991 Walnut Ave - 991 S Walnut Ave. 45.4ac Development Site
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991 Walnut Ave - 991 S Walnut Ave. 45.4ac Development Site
45.42 Acres of Commercial Land Offered at $14,999,900 in Cookeville, TN 38501
Investment Highlights
- 45.42ac For Commercial and Residential Development
- Road Frontage on Three Sides
- Easy Access To I40
- Utilities to site
- Zoned CR/RS10
Executive Summary
Lot Size: 45.42 acres
Zoning: The property has a dual zoning:
CR (Commercial Regional):
RS10 (Residential Single-Family): Primarily for single-family homes.
Utilities: All utilities are readily available in the vicinity.
Investment Highlights:
Commercial and Residential Development: The property offers an unprecedented opportunity for both commercial and residential development.
Road Frontage on Three Sides: With substantial frontage on S Walnut Ave, Fairground St, and Southwood.
Easy Access to I-40: Convenient access to the interstate.
Trade Area Facts:
Cookeville, Tennessee, is home to several colleges and universities, including Tennessee Tech University.
The area is known for its outdoor amenities, attracting hikers, cavers, bikers, climbers, and horseback riders.
Top employers include Cookeville Regional Medical Center, Tennessee Tech University, Putnam County Board of Education, and Averitt Express.
This 45.42-acre parcel presents an exciting canvas for commercial ventures and residential projects. With its strategic location and available utilities, it’s a prime piece of real estate in the heart of Cookeville.
Zoning: The property has a dual zoning:
CR (Commercial Regional):
RS10 (Residential Single-Family): Primarily for single-family homes.
Utilities: All utilities are readily available in the vicinity.
Investment Highlights:
Commercial and Residential Development: The property offers an unprecedented opportunity for both commercial and residential development.
Road Frontage on Three Sides: With substantial frontage on S Walnut Ave, Fairground St, and Southwood.
Easy Access to I-40: Convenient access to the interstate.
Trade Area Facts:
Cookeville, Tennessee, is home to several colleges and universities, including Tennessee Tech University.
The area is known for its outdoor amenities, attracting hikers, cavers, bikers, climbers, and horseback riders.
Top employers include Cookeville Regional Medical Center, Tennessee Tech University, Putnam County Board of Education, and Averitt Express.
This 45.42-acre parcel presents an exciting canvas for commercial ventures and residential projects. With its strategic location and available utilities, it’s a prime piece of real estate in the heart of Cookeville.
Property Facts
Price | $14,999,900 | Property Subtype | Commercial |
Sale Type | Investment or Owner User | Proposed Use | |
No. Lots | 1 | Total Lot Size | 45.42 AC |
Property Type | Land | Opportunity Zone |
Yes
|
Price | $14,999,900 |
Sale Type | Investment or Owner User |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | |
Total Lot Size | 45.42 AC |
Opportunity Zone |
Yes |
1 Lot Available
Lot
Price | $14,999,900 | Lot Size | 45.42 AC |
Price Per AC | $330,249 |
Price | $14,999,900 |
Price Per AC | $330,249 |
Lot Size | 45.42 AC |
This 45.42ac lot is uniquely situated in the heart of Cookeville and offers an unprecedented opportunity for commercial development. With substantial frontage on S Walnut Ave., Fairground St. and Southwood. All utilities close by.
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zoning
Zoning Code | CR/RS10 (Regional Commercial and residential development) |
CR/RS10 (Regional Commercial and residential development) |
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991 Walnut Ave - 991 S Walnut Ave. 45.4ac Development Site
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