Winery. The low taxes in Putnam County further enhance the investment potential of this remarkable land opportunity. Don't miss this chance to build your dream project in this desirable area.
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
Similar Nearby for Sale
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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.