1035 Highway 111 S, Cookeville, TN 38501
Putnam County
Key Facts
Description
The subject property totals 0.68+/- acres offering multiple road frontages with 145+/- feet of frontage along Salem Church Road and over 147 feet of frontage/visibility along TN 111 and provides direct North/South access to TN 111. AADT counts in excess of 21,200 vpd along TN 111. The property has a Regional Commercial (CR) zoning designation which offers a wide array of commercial uses to include office, retail, entertainment, churches, hotels and some medical uses. The parcel provides quick access to Interstate 40 being less than 1 mile north of I-40 Exit 288 . The property is cleared, paved and has a primarily flat topography. The entire site is situated within a QOZ. Utilities to site. NOTE: Site subject to a sign/billboard easement situated within and encompassing the 50' setback running along the parcel's eastern most property line and the TN 111 ROW. Taxes shown are for the parent parcel.
Property Information
Property Type
Commercial Sale
Sub-Type
Unimproved Land
Lot Size
0.68 acres
Zoning
CR
Days on Market
1
MLS® Listing#
240407
Property Features
Parking
Utilities
Water Source
Financial Details
Annual Taxes
$31,437
Parcel Number
036.02
Directions
From PCCH: East on Spring Street to right on TN 111 to property on right.
Affordability Calculator
$150,000
Estimated monthly payment
$3,992/mo
Principal $600,000 · Est. interest $837,053 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cookeville, TN
- $384,146
- Median Listing Price
- 61
- Median Days on Market
- 2,057
- Median Sq Ft
- $198
- Median Price / Sq Ft
- 669
- Active Listings
- This home’s price is 95% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Cookeville, TN.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1325 Bridle, Cookeville, TN | $525,000 | 3 | 3 | 3,663 |
| 553 County Farm, Cookeville, TN | $525,000 | — | — | — |
| 1325 Bridle Path, Cookeville, TN | $525,000 | 3 | 3 | 3,663 |
| 553 County Farm Rd, Cookeville, TN | $525,000 | — | — | — |
| 1325 Bridle Path, Cookeville, TN | $525,000 | 4 | 3 | 3,663 |
| 1325 Bridle, Cookeville, TN | $525,000 | 3 | 3 | 3,663 |
Moving Cost Estimate
Listing Courtesy: Highlands Elite Real Estate LLC - 9314008820
Presented by: Wayne Russell