455 Burgess Mill Rd Cookeville, TN 38506
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.