624 Thompson Crk Ln Cookeville, TN 38506
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.