You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

4628 Broad St Cookeville, TN 38501-9403

Retail space Google Maps
1,296 SF 0.39 ac lot Built 1920
Individually Owned 3-yr Hold ~ Est. High Equity
Estimated value (blended)
$220k
Range $198k – $242k (±10%)
Property ID US80-1269764

Property summary

AI-generated overview

This exceptional 960-square-foot mixed-use property, situated on a 0.19-acre corner lot at 4628 W Broad St in Cookeville, Tennessee, presents a remarkable investment opportunity. Recently renovated, this building boasts a prime location with high visibility and traffic, making it ideal for a variety of businesses. The property has undergone extensive updates, including fresh exterior paint, a newly constructed front patio and seating area, a complete roof replacement, upgraded electrical and plumbing systems, and interior repainting. A substantial concrete parking area provides ample space for 20 vehicles. High-end appliances remain in the kitchen area, along with a built-in bar top, perfect for a restaurant or similar establishment. A functional security system with cameras is included and operational. The property's strategic location in Cookeville, close to Baxter and Interstate 40, ensures excellent accessibility and exposure to a large customer base. This turnkey property is ready for immediate occupancy, offering a rare blend of convenience, modern amenities, and high-traffic location. Priced at $275,000.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Total area 1,296 SF
Lot 0.39 ac (17,010 SF)
APN 071055C A 00500
UPID US80-1269764

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$170k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2022
Last sale
$160,000
3 recorded transactions
2022
$160,000
2021
$40,000
2020
$155,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message