377 Jackson StCookeville, TN 38501

Property Details for 377 Jackson St

Year built

2004

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

9.17 AC

Property size (Sq ft)

30,284 SF

Zone code

R4

Property type

Retail properties

Property subtype

Other retail properties

APN

071053I E 03900

APU

071053IE03900

Description

This exceptional retail property, located at 377 West Jackson Street in Cookeville, Tennessee, offers a unique opportunity for businesses seeking flexible space options in a thriving market. The property boasts a total of 343,634 square feet of commercial space, with multiple tenancies available. Individual spaces range from a minimum of 6,000 square feet to a maximum contiguous space of 818 square feet, providing versatility for various business needs. Currently, 6,818 square feet of space is vacant and ready for immediate occupancy. The building is situated in Putnam County, offering convenient access to local amenities and a strong customer base. Ample parking is provided with 1859 spaces available for tenants and their customers. This prime location in Cookeville, Tennessee (zip code 38501) presents a compelling opportunity for businesses seeking high visibility and convenient access for their clientele. The property's size and layout make it ideal for a variety of retail uses, offering a chance to establish a strong presence in a growing community. The available space is ready for immediate lease.

• CAP approach

  CAP return

  Valuation

  6%

  $7,690,487

  6.5%

  $7,098,911

  7%

  $6,591,846

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,569,254

  Geo Method

  $6,569,254

• Alternative Use

  Use

  Valuation

  Residential

  $5,988,197

  Hospitality

  $5,485,156

  Educational

  $4,563,586

  Medical

  $4,720,534

  Retail

  $7,098,911

Location Insight

City

Cookeville

County

Putnam

State

Tennessee

Latitude

36.1573

Longitude

-85.5206

CBSA code

18260

CBSA name

COOKEVILLE, TN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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