Mixed-Use Land for Sale in Cookeville, Tennessee
991 S Walnut Ave, Cookeville, TN 38501
45.42ac mol with frontage on three streets (S. Walnut Ave., Fairground St. and Southwood Dr.) Ideally suited for Commercial and residential development. The property enjoys Regional Commercial zoning (CR) and Residential (RS10). Easy access to and from I40.
Lot Size: 45.42 acres
Zoning: The property has a dual zoning:
CR (Commercial Regional):
RS10 (Residential Single-Family): Primarily for single-family homes.
Utilities: All utilities are readily available in the vicinity.
Investment Highlights:
Commercial and Residential Development: The property offers an unprecedented opportunity for both commercial and residential development.
Road Frontage on Three Sides: With substantial frontage on S Walnut Ave,
Features:
Regional Commercial Zoning
RS10 Zoning on some portions of the property
Adjacent to a major regional center called the Shoppes at Eagle Point including
Publix
Academy Sports
Drakes
Five Guys
Chicken Salad Chick
Cheddar's Scratch Kitchen
Panera
Logan's
O'Charlies
- Listed by Jeff Pate, (615) 525-5719, Keller Williams Realty Nashville/Franklin
Location
- Street address
- 991 S Walnut Ave
- County
- Putnam County
- Elevation
- 1,100 feet
Directions
From I40 and S Jefferson Ave head north to W on Interstate drive to N on S Walnut Ave to sign across from Publix.
Property details
- Acreage
- 45.42 acres
- Zoning
- RS10 / CR
- MLS #
- REALTRACS 2632830
- Posted
Parcels
- 066 01300 000
Details and features
Listing
- Type
- Commercial Sale
- Subtype
- Unimproved Land
- Possession
- Close of Escrow
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 16, 2025 | Price drop | $13,999,900 | $1,000,000 -6.7% | REALTRACS |
| Aug 3, 2025 | New listing | $14,999,900 | — | REALTRACS |
Payment calculator
Based on information submitted to the MLS GRID as of Dec 10, 2025 1:00 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