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    Property profile & analytics

    1375 Interstate Dr Cookeville, TN 38501-4130

    • Turn key restaurants
    • 8,367 SF
    • 2.00 lot acres
    OFF-MARKET
    Value Estimation
    $6,160,000
    Last Sale
    Jul 06, 2023
    $6,662,486
    Location Intelligence
    Property ID
    US80-0842081
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Cheddar's Scratch Kitchen / Traditional American Restaurant / Chicken Restaurant

    Property Details for 1375 Interstate Dr

    Year built
    2005
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.00 lot acres
    Property size
    8,367 SF
    Property type
    Turn key restaurants
    APN
    071066 05904
    APU
    7106605904

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,595,000

    • CAP approach

      CAP return
      Estimation
      6%
      $6,130,000
      6.5%
      $6,880,000
      7%
      $7,320,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $6,120,000
      Geo Method
      $7,455,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,535,000
      Retail
      $7,235,000
      Mixed-Use
      $7,310,000
      Hospitality
      $6,945,000
      Educational
      $6,570,000
      Residential Income
      $6,350,000
      Energy
      $6,385,000
      Income-Based Land
      $6,655,000
      Food Service
      $6,390,000

    Location Insight

    • Map
    • Local Demand
    City
    Cookeville
    County
    Putnam
    State
    Tennessee
    Longitude
    -85.5096
    Latitude
    36.1387
    CBSA code
    18260
    CBSA name
    COOKEVILLE, TN MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $29,717
    $520,000
    $461,240
    $981,240
    -
    $1,300,000
    $1,153,100
    $2,453,100

    Comparable in this City

    • Value Estimation by Request
      8,179 SF

      1275 Interstate Dr

      RESTAURANT • 8,179 SF
      1275 Interstate Dr, Cookeville, TN 38501-4135
      View Details
    • Value Estimation
      $425,000
      5,310 SF

      200 Lowe Ave

      RESTAURANT • 5,310 SF
      200 Lowe Ave, Cookeville, TN 38501-3524
      View Details
    • Value Estimation
      $470,000
      3,836 SF

      1125 Interstate Dr

      RESTAURANT • 3,836 SF
      1125 Interstate Dr, Cookeville, TN 38501-4133
      View Details
    • Value Estimation
      $320,000
      4,200 SF

      208 8th St

      RESTAURANT • 4,200 SF
      208 8th St, Cookeville, TN 38501-2661
      View Details
    • Value Estimation
      $235,000
      4,974 SF

      2331 Broad St

      RESTAURANT • 4,974 SF
      2331 Broad St, Cookeville, TN 38501-2130
      View Details
    • Value Estimation by Request
      2,371 SF

      2240 Broad St

      RESTAURANT • 2,371 SF
      2240 Broad St, Cookeville, TN 38501-2129
      View Details

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      Commercial building in high-traffic area, close to I-40.
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    Similar Nearby for Lease

    • $3,500 /Mo
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      Retail Space in Cookeville, TN

      Commercial rental space available in Cookeville, Tennessee.
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      Versatile Commercial Suite in Cookeville

      Commercial suite ideal for salon or small business in Cookeville.
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      View Details
    • Contact for pricing
      3,895 SF

      Retail Space in Cookeville Center

      Retail space available in a Walmart shadow-anchored shopping center.
      768 S Jefferson Ave, Cookeville, TN 38501
      View Details
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    Cookeville, TN 38501-4130
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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