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Sams St
1 - 15 Acre Commercial Land Lots Offered at $871,200 - $9,200,000 Per Lot in Cookeville, TN 38506
Investment Highlights
- Commercial lot across the Street from Sam's Club, Chick-fil-a, and Cracker Barrel.
- Surrounded by hospitality properties with close proximity to two Marriott Hotels.
- Frontage on Sam's Street for both included parcels.
- Easy access to S Jefferson Ave and I-40.
- Excellent development opportunity with all utilities on site!
Executive Summary
Property Facts
| Price | $871,200 - $15,021,200 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| Sale Conditions | Proposed Use | ||
| No. Lots | 3 | Total Lot Size | 31.00 AC |
| Price | $871,200 - $15,021,200 |
| Sale Type | Investment or Owner User |
| Sale Conditions | |
| No. Lots | 3 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 31.00 AC |
3 Lots Available
Lot
| Price | $4,950,000 | Lot Size | 15.00 AC |
| Price Per AC | $330,000 |
| Price | $4,950,000 |
| Price Per AC | $330,000 |
| Lot Size | 15.00 AC |
Flat lot, great location. Two secondary streets to a primary street. 1/4 mile to Interstate #40. Adjacent to a very successful Sam's Club. Across the street from two Marriott hotels. Cookeville, TN is in the top ten micropolitan cities in the US.
Lot
| Price | $9,200,000 | Lot Size | 15.00 AC |
| Price Per AC | $613,333 |
| Price | $9,200,000 |
| Price Per AC | $613,333 |
| Lot Size | 15.00 AC |
This strip of land is across the street from a very successful Sam's Club. The lots are approximately 250' deep and boast over 2,500 linear road frontage. Level red clay land with all city services (natural gas, water, sewer, and electric).
Lot
| Price | $871,200 | Lot Size | 1.00 AC |
| Price Per AC | $871,200 |
| Price | $871,200 |
| Price Per AC | $871,200 |
| Lot Size | 1.00 AC |
This lot is located just south of Interstate #40 on Sam's Street. Two Marriot hotels are already on this street across from Sam's Club The lots are typically 250' deep. Also, 2 lots on South Jefferson Avenue in Cookeville, TN.
Description
Property already zoned for commercial development and equipped with all services. The property is 1/4 mile to Interstate #40, Exit #287 in Cookeville, TN. No lost time to start-up. This property is shovel-ready for building. Cookeville has a very liberal policy of tax abatements to encourage new developments, but the taxes are relatively low, to begin with. Finally, Cookeville is a buying center for 450,000 people from the Upper Cumberland region. It is almost certain your expectations will be exceeded in this location. These companies experienced that phenomenon: Walmart (2), Krogers, Cheddars, O'Charlie's, Starbucks, Hyundai.
PROPERTY TAXES
| Parcel Number | 027-152.00 | Improvements Assessment | $0 |
| Land Assessment | $18,600 | Total Assessment | $18,600 |
PROPERTY TAXES
zoning
| Zoning Code | C2 (Commercial) |
| C2 (Commercial) |
Presented by
Sams St
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