5000 Tennessee Ave Cookeville, TN 38506
This exceptional 5.259-acre parcel of land presents a remarkable opportunity for developers and investors seeking a strategic location in Cookeville, Tennessee. Situated at exit 283 off Interstate 40, this property boasts unparalleled accessibility and visibility, making it ideal for a wide range of commercial and industrial uses. The land is zoned for both commercial and industrial development, offering flexibility for various projects. Its expansive size provides ample space for large-scale construction, while its prime location ensures high visibility and convenient access for employees and customers. The asking price for this exceptional property is $3,000,000. Cookeville's robust economic growth and strategic location within the state make this a particularly attractive investment. Further information on Cookeville's development plans can be found on the city's official website. This property is being offered for sale by owner and represents a unique chance to acquire a significant piece of land in a thriving Tennessee community. The address is 5000 Tennessee Ave, Cookeville, TN 38506, located in Putnam County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.