Property profile

515 Willow Ave Cookeville, TN 38501

OFF-MARKET
Drive through restaurants
Property ID
US80-1211016
6,375 SF 1.49 ac lot Built 1998
Entity Owned 29-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1998
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,375 SF
Lot 1.49 ac (64,904 SF)
Zoning code PCD
APN 071053P A 02100
UPID US80-1211016

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
  • Cafe & Coffee Shop

Location

515 Willow Ave Cookeville, TN 38501-3726
Cookeville metro Census 700 COOKEVILLE, TN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$480k
CAP Approach CAP
by Request
Comparable Approach Comparable
$607k
Blend (final) Blend
$480k

Owner & transaction history

since 1997
5 recorded transactions
1997
$500,000
1997
$675,000
1996
$675,000
1995
$675,000
1993
$5,000

Zoning & alternative use

PCD · Cookeville, TN
Zoning description

PERMITTED USE RESIDENTIAL RS 20 RS 15 RS 10 RS 7.5 RS 5 RD RM 8 RM 14 RMHP PRD CBD CN CL CG CR PCD MS UNV CI LM HM QM Single-family detached XXXXXXX X X R X Zero lot-line detached R RRR X R Duplex/Two-family XX X X R X Z…

General category COMMERCIAL
Top alternative use upside
Retail stores $685,000 +9.7%
Commercial (general) $670,000 +7.0%

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
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