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Property profile & analytics
OFF-MARKET
Land

0 Mine Lick Creek Rd Cookeville, TN 38505

6 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 6-acre property, situated on Mine Lick Creek Road in Cookeville, Tennessee, presents a unique opportunity for commercial and/or residential development. Located conveniently at exit 283 off Interstate 40, this land boasts unparalleled accessibility and visibility. The property is zoned for both commercial and industrial uses, offering flexibility for a wide range of development projects. Detailed information regarding Cookeville's development plans and the 2030 Comprehensive Plan can be found on the Cookeville, TN city website (links provided separately). This prime location offers significant potential for investors seeking to capitalize on Cookeville's growth trajectory. The asking price is $4,000,000. Lease options are available. The property is suitable for a variety of uses given its zoning and location. Serious inquiries are encouraged. This is a rare opportunity to acquire a substantial parcel of land in a thriving Tennessee community. The property's size and zoning make it ideal for large-scale development projects. The convenient Interstate access ensures excellent connectivity and ease of transportation. Don't miss this chance to secure a piece of Cookeville's future.

Property profile
Verified
Property type Land
Lot 6 ac (261,360 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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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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