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Property profile & analytics
OFF-MARKET
Commercial real estate

455 Burgess Mill Rd Cookeville, TN 38506

0.36 ac lot
Property ID
US80-0737633
Property summary
AI-generated overview

This exceptional 0.36-acre commercial land parcel is situated at 455 Burgess Mill Rd, Cookeville, TN 38506, in Putnam County. Priced at $29,000, this property offers a unique opportunity for new development. Located minutes from Cookeville city limits, Highway 111, and Interstate 40, it enjoys convenient access to major transportation routes. The land boasts a tranquil country setting, ideal for those seeking a peaceful environment. While utilities are not currently installed, they are readily available at the roadside. The property is part of a planned development with specific architectural guidelines in place. All dwellings must incorporate at least 75% brick or stone, and the developer retains final approval on all building plans. Garage entrances must face the side or rear of the home, unless a special variance is granted. This location offers proximity to several area attractions, including Tennessee Technological University, Cummings Falls State Park, Burgess Falls State Park, and Chestnut Hill Winery. This is a remarkable opportunity to build in a desirable location with convenient access to amenities and natural beauty. Don't miss out on this chance to secure your ideal building lot.

Property profile
Verified
Property type Commercial real estate
Lot 0.36 ac (15,682 SF)
UPID US80-0737633
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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