59.15 acres of opportunity in one of Tennessee's growing markets. Currently zoned RS20 (residential) with strong future commercial potential, this property offers endless possibilities for developers, investors, and visionaries. Featuring rolling Tennessee landscape, wide open space, and incredible scale, it's ideal for residential development, a private estate community, mixed-use potential, or long-term investment. Opportunities with this much acreage and flexibility are becoming increasingly rare. Strategically positioned with strong accessibility and major upside potential, this is more than land — it's a chance to be early on something special. While the existing home conveys, the primary value is in the land itself. Property is adjacent to MLS# 233367, 51.77 acres on Highway 111.
Lot/land
$2,596,000
1200 N Salem Rd, Cookeville, TN 38506
--beds
--baths
59.15Acres
Unimproved Land
Built in ----
59.15 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 32 days |
- 91 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Jill Betcher,
Real Estate Professionals of TN 931-526-3700
Source: UCMLS,MLS#: 244662
Facts & features
Property
Features
- Has view: Yes
Lot
- Size: 59.15 Acres
- Dimensions: 59.15 acres
- Features: Greenbelt, Wooded, Cleared, Views
- Topography: Level,Steep
Details
- Additional structures: Barn(s)
- Parcel number: 067 005.00
Utilities & green energy
- Gas: Natural Gas
- Sewer: Septic Tank
- Water: Public, Well
- Utilities for property: Electricity Connected, Natural Gas Available, Natural Gas Connected
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Cookeville
Financial & listing details
- Tax assessed value: $605,600
- Annual tax amount: $1,737
- Date on market: 5/27/2026
- Electric utility on property: Yes
- Road surface type: Paved, Unimproved
Estimated market value
Not available
Estimated sales range
Not available
$1,662/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2026 | Listed for sale | $2,596,000 |
Source:  UCMLS #244662 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,558 +2% | $42,675 |
| 2024 | $1,528 | $42,675 |
| 2023 | $1,528 +8.7% | $42,675 |
| 2022 | $1,405 | $42,675 -1.5% |
| 2021 | -- | $43,325 +26.8% |
| 2020 | $1,338 +33.8% | $34,175 |
| 2019 | $1,000 -18% | $34,175 |
| 2018 | $1,220 +0% | $34,175 |
| 2017 | $1,220 | $34,175 |
| 2016 | $1,220 -3.6% | $34,175 |
| 2015 | $1,266 -2.9% | $34,175 -2.9% |
| 2014 | $1,304 | $35,207 |
| 2013 | $1,304 -0.1% | $35,207 |
| 2012 | $1,306 +6.1% | $35,207 |
| 2011 | $1,231 | $35,207 |
| 2010 | -- | $35,207 +11.1% |
| 2009 | $1,147 | $31,694 |
| 2008 | $1,147 +7.7% | $31,694 |
| 2007 | $1,065 +3.7% | $31,694 |
| 2006 | $1,027 +2.2% | $31,694 +9.9% |
| 2005 | $1,004 | $28,842 |
| 2004 | $1,004 +5.2% | $28,842 |
| 2002 | $955 | $28,842 |
| 2001 | -- | $28,842 -94.1% |
| 2000 | -- | $485,648 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 38506
Nearby schools
GreatSchools rating
- 4/10Avery Trace Middle SchoolGrades: 5-8Distance: 1.7 mi
- 8/10Cookeville High SchoolGrades: PK,9-12Distance: 4 mi
- 8/10Capshaw Elementary SchoolGrades: PK-4Distance: 1.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Tennessee
- Putnam County
- Cookeville
- 38506
- 1200 N Salem Rd
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Nearby neighborhoods
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