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Property profile & analytics
OFF-MARKET
Land

0 Tennessee Ave Cookeville, TN 38501

61.3 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 61.3-acre parcel presents a unique opportunity for commercial and industrial development in Cookeville, Tennessee. Strategically located at the new I-40/Tennessee Avenue interchange (Exit 283) in Putnam County, this property boasts convenient access to major transportation routes. The site's road system connects I-40 to Tennessee Avenue, extending approximately 2.9 miles north and east to US 70N/SR 24, ensuring excellent regional connectivity. The property is zoned CI (Commercial Industrial Mixed-Use), allowing for a wide range of uses including industrial, retail, regional medical facilities, and general commercial establishments. The land is divisible, offering flexibility for various project sizes. Individual sites are available, including approximately 16.5 acres (Site #3), 31.1 acres (Site #4), 4.8 acres (Site #5), and 8.9 acres (Site #6). An additional ±6.46 acres adjacent to Site #6 is also available for sale or ground lease, representing a potential total of approximately 67.7 acres. This prime location and flexible zoning make this property ideal for businesses seeking a strong regional presence in a thriving Cookeville market. The property's zip code is 38501. Coordinates are 36.1519529 latitude and -85.5701456 longitude.

Property profile
Verified
Property type Land
Lot 61.3 ac (2,670,228 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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