Opportunity Zone, an Excellent location for retail, hotel, restaurants or professional offices. 1,000 feet of frontage on Neal Street. Less than 1 mile from I - 40 / Exit 287 and Hwy 111 / Interchange with 41,000 daily traffic count. Lowes directly across the street with 16,000 daily traffic count from Neal Street. Mix of use on street with Nissan, Honda dealerships and mix of professional offices. All City services available. Zoned CG - Restrictions in associated Docs. There is a plat showing the possibility of getting 6 possible lots from this property.
Lot/land
Price cut: $725K (5/29)
$2,000,000
540 Neal St, Cookeville, TN 38501
--beds
--baths
19.53Acres
Unimproved Land
Built in ----
19.53 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 311 days |
- 20 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Sarah Caldwell-Davis,
American Way Real Estate 931-526-9581
Source: UCMLS,MLS#: 217644
Facts & features
Interior
Video & virtual tour
Property
Features
- Frontage length: 1000
Lot
- Size: 19.53 Acres
- Dimensions: 19.53 acres
- Topography: Rolling
Details
- Parcel number: 066K A 017.00
Utilities & green energy
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Cookeville
Financial & listing details
- Tax assessed value: $585,900
- Annual tax amount: $4,821
- Date on market: 9/10/2025
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,471/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Price change | $1,275,000-36.3% |
Source:  UCMLS #244732 Report a problem | ||
| 9/10/2025 | Listed for sale | $2,000,000+33.3% |
Source: UCMLS #217644 Report a problem | ||
| 9/1/2025 | Listing removed | $1,500,000 |
Source: UCMLS #217644 Report a problem | ||
| 12/5/2024 | Listed for sale | $1,500,000 |
Source: UCMLS #217644 Report a problem | ||
| 11/1/2020 | Listing removed | $1,500,000 |
Source: 1 Source Realty Pros Crossville #197511 Report a problem | ||
| 5/11/2020 | Listed for sale | $1,500,000 |
Source: 1 Source Realty Pros Crossville #197511 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,346 +2% | $146,475 |
| 2024 | $5,244 | $146,475 |
| 2023 | $5,244 +8.7% | $146,475 |
| 2022 | $4,822 | $146,475 |
| 2021 | -- | $146,475 |
| 2020 | $5,736 +33.8% | $146,475 |
| 2019 | $4,286 -18% | $146,475 |
| 2018 | $5,229 +0% | $146,475 |
| 2017 | $5,229 | $146,475 |
| 2016 | $5,229 -27.7% | $146,475 -25% |
| 2015 | $7,236 +43.1% | $195,300 +43.1% |
| 2014 | $5,055 | $136,438 |
| 2013 | $5,055 -0.1% | $136,438 |
| 2012 | $5,062 +6.1% | $136,438 |
| 2011 | $4,769 | $136,438 -59% |
| 2010 | -- | $332,950 +144% |
| 2009 | $4,939 | $136,438 |
| 2008 | $4,939 +7.7% | $136,438 |
| 2007 | $4,584 +19% | $136,438 +14.8% |
| 2006 | $3,852 -16.1% | $118,875 -9.9% |
| 2005 | $4,593 +23.2% | $131,875 +23.2% |
| 2004 | $3,726 +5.2% | $107,000 |
| 2002 | $3,542 | $107,000 |
| 2001 | -- | $107,000 -93.1% |
| 2000 | -- | $1,548,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 38501
Nearby schools
GreatSchools rating
- 9/10Capshaw Elementary SchoolGrades: PK-4Distance: 1.4 mi
- 5/10Avery Trace Middle SchoolGrades: 5-8Distance: 1.6 mi
- 8/10Cookeville High SchoolGrades: PK,9-12Distance: 3.8 mi
- $2,346,500-- bd-- ba28k sqft545 Neal St, Cookeville, TN 38501Off Market
- $9,886,900-- bd-- ba134k sqft510 Neal St, Cookeville, TN 38501Off Market
- $302,7003 bd3 ba1.5k sqft1378 Belfair St #1365, Cookeville, TN 38501Off Market
- $276,9003 bd3 ba1.3k sqft1378 Belfair St #1378, Cookeville, TN 38501Off Market
- $307,6003 bd3 ba1.6k sqft1378 Belfair St #C293C0D46, Cookeville, TN 38501Off Market
- $307,6003 bd3 ba1.6k sqft1378 Belfair St #1363, Cookeville, TN 38501Off Market
- $302,7003 bd3 ba1.5k sqft1378 Belfair St #C6EBFBBEC, Cookeville, TN 38501Off Market
- $308,4004 bd3 ba1.6k sqft1378 Belfair St #1361, Cookeville, TN 38501Off Market
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.
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