Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

1115 Interstate Dr Cookeville, TN 38501

OFF-MARKET
Turn key restaurants
Property ID
US80-0313861
3,962 SF 1.01 ac lot Built 2000
Last sale May 2026 · $2,155,000
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

The property consists of fee simple ownership of both the land and the building and is configured to be operated under an absolute triple-net (NNN) lease structure with a tenant identified as First Watch, Inc. The lease structure includes an initial 15-year term and provides three additional five-year extension options, with a contractual rent escalation schedule that increases by 10% at five-year intervals during the initial term and at the start of each extension period.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$13k
Tax billed · 2022
Assessed value · 2023$391k
Assessed land$240k
Assessed improvement$151k
Effective rate3.33%

Value estimate

· Nov 2026
$1.43M
$1.29M – $1.57M
AI approach$1.55M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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 Facility9.5
Law Firm9.3
Electrical Service9.2

Location

1115 Interstate Dr Cookeville, TN 38501-4133
County assessor Recorded deeds · 13 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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
512 Spg, Cookeville, TN 38501-3538 $1,200,000 Dec 2025 4,158 SF
18 Broad, Cookeville, TN 38501-2572 $850,000 Jul 2025 3,200 SF
931 Shipley, Cookeville, TN 38501-5767 $350,000 Apr 2025 3,648 SF
17638 Dodson Br, Cookeville, TN 38501-9552 $150,000 Nov 2024 3,520 SF
947 Jefferson, Cookeville, TN 38501-4017 $310,000 Jul 2024 3,437 SF
721 Dixie, Cookeville, TN 38501-2635 $595,000 May 2024 4,834 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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