1104 Shag Rag Rd Cookeville, TN 38506
- Mixed-use properties
- 1,440 SF
- 1.50 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 1104 Shag Rag Rd
- Year built
- 1930
- Lot size
- 1.50 lot acres
- Property size
- 1,440 SF
- Property type
- Mixed-use properties
Description
This exceptional 1.5-acre parcel, located at 1104 Shag Rag Road just outside Cookeville city limits, presents a unique investment opportunity. The property boasts 1,440 square feet of existing building space and offers unrestricted zoning, allowing for diverse development options including commercial, industrial, or residential uses. Its prime location within a rapidly expanding commercial district ensures easy access to Cookeville's amenities and a strong potential for high returns. The flat, buildable terrain minimizes site preparation costs and complexities, while the presence of all utilities significantly reduces development time and expenses. This turnkey property is perfectly suited for developers and investors seeking to capitalize on Cookeville's thriving market and robust growth trajectory. The absence of zoning restrictions provides unparalleled flexibility in project design and execution, making this a truly exceptional opportunity to create a high-value asset. The existing structure offers immediate potential for renovation or repurposing, further enhancing the property's appeal and return on investment. This is a rare chance to acquire a large, versatile property in a desirable location with minimal upfront development hurdles. The combination of location, size, and utility access makes this a compelling investment for those seeking significant returns in a dynamic market.
Value Estimation
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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 County, TN
- State
- Tennessee
- Longitude
- -85.47779
- Latitude
- 36.19081
