1843 Foreman Dr Cookeville, TN 38501
Property profile & analytics
1843 Foreman Dr, Cookeville, TN 38501
- Office Spaces
- 28,346 SF
- 2.11 lot acres
Property ID
US80-1012534
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.
Location Intelligence
Current Use by Public Records
- DaVita Interstate Drive Dialysis / Medical Clinic
- XI Properties / Property Management Company
- Action Marketing Events / Advertising Agency / Marketing & Advertising
- Evergreen Homebuilder / General Contractor
- Jackson Real Estate / Real Estate Agency
Property Details for 1843 Foreman Dr
- Year built
- 2008
- Construction
- FRAME
- Lot size
- 2.11 lot acres
- Zone code
- C3
- Property type
- Office Spaces
- APN
- 071065 05703
- APU
- 7106505703
Description
Freedom Plaza offers a remarkable opportunity to lease 5,806 square feet of Class A medical office space in Putnam County. Located at a prominent address with convenient access via S. Willow Ave, this single-tenant space is situated within a larger multi-tenant building totaling 26,000 square feet. The building, constructed in 2008 and boasting a modern design, features two stories with a generous 10-foot ceiling height. This particular space is conveniently located on the first floor and benefits from its own separately metered utilities. Built out in 2016, the space is currently configured as a medical facility and is readily adaptable to various medical practices. Ample parking is provided with 100 spaces available for tenants and visitors. The property is zoned CG, offering flexibility for a variety of uses within the medical field. The space is divisible, offering potential for smaller tenants, and a minimum five-year lease term is preferred. This exceptional location and modern amenities make this an ideal space for medical professionals seeking a high-quality, well-maintained office environment. Don't miss this chance to secure a prime medical office space in a thriving Putnam County location.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,785,000
- 6.5%
- $4,415,000
- 7%
- $4,100,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $6,174,000
- AI Estimate
- $4,772,000
Market price range: $1.84M - $6.17MMarket price range: $1.28M - $4.77M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $3,745,000 Current use
- RETAIL STORES
- $3,305,000 Change: -12% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Cookeville
- County
- Putnam
- State
- Tennessee
- Longitude
- -85.5281
- Latitude
- 36.1406
- 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
$55,430
$165,200
$1,518,560
$1,683,760
-
$413,000
$3,796,400
$4,209,400
