Financial
Distress signals
Property profile

16 Spg St Cookeville, TN 38501

OFF-MARKET
Retail space
Property ID
US80-1195273
1,975 SF 0.07 ac lot Built 1935
Last sale Feb 2026 · $600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Commercial building located at 16 W Spring Street in Downtown Cookeville, Tennessee, within Putnam County and the area designated as the Art District. The property has a street-level, wide-open floor plan configured to support uses such as boutique retail, a gallery, or other flexible storefront concepts, with street-level windows providing frontage along the street. The building spans approximately 1,975 square feet and features a layout that can be reconfigured or expanded to accommodate

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$1k
Tax billed · 2022
Assessed value · 2023$40k
Assessed land$12k
Assessed improvement$27k
Effective rate3.09%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$117/SF
ZIP average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$56 – $191

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
JurisdictionPUTNAM

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.1
Storage Facility9.4
Locksmith9.3

Location

16 Spg St Cookeville, TN 38501-3225
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2301 Broad, Cookeville, TN 38501-2130 $95,400 May 2025 1,599 SF
46 Broad, Cookeville, TN 38501-2572 $460,000 Apr 2025 1,540 SF
601 Hughes, Cookeville, TN 38501-5174 $2,500 Dec 2024 1,896 SF
740 Broad, Cookeville, TN 38501-2211 $252,500 Jul 2024 2,176 SF
113 1st, Cookeville, TN 38501-2402 $90,000 Jul 2024 2,000 SF
705 Mahler, Cookeville, TN 38501-2544 $130,000 Apr 2024 1,584 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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