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Financial
Distress signals
Property profile

820 S Jefferson Ave Cookeville, TN 38501

FOR SALE
Retail space
Property ID
US80-0846601
5,247 SF 0.42 ac lot Built 1935
Last sale May 2012 · $40,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 3,657-square-foot commercial building featuring a compact storefront area and office space. It was originally constructed in 1935 using block construction, later renovated in 2000, and includes central heating, central air, public water service, and a flat roof. The building is situated on a 0.41-acre parcel with level topography, within Cookeville city limits, approximately 1/2 mile from I-40 at exit 287. The site includes 4,680 square feet of asphalt paving with 15 open parking spaces, and the zoning designation is CG.

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?
$7k
Tax billed · 2022
Assessed value · 2023$217k
Assessed land$119k
Assessed improvement$98k
Effective rate3.28%

Value estimate

· Oct 2026
$760k
$684k – $836k
Submarket $/SF estimate$872k
NOI build-up
Gross scheduled income$84k
Vacancy & credit loss−$3k
Operating expenses−$25k
NOI · 3.81% cap applied$57k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$117/SF
ZIP average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$56 – $191
Qualifying comparables6

Cap rate analysis

How does the asset earn?
3.81%
$57k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPUTNAM

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.7
Parking Facility10.0
Carpet & Flooring Store9.0

Location

820 S Jefferson Ave Cookeville, TN 38501
County assessor Recorded deeds · 4 transfers 6 qualifying comp sales Zoning catalog · not on file

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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
512 Spg, Cookeville, TN 38501-3538 $1,200,000 Dec 2025 4,158 SF
900 Washington, Cookeville, TN 38501-2666 $1,600,000 Apr 2025 6,315 SF
931 Shipley, Cookeville, TN 38501-5767 $350,000 Apr 2025 3,648 SF
301 Spg, Cookeville, TN 38501-3311 $650,000 Sep 2024 5,029 SF
44 Walnut, Cookeville, TN 38501-2581 $970,000 Aug 2024 5,865 SF
721 Dixie, Cookeville, TN 38501-2635 $595,000 May 2024 4,834 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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