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    Property profile & analytics

    428 Willow Ave Cookeville, TN 38501-2339

    • Medical offices
    • 2,229 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Location Intelligence
    Property ID
    US80-0928116
    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

    • North Willow Family Medicine / Family Practice Physician / Medical Clinic
    • Dr. Brian S. Waggoner, MD / Internist
    • Eric G. Fox, M.D. / Family Practice Physician

    Property Details for 428 Willow Ave

    Year built
    1996
    Lot size
    0.34 lot acres
    Property size
    2,229 SF
    Zone code
    C2
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    071053B A 00400
    APU
    071053BA00400

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $335,000

    • CAP approach

      CAP return
      Estimation
      6%
      $430,000
      6.5%
      $430,000
      7%
      $470,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $410,000
      Geo Method
      $410,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $400,000
      Retail
      $435,000
      Mixed-Use
      $480,000
      Hospitality
      $445,000
      Educational
      $360,000
      Residential Income
      $365,000
      Energy
      $430,000
      Income-Based Land
      $480,000
      Food Service
      $395,000

    Location Insight

    • Map
    • Local Demand
    City
    Cookeville
    County
    Putnam
    State
    Tennessee
    Longitude
    -85.5125
    Latitude
    36.1695
    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
    $5,589
    $78,000
    $91,800
    $169,800
    -
    $195,000
    $229,500
    $424,500

    Comparable in this City

    • Value Estimation by Request
      6,538 SF

      320 Oak Ave

      MEDICAL BUILDING • 6,538 SF
      320 Oak Ave, Cookeville, TN 38501-2440
      View Details
    • Value Estimation by Request
      4,750 SF

      140 7th St

      MEDICAL BUILDING • 4,750 SF
      140 7th St, Cookeville, TN 38501-1726
      View Details
    • Value Estimation
      $370,000
      6,620 SF

      1195 Spg St

      MEDICAL BUILDING • 6,620 SF
      1195 Spg St, Cookeville, TN 38501-3652
      View Details
    • Value Estimation
      $1,930,000
      8,505 SF

      121 Washington Ave

      MEDICAL BUILDING • 8,505 SF
      121 Washington Ave, Cookeville, TN 38501-3547
      View Details
    • Value Estimation
      $1,245,000
      5,160 SF

      404 Willow Ave

      MEDICAL BUILDING • 5,160 SF
      404 Willow Ave, Cookeville, TN 38501-2339
      View Details
    • Value Estimation
      $345,000
      2,552 SF

      503 Cedar Ave

      MEDICAL BUILDING • 2,552 SF
      503 Cedar Ave, Cookeville, TN 38501-1707
      View Details

    Similar Nearby for Sale

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      17,000+ sq ft commercial property in a desirable location.
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      Office spaces for rent, ranging from 144 to 528 square feet.
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    Similar Nearby for Lease

    • $12,900 /Mo
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      Medical/Office Space Near CRMC

      Prime medical/office space near Cookeville Regional Medical Center.
      221 N Oak Ave, Cookeville, TN 38501
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      Prime Cookeville location suitable for retail or office use.
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    • $5,000 /Mo
      3,200 SF

      Modern Commercial Space in Cookeville

      Spacious, modern commercial space with excellent visibility and flexible layout.
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    • Contact for pricing
      30,000 SF

      Cookeville Industrial Warehouse

      30,000 SF Warehouse - New Construction
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    • $17 SF/Yr
      2,520 SF

      Retail Space Near Walmart

      2,520 SF retail space with high visibility and traffic.
      770 S Jefferson Ave, Cookeville, TN 38501
      View Details
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    428 Willow Ave
    Cookeville, TN 38501-2339
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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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