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    31 Broad St Cookeville, TN 38501-2573
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    Property profile & analytics

    31 Broad St, Cookeville, TN 38501-2573

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    • Retail space
    • 4,800 SF
    • 0.15 lot acres
    Off-Market
    Last Sale Mar 4, 2025
    $1,070,000
    Property ID
    US80-1422389
    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.

    Value Estimations
    $1,005,000
    Show details
    Cap Rate Potential
    9.5%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Couture By Tess Bridal / Clothing & Fashion Store

    Property Details for 31 Broad St

    Year built
    1920
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.15 lot acres
    Zone code
    BD
    Property type
    Retail space
    APN
    071053G B 00900
    APU
    071053GB00900

    Description

    This exceptional mixed-use property, located at 31 W Broad St in Cookeville, Tennessee, presents a unique investment opportunity. Boasting 4,500 square feet on a 0.16-acre lot, this building is ideally situated on the vibrant Historic West Side, commanding significant street presence with its prominent storefront. The interior features a captivating blend of exposed brick and hardwood flooring, creating a space rich in character and charm. The layout is versatile and well-suited for a variety of business applications. A spacious basement provides ample storage, complemented by two bathrooms and a fully equipped kitchen/break area. Surrounded by thriving businesses, this property offers immediate access to a bustling commercial environment. The asking price is $1,290,000. This building's combination of size, location, and unique aesthetic appeal makes it an attractive prospect for both business owners seeking a distinctive space and investors looking for a strong return. Its prime location and substantial square footage ensure lasting value and potential for significant growth. The property's character and established presence within the Cookeville community make it a truly exceptional offering.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $790,000
      ML approach
      $950,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,250,000
      6.5%
      $1,155,000
      7%
      $1,075,000
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $635,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Cookeville
    County
    Putnam
    State
    Tennessee
    Longitude
    -85.5068
    Latitude
    36.1643
    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
    $3,790
    $55,600
    $59,520
    $115,120
    -
    $139,000
    $148,800
    $287,800
    More about this property
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