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602 N Willow Ave - 602 N Willow Ave at University & Medical 0.3 Acres of Commercial Land Offered at $1,315,019 CAD in Cookeville, TN 38501



Investment Highlights
- Directly across from Tennessee Tech University and Cookeville Regional Medical Center.
- Zoned Commercial (C), supporting flexible business and redevelopment options.
- Full utility availability, including water, sewer, and electricity.
- Two lots offered together for a combined 0.30-acre total with existing infrastructure.
- High visibility along North Willow Avenue with easy vehicular access and strong traffic counts.
Executive Summary
602 N Willow Ave offers a sought-after location directly across from Tennessee Tech University and Cookeville Regional Medical Center. This property consists of two adjoining lots totaling approximately 0.30 acres and is currently improved with a structure and a car wash, presenting redevelopment potential. Zoned Commercial (C), the site can accommodate a wide range of commercial uses, from retail to service-oriented operations. Its positioning along North Willow Avenue provides exceptional visibility and strong traffic flow, making it highly attractive for businesses seeking exposure near educational and healthcare anchors.
Located within an Opportunity Zone, the property provides potential tax advantages for qualified investors. Public utilities, including water, sewer, and electricity, are available, ensuring smooth development processes. Ideal for owner-users or developers looking to capitalize on a prime location, this asset delivers long-term upside in a growing market supported by nearby institutional anchors and steady employment bases.
Located within an Opportunity Zone, the property provides potential tax advantages for qualified investors. Public utilities, including water, sewer, and electricity, are available, ensuring smooth development processes. Ideal for owner-users or developers looking to capitalize on a prime location, this asset delivers long-term upside in a growing market supported by nearby institutional anchors and steady employment bases.
Property Facts
| Price | $1,315,019 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.30 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | C - Commercial | ||
| Price | $1,315,019 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.30 AC |
| Opportunity Zone |
Yes |
| Zoning | C - Commercial |
1 Lot Available
Lot
| Price | $1,315,019 CAD | Lot Size | 0.30 AC |
| Price Per AC | $4,398,055.24 CAD |
| Price | $1,315,019 CAD |
| Price Per AC | $4,398,055.24 CAD |
| Lot Size | 0.30 AC |
Description
Ideal Commercial Location ! across the street from Tennessee Tech and Cookeville Regional Hospital. Two lots being sold together. Currently has a car wash on one lot and a house on the other lot.(house given no value) Prime location for any commercial business.
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 040O-E-018.00 | Improvements Assessment | $63,663 CAD |
| Land Assessment | $108,640 CAD | Total Assessment | $172,303 CAD |
Property Taxes
Parcel Number
040O-E-018.00
Land Assessment
$108,640 CAD
Improvements Assessment
$63,663 CAD
Total Assessment
$172,303 CAD
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602 N Willow Ave - 602 N Willow Ave at University & Medical
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