8955 Baxter Rd Baxter, TN ^$ 475,000

8955 Baxter Rd

^$ 475,000

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8955 Baxter Rd

Baxter, TN, 38544

^$ 475,000

Bedrooms-- Baths-- Sq 2,016

Monthly Estimate*

^$ 2,925

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Commercial Property for sale in Baxter, TN

for $475,000. This 2,016 square foot building was built in 2009 on a lot size of 2.2.

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.

Commercial Contingent

Price

^$ 475,000

Property Type

Commercial

Taxes

^$ 1,039

Style

Business w/Residential

Lot Size

2.2

Year Built

2009

Town/City

Baxter

County/Region

Putnam

MLS | Web ID

242254

Features

General

Construction Frame

Possession Negotiable

Roof Metal

Parking Unpaved

Extras High Visibility

County Putnam

Levels 1

Status Active Under Contract

Area Putnam Co SW TN

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.

* Excluded Features

List By

Natalie Adcock

Listing Agent

The Realty Firm - Smithville

Broker

natalie@therealtyfirms.com

Affordability Calculator

$3,011

Per Month

Monthly Principal & Interest: $2,925
Monthly Property Taxes: $87
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Baxter, TN

Average List Price ^$524,475

Percent of Sale Price 10%

About Baxter, TN

1,572 Population

9% Since 2002

^$28,766 Median Income

40.1 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2633377 Elementary School

2633378 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/20/2026	$475,000		Listed Price

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8955 Baxter Rd, Baxter, TN, 38544 is a Commercial Property for sale at $475,000 with 2,016 sqft and a lot size of 2.2. 8955 Baxter Rd was built in 2009. The property's zip code is 38544 which is in Baxter, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Upper Cumberland Association of REALTORS®.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Upper Cumberland Association of REALTORS®. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 3/29/2026.

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8955 Baxter Rd

Commercial Property for sale in Baxter, TN

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