345 Newman DrCookeville, TN 38501

  • Other commercial real estate
  • 3,000 SF
For Sale
$349,000 View listing

Property Details for 345 Newman Dr

Year built
1999
Construction
FRAME
Lot size
1.76 AC
Property size (Sq ft)
3,000 SF
Property type
Other commercial real estate
APN
071066 00103
APU
7106600103

Description

This exceptional commercial property, located at 345 Newman Dr, Cookeville, TN 38501, presents a significant investment opportunity. The 76,665 square foot building sits on a 1.76-acre lot zoned for general commercial use. The property features a 3,000 square foot metal building constructed with a crimped metal roof and steel frame, offering durability and low maintenance. The building is situated on a quiet dead-end street off Willow Avenue, providing convenient access and ample parking. The property includes two large roll-up doors, ideal for loading and unloading, and a paved parking lot for convenient access. Inside, a separate room is well-suited for office space, and an upstairs platform provides substantial storage capacity. Currently vacant, this property is readily available for immediate occupancy and offers easy showing. The property's size, location, and features make it suitable for a variety of commercial uses. The asking price is $349,000. This is a prime opportunity to acquire a substantial commercial property in a thriving Tennessee market. The property's zoning and ample space provide significant potential for future development and expansion.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $593,204
    Hospitality
    $543,372
    Educational
    $452,079
    Medical
    $467,627
    Retail
    $703,234
345 Newman Dr, Cookeville, Tennessee

Location Insight

City
Cookeville
County
Putnam
State
Tennessee
Latitude
36.1465
Longitude
-85.5256
CBSA code
18260
CBSA name
COOKEVILLE, TN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$1,433
$26,400
$27,800
$54,200
-
$66,000
$69,500
$135,500

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