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Sams St 1 - 15 Acre Commercial Land Lots Offered at $1,215,498 - $12,835,840 CAD Per Lot in Cookeville, TN 38506

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INVESTMENT HIGHLIGHTS

Commercial lot across the Street from Sam's Club, Chick-fil-a, and Cracker Barrel.
Surrounded by hospitality properties with close proximity to two Marriott Hotels.
Frontage on Sam's Street for both included parcels.

Easy access to S Jefferson Ave and I-40.
Excellent development opportunity with all utilities on site!

EXECUTIVE SUMMARY

Shovel-ready, cleared, and commercially zoned development site adjacent to hotels and major retailers. Three lots for sale, including two 15-acre lots and one 1-acre lot. Property can be subdivided into 0.75 acre increments at $20.00 per square foot. All property is readily available with all required services.

PROPERTY FACTS

Price	$1,215,498 - $20,957,578 CAD	Property Type	Land
Sale Type	Investment or Owner User	Property Subtype	Commercial
Sale Conditions	Ground Lease (Leased Fee) Lease Option	Proposed Use	Commercial Retail Office Bank Carwash Fast Food Healthcare Hold For Development Hold For Investment Hotel Medical Motel Office Park Religious Facility Restaurant Self Storage Storefront, Retail or Office Strip Centre
No. Lots	3	Total Lot Size	31.00 AC
Zoning	C2 - Commercial

Price	$1,215,498 - $20,957,578 CAD
Sale Type	Investment or Owner User
Sale Conditions	Ground Lease (Leased Fee) Lease Option
No. Lots	3
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Bank Carwash Fast Food Healthcare Hold For Development Hold For Investment Hotel Medical Motel Office Park Religious Facility Restaurant Self Storage Storefront, Retail or Office Strip Centre
Total Lot Size	31.00 AC
Zoning	C2 - Commercial

3 LOTS AVAILABLE

Lot

Price	$6,906,240 CAD	Lot Size	15.00 AC
Price Per AC	$460,416.00 CAD

Price	$6,906,240 CAD
Price Per AC	$460,416.00 CAD
Lot Size	15.00 AC

Flat lot, great location. Two secondary streets to a primary street. 1/4 mile to Interstate #40. Adjacent to a very successful Sam's Club. Across the street from two Marriott hotels. Cookeville, TN is in the top ten micropolitan cities in the US.

Lot

Price	$12,835,840 CAD	Lot Size	15.00 AC
Price Per AC	$855,722.68 CAD

Price	$12,835,840 CAD
Price Per AC	$855,722.68 CAD
Lot Size	15.00 AC

This strip of land is across the street from a very successful Sam's Club. The lots are approximately 250' deep and boast over 2,500 linear road frontage. Level red clay land with all city services (natural gas, water, sewer, and electric).

Lot

Price	$1,215,498 CAD	Lot Size	1.00 AC
Price Per AC	$1,215,498.25 CAD

Price	$1,215,498 CAD
Price Per AC	$1,215,498.25 CAD
Lot Size	1.00 AC

This lot is located just south of Interstate #40 on Sam's Street. Two Marriot hotels are already on this street across from Sam's Club The lots are typically 250' deep. Also, 2 lots on South Jefferson Avenue in Cookeville, TN.

DESCRIPTION

Property already zoned for commercial development and equipped with all services. The property is 1/4 mile to Interstate #40, Exit #287 in Cookeville, TN. No lost time to start-up. This property is shovel-ready for building. Cookeville has a very liberal policy of tax abatements to encourage new developments, but the taxes are relatively low, to begin with. Finally, Cookeville is a buying center for 450,000 people from the Upper Cumberland region. It is almost certain your expectations will be exceeded in this location. These companies experienced that phenomenon: Walmart (2), Krogers, Cheddars, O'Charlie's, Starbucks, Hyundai.