701 Blue Water Dr Algood, TN 38506

This exceptional 0.34-acre commercial lot is situated at 701 Blue Water Drive in Algood, Tennessee, zip code 38506, within minutes of Cookeville city limits, Highway 111, and Interstate 40. The property boasts a tranquil country setting, ideal for new development. Utilities are accessible at the roadside, though not currently installed. The lot presents a unique opportunity for building a new home, subject to specific developer guidelines. These guidelines mandate that all dwellings must exhibit 75% brick or stone exterior. Furthermore, garage entrances must face the side or rear of the home, unless a special variance is granted by the developer. The property benefits from low taxes and proximity to several attractions, including Tennessee Technological University, Cumming Falls State Park, Burgess Falls State Park, and Chestnut Hill Winery. This location offers convenient access to major transportation routes while maintaining a peaceful, rural atmosphere. Don't miss this chance to secure a prime piece of land in a rapidly developing area.