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Financial
Distress signals
Property profile

1150 Chocolate Dr Cookeville, TN 38501

OFF-MARKET
Other office properties
Property ID
US80-1777142
6,074 SF 0.97 ac lot Built 1987
Last sale Sep 2026 · $980,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A single-story, all-brick commercial building totaling 5,684 square feet is located in Cookeville on a 1.01-acre site. The property is positioned for access to Highway 111 and Interstate I-40 and includes a paved parking area with numerous parking spaces plus handicap-accessible entrances. The interior layout includes a receptionist area, a conference room, multiple offices, a kitchen, storage facility rooms, and bathrooms. The property has historically been used as leased commercial space and is configured to accommodate office-based functions.

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?
$6k
Tax billed · 2022
Assessed value · 2023$193k
Assessed land$24k
Assessed improvement$168k
Effective rate3.29%

Value estimate

· Oct 2026
$350k
$315k – $385k
Submarket $/SF estimate$734k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$132/SF
ZIP average, outlier-cleaned · 108 recorded sales of this use type
Observed band · Q1–Q3$65 – $218
Qualifying comparables3

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.6
Auto Repair Shop14.2
Dental Office14.1

Location

1150 Chocolate Dr Cookeville, TN 38501-2006
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
340 Lowe, Cookeville, TN 38501-4737 $550,000 Dec 2024 7,326 SF
24 Jefferson, Cookeville, TN 38501-3334 $60,000 Jul 2024 4,510 SF
201 Oak, Cookeville, TN 38501-2423 $1,100,000 Jun 2024 5,700 SF
233 Peachtree, Cookeville, TN 38501-2548 $165,000 May 2024 4,104 SF
768 Willow, Cookeville, TN 38501-3892 $9,575,000 May 2024 7,725 SF
1400 Neal, Cookeville, TN 38501-4313 $1,000,000 Feb 2024 7,950 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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