Current Use by Public Records
- Land
Property Details for 724 Blue Water Dr
- Lot size
- 0.45 lot acres
- Property type
- Land
Description
This exceptional 0.45-acre commercial land parcel is situated at 724 Blue Water Drive in Cookeville, Tennessee, zip code 38506. Priced affordably at $31,000, this property presents a unique opportunity for development. Located minutes from Cookeville city limits, Highway 111, and Interstate 40, it offers convenient access to major transportation routes. The land boasts a tranquil country setting, ideal for a variety of commercial ventures. While utilities are not currently installed, they are readily available at the roadside. The property is subject to specific development guidelines, requiring 75% brick or stone construction for all dwellings. Garage entrances must face the side or rear of the home unless a variance is granted by the developer. The developer retains final approval on all building plans. This location benefits from proximity to Tennessee Technological University, several state parks including Cummings Falls and Burgess Falls, and Chestnut Hill Winery, offering potential for strong local demand. Low taxes further enhance the investment appeal of this attractive property.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cookeville
- County
- Putnam
- State
- Tennessee
- Longitude
- -85.5206
- Latitude
- 36.0816
