950 Broad StCookeville, TN 38501

Property Details for 950 Broad St

Year built

1962

Lot size

1.40 AC

Property size (Sq ft)

2,424 SF

Zone code

C-2

Property type

Other commercial real estate

APN

071054D A 00700

APU

071054DA00700

Description

This exceptional 1.4-acre commercial lot presents a unique investment opportunity in the thriving Cookeville, TN market. Located at 950 W Broad St, this property boasts an enviable position within a rapidly developing area, poised for significant future growth. The strategic location offers substantial advantages, including readily available utilities such as natural gas, significantly reducing infrastructure costs and streamlining development. This translates to considerable savings for future projects, minimizing upfront expenses and maximizing potential returns. The property is currently vacant, offering a blank canvas for a wide range of commercial ventures. The absence of existing improvements allows for complete design flexibility, enabling the construction of a building perfectly tailored to specific business needs. While a conceptual plan is available for review, prospective buyers are encouraged to conduct their own due diligence to fully explore the possibilities and determine the optimal use for this prime location. This is an exceptional chance to acquire a substantial commercial parcel in a high-growth area with significant long-term potential. The readily available utilities and the absence of existing structures make this a truly compelling opportunity for investors and developers alike. Don't miss this chance to secure a piece of Cookeville's burgeoning commercial landscape. The asking price is $950,000.

• Alternative Use

  Use

  Valuation

  Residential

  $479,309

  Hospitality

  $439,044

  Educational

  $365,280

  Medical

  $377,842

  Retail

  $568,213

Location Insight

City

Cookeville

County

Putnam

State

Tennessee

Latitude

36.1715

Longitude

-85.5295

CBSA code

18260

CBSA name

COOKEVILLE, TN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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