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Property profile & analytics
OFF-MARKET
Land

624 Thompson Crk Ln Cookeville, TN 38506

1.51 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.51-acre commercial land parcel is ideally situated at 624 Thompson Creek Ln, Cookeville, TN 38506, offering a unique opportunity for new development. Located just minutes from Cookeville city limits, Highway 111, and Interstate 40, this property boasts convenient access to major transportation routes. The picturesque setting provides a tranquil country atmosphere while remaining close to urban amenities. Utilities are readily available at the roadside, although not currently installed on the property. The development features beautiful building lots, perfect for constructing a new home or commercial venture. All dwellings must adhere to specific architectural guidelines, requiring 75% brick or stone exterior. Developer approval is required for all building plans, including garage placement, which typically faces the side or rear of the home unless a variance is granted. This prime location offers low taxes and proximity to attractions such as Tennessee Technological University, Cumming Falls State Park, and Chestnut Hill Winery. Don't miss this chance to acquire a remarkable piece of land in a thriving Cookeville community. This property is priced affordably at $41,000.

Property profile
Verified
Property type Land
Lot 1.51 ac (65,776 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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