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Property profile & analytics
OFF-MARKET
Land

0 Bilbrey Rd Cookeville, TN 38506

Property ID
Property summary
AI-generated overview

This exceptional 210-acre property in Putnam County, Tennessee, presents a unique blend of recreational and agricultural opportunities. Located just 16 minutes from the Algood Walmart, this farm offers convenient access to town while maintaining a secluded, rural atmosphere. The centerpiece is a stunning freshwater swimming and fishing hole, the headwaters of a spring creek. Adding to the recreational appeal is a 1-2 acre stocked pond, perfect for fishing or enjoying the tranquil surroundings. Equine enthusiasts will appreciate the substantial 8,000 square foot, 13-stall horse barn, complete with two tack rooms and a rustic bathroom. The property boasts two access roads for easy navigation and a diverse landscape. Approximately 30-40 acres are comprised of open pasture, ideal for grazing or hay production, while roughly 170 acres are wooded, providing ample space for hunting or simply enjoying the natural beauty of the Tennessee countryside. The asking price is $1,290,000, translating to $7,142.86 per acre. This is a rare opportunity to acquire a versatile and well-equipped farm in a desirable location. The property is located on Bilbrey Rd, Cookeville, TN 38506.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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