969 S Willow Ave Cookeville, TN 38501
- Commercial real estate
- 4.50 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 969 S Willow Ave
- Lot size
- 4.50 lot acres
- Property type
- Commercial real estate
- APN
- 058.04 000
Description
This exceptional 4.5-acre commercial land parcel presents a remarkable investment opportunity in Cookeville, Tennessee. Located on the corner of South Willow Avenue and Humble Drive, this property boasts extensive road frontage, exceeding 250 feet along South Willow Avenue, over 689 feet along Humble Drive, and approximately 271 feet along a new access road paralleling the western boundary. South Willow Avenue is a major north-south arterial with an impressive Average Annual Daily Traffic (AADT) count exceeding 24,765 vehicles. The property is zoned General Commercial (CG), permitting a wide range of commercial uses, including office, retail, entertainment, and some medical facilities. Its strategic location offers convenient access to Interstate 40, less than half a mile from Exit 286. The cleared lot features a primarily flat to rolling topography and benefits from readily available utilities. Further enhancing its appeal, this property is situated within a Qualified Opportunity Zone (QOZ). A new road parallels the entire western property line, not yet visible on aerial imagery. The seller is open to subdividing the land, providing flexibility for various development scenarios. Cookeville's position as a top 10 fastest-growing micropolitan market in the nation, coupled with its proximity to major cities like Knoxville, Nashville, and Chattanooga (approximately 1.5 hours away in each direction), makes this a truly compelling investment prospect. The asking price is $2,290,000. APN: 058.04 000. Ownership: TT of HCP.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cookeville
- County
- Putnam
- State
- Tennessee
- Longitude
- -85.526944
- Latitude
- 36.142476
