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1221 S Willow Ave 18,726 SF Vacant Office Building Cookeville, TN 38506 $5,700,000 ($304.39/SF)
Investment Highlights
- The subject property totals 1.38 surveyed acres
- Average annual daily traffic counts exceed 14,795 vehicles per day
- Improvements were constructed to allow for vertical expansion
- Zoned Commercial-Industrial to accommodate compatible commercial uses
- The site provides 60 parking spaces
- Located less than half a mile from Interstate 40
Executive Summary
The subject property totals 1.38+/- acres offering multiple road frontages with 163+/- feet of frontage along South Willow Avenue and 276+/-feet of frontage along Gould Drive. South Willow Avenue is a major north/south arterial. AADT counts in excess of 14,795 vpd to the site. The property has a Commercial-Industrial Mixed use (CI) zoning designation which provides for an array of allowed uses to include office, retail, entertainment, some medical and light industrial uses. The site further provides 60 parking spaces along with 14,450sf of nicely appointed office space . The improvements were constructed to allow for vertical expansion with the addition of a 3rd level. The site is just south of the new Target and Home Depot and provides direct access to Interstate 40 being less than ½ mile south of I-40 at Exit 286. New gutters and roof, landscaping, complete exterior repainting, parking lot resurfacing, sealing and striping in 2025. Utilities to site. Cookeville is in the Top 10 fastest growing micropolitan markets in the nation and is located approximately 1.5 hours west of Knoxville, 1.5 hours east of Nashville and 1.5 hours north of Chattanooga.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
18,726 SF
Building Class
C
Year Built/Renovated
1986/2025
Price
$5,700,000
Price Per SF
$304.39
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,900 SF
Building FAR
0.33
Lot Size
1.30 AC
Zoning
CI - The CI District is intended to accommodate a mixture of compatible commercial and light industrial developments.
Parking
60 Spaces (4.15 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- Reception
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Multiple offices, conference room, private restrooms, open/bullpen area, and kitchenettes.
- 1st Fl-Ste B
- 4,250 SF
- Office
- Full Build-Out
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste A | 4,592 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste B | 4,250 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste C | 4,984 SF | Office | - | Now |
1st Fl-Ste A
| Size |
| 4,592 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste B
| Size |
| 4,250 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste C
| Size |
| 4,984 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste A
| Size | 4,592 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Multiple offices, conference room, private restrooms, open/bullpen area, and kitchenettes.
1 of 14
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste C
| Size | 4,984 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 065-102.11 | Improvements Assessment | $514,880 |
| Land Assessment | $88,400 | Total Assessment | $603,280 |
Property Taxes
Parcel Number
065-102.11
Land Assessment
$88,400
Improvements Assessment
$514,880
Total Assessment
$603,280
1 of 42
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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