Property summary
This exceptional 32,500-square-foot manufacturing facility in Cookeville, Tennessee, presents a compelling net lease investment opportunity. Located on a 3.29-acre lot at 230 E Wall St, this property boasts a strong 7.41% cap rate and is currently under a NN+ lease with Transfer Flow, a tenant with a proven track record. The lease has 4.4 years remaining, featuring 2% annual rent increases and two 3-year renewal options. Built in 1950 and extensively renovated in 2022, the building is in… excellent condition and features four grade-level doors and one dock door, ensuring efficient operations. The property benefits from a highly desirable location near Highway 111, providing easy access to both Nashville and Knoxville. Putnam County's industrial vacancy rate is exceptionally low, approximately 1.5%, indicating robust demand. The surrounding area shows strong demographics, with projected population growth and over $456.9 million in consumer spending within a 5-mile radius. The landlord is responsible for roof, HVAC, and structural maintenance, minimizing operational responsibilities. The asking price is $2,350,000, translating to $76.46 per square foot. This is a rare opportunity to acquire a high-quality, passively managed industrial asset in a thriving market.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
3 recorded sales · 9 properties nearbyComparable nearby
Similar in This City for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 24,694 SF
- Lot area
- 2.67 ac
- Year built
- 1950
- Stories
- 1
- APN
- 071026N J 00500
- Assessed value · 2023
- $317,920
- Annual tax · 2022
- $6,860
- Retail Stores
- Medical Building
- Auto Repair, Garage
- Industrial (general) · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
The PDF can’t be displayed here
Use Download PDF or Open in new tab above to view the sample report.