Cookeville TN 38506 131.5 Ac Waterloo Fls Rd Cookeville, TN 38506

This exceptional 131.52-acre property presents a unique opportunity for residential development in Cookeville, Tennessee. Located near Waterloo Road and Falls, and bordering Spring Creek, this expansive tract offers a tranquil setting with convenient access. Currently zoned agricultural, the land boasts significant potential for multifamily or single-family new construction projects. The asking price is $1,315,000, translating to a price per acre ranging from $10,541 to $11,600. A significant advantage is the presence of a pre-installed 4-inch waterline, significantly reducing infrastructure costs for future development. Access to the property is via Waterloo Road, and a survey is readily available. The property's parcel number (APN) is 078 032.00. Situated in Overton County, Tennessee, with the address 131.5 AC Waterloo Falls Rd Cookeville, TN 38506 (latitude 36.327489, longitude -85.4347907), this land offers a compelling investment prospect for developers seeking a substantial acreage with existing utilities and convenient access. The property's proximity to natural features like Spring Creek adds to its appeal. This is a rare opportunity to acquire a large, well-situated parcel ready for development.