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Financial
Distress signals
Property profile

54 Cedar Ave Cookeville, TN 38501

OFF-MARKET
Other warehouses
Property ID
US80-1253206
5,124 SF 0.23 ac lot Built 1955
Last sale May 2026 · $1,599,900
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 6,509 sq ft brick commercial building located in downtown Cookeville within the Central Business District, positioned along a high-traffic corridor and directly across from Ralph's Donuts. The property includes dedicated on-site paved parking and is zoned for Central Business District (CBD) uses, which allow a broad range of commercial and mixed-use possibilities. Interior features include kitchen space, a lounge area, multiple service areas, and restrooms, with the layout and supporting…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$3k
Tax billed · 2022
Assessed value · 2023$97k
Assessed land$39k
Assessed improvement$58k
Effective rate3.29%

Value estimate

· Oct 2026
$300k
$270k – $330k
AI approach$300k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$71/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$23 – $95

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
JurisdictionPUTNAM

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.1
Storage Facility10.3
Locksmith9.3

Location

54 Cedar Ave Cookeville, TN 38501-3216
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
155 Miller, Cookeville, TN 38501-2171 $145,000 Jul 2025 4,544 SF
595 Mason, Cookeville, TN 38501-7928 $6,000 Sep 2024 4,872 SF
310 Newman, Cookeville, TN 38501-4127 $500,000 Aug 2022 5,568 SF
225 Jefferson, Cookeville, TN 38501-3404 $450,000 Mar 2021 6,018 SF
3249 Eaton, Cookeville, TN 38501-6641 $107,000 Feb 2021 4,100 SF
1860 Broad, Cookeville, TN 38501-2182 $60,000 Oct 2020 5,100 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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