Improved Commercial Land for Sale in Baxter, Tennessee
8955 Baxter Rd, Baxter, TN 38544
Rare opportunity to own a cash-flowing investment property in a high-demand growth corridor just 5 miles from Center Hill Lake, Baxter, I-40, and Cookeville city limits.
Situated on a highly visible 2-acre corner lot, this low-maintenance property features 25 storage units plus 2 additional income-producing properties, offering multiple streams of revenue and strong return potential.
With a current 9% cap rate and room for future expansion, this property presents an excellent opportunity for investors seeking steady income with upside growth. Prime location, easy access, and continued area development make this a smart addition to any portfolio.
- Listed by Natalie Stout, (931) 267-9509, The Realty Firm - Smithville
Location
- Street address
- 8955 Baxter Rd
- County
- Putnam County
- Elevation
- 1,053 feet
Directions
From Putnam Co Courthouse: take S Lowe Ave. In 0.5 mi turn R onto E Jackson. In 0.8 mi turn L onto S Willow. In 11 mi turn R onto Baxter Rd. Property is on L in 150 ft.
Property details
- Acreage
- 2.2 acres
- Zoning
- Comm/Res
- MLS #
- REALTRACS 3133274
- Posted
Parcels
- 112 06500 001
Details and features
Listing
- Type
- Commercial Sale
- Subtype
- Mixed Use
- Possession
- Negotiable
Lot
- Size Source
- Owner
Interior
- Security
- Security Gate
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Feb 20, 2026 | New listing | $475,000 | — | REALTRACS |
Payment calculator
Based on information submitted to the MLS GRID as of Feb 20, 2026 4:00 pm MT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. View more