2 1st St Cookeville, TN 38501-2598
This historic building is located in downtown Cookeville and features two units with off-street parking. The main level unit includes one bedroom, 1.5 baths, a full kitchen, a large great room, an office, a screened porch, and a dedicated laundry room. The upper-level unit features a sitting room, one bedroom with a full bath, and kitchen, dining, and laundry areas. The property is located on the West Side, within walking distance of Tennessee Tech University, Dogwood Park, and Cookeville Regional Medical Center, and adjacent to local restaurants and boutiques. It offers possibilities for a hospitality venture, office space, or a mixed-use development. The building has 1820 square feet of living area and is zoned C 2.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Cookeville, TNCookeville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.