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1035 Highway 111 0.68 Acres of Commercial Land Offered at $750,000 in Cookeville, TN 38501
Investment Highlights
- 147 feet of frontage/visibility along TN 111 and provides direct access to TN 111
Executive Summary
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 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 Facts
| Price | $750,000 | Proposed Use | |
| Sale Type | Investment | Total Lot Size | 0.68 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | C3 - Commercial | ||
| Price | $750,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.68 AC |
| No. Stories | 1 |
| Opportunity Zone |
Yes |
| Zoning | C3 - Commercial |
1 Lot Available
Lot
| Price | $750,000 | Lot Size | 0.68 AC |
| Price Per AC | $1,102,941.18 |
| Price | $750,000 |
| Price Per AC | $1,102,941.18 |
| Lot Size | 0.68 AC |
Flat, level, pad-ready site providing direct N/S access to TN 111.
1 1
Property Taxes
| Parcel Number | 066-036.02 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $785,080 |
Property Taxes
Parcel Number
066-036.02
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$785,080
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1035 Highway 111
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