1433 Jefferson Ave Cookeville, TN 38506
This exceptional 2.37-acre commercial land parcel presents a remarkable investment opportunity in Cookeville, Tennessee. Located at 1433 S Jefferson Ave, this property boasts a highly desirable location, approximately one mile from Interstate 40, ensuring excellent visibility and accessibility. The site is zoned CG, opening doors to a variety of commercial development possibilities. With a total asking price of $1,200,000, this translates to an attractive price per acre of $506,329. The property's strategic positioning along the busy Jefferson Avenue corridor makes it ideal for businesses seeking high traffic exposure. The four available land parcels offer flexibility for developers looking to create a multi-business complex or a single large-scale development. This prime location, combined with its convenient proximity to Interstate 40 and its favorable zoning, makes this a truly exceptional opportunity for investors seeking significant returns. Serious inquiries are encouraged to explore the potential of this exceptional Cookeville commercial land offering. The property is situated in Putnam County, Tennessee, and has a zip code of 38506. The geographic coordinates are latitude 36.2452673 and longitude -85.5406209.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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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.