For Sale
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Property summary
The property is a surveyed 212 +/- acre family farm tract located within Cookeville city limits, with an estimated 3,400 feet of frontage along Interstate 40 and frontage along Hwy 111. It has completed Phase 1 and Phase 2 due diligence work, including a GEO report, soil testing, topography, and an environmental study. The utilities reported as available at the site include city water, gas, sewer, and electric. The land is described as suitable for commercial development within municipal boundaries, and the building lots are anticipated to be configurable through subdivision to accommodate project requirements, with zoning considerations indicating a subdivision minimum of approximately 4 acres to avoid returning to zoning. Drone footage is available separately from the listing materials.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Cookeville market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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