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Property profile & analytics
OFF-MARKET
Land

635 Thompson Crk Ln Cookeville, TN 38506

0.73 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.73-acre commercial land parcel is situated at 635 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 is part of a new development, providing a tranquil country setting while remaining close to urban amenities. Utilities are available at the road, though not currently installed on the property. The picturesque Cumberland Plateau location offers proximity to attractions such as Cummings Falls State Park and Tennessee Technological University, as well as Chestnut Hill Winery. This presents a compelling investment opportunity with low taxes. All dwellings constructed on the lot must adhere to specific architectural guidelines, requiring 75% brick or stone exterior. Garage entrances must face the side or rear of the home, unless a variance is granted by the developer, who retains final approval on all building plans. The asking price for this remarkable property is $35,500.

Property profile
Verified
Property type Land
Lot 0.73 ac (31,799 SF)
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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