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    880 Jefferson Ave Cookeville, TN 38501-4031
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    Property profile & analytics

    880 Jefferson Ave Cookeville, TN 38501-4031


    • Turn key restaurants
    • 5,965 SF
    • 2.00 lot acres
    Off-Market
    Property ID
    US80-3424201
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $515,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 880 Jefferson Ave

    Year built
    1994
    Lot size
    2.00 lot acres
    Property size
    5,965 SF
    Zone code
    C-3
    Property type
    Turn key restaurants
    APN
    071066 04900
    APU
    7106604900

    Description

    This exceptional 6,009-square-foot retail space, formerly a Shoney's restaurant, presents a unique opportunity for a discerning tenant in the thriving Cookeville, Tennessee market. Located at 880 S Jefferson Ave, this single-tenant property boasts a generous 2.36-acre lot, providing ample space for expansion or outdoor amenities. The building offers 6,009 square feet of completely vacant space, ready for immediate occupancy and customization to suit your business needs. With 92 parking spaces available, customer convenience is ensured. The property's location in Putnam County, within the vibrant Cookeville community, offers excellent visibility and accessibility, making it an ideal location for a variety of retail or restaurant concepts. The property is zoned for commercial use and is ready for immediate lease. This is a rare opportunity to secure a substantial and well-situated property in a growing Tennessee market. The ample parking and large lot size provide significant advantages for businesses requiring substantial space and convenient customer access. The property's previous use as a restaurant suggests potential for a similar business, but the versatile layout allows for a wide range of possibilities. Contact us today to learn more about this exceptional leasing opportunity.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $480,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $547,000
      Market price range: $459k - $837k
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $585,000
      Current use
      RETAIL STORES
      $640,000
      Change: +10% Conversion: Easy
      COMMERCIAL (GENERAL)
      $625,000
      Change: +7% Conversion: Easy
      MEDICAL BUILDING
      $555,000
      Change: -5% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $530,000
      Change: -9% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Cookeville
    County
    Putnam
    State
    Tennessee
    Longitude
    -85.4998
    Latitude
    36.1403
    CBSA code
    18260
    CBSA name
    COOKEVILLE, TN MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $21,109
    $440,000
    $151,600
    $591,600
    -
    $1,100,000
    $379,000
    $1,479,000
    More about this property
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