121 Locust Grove Rd Cookeville, TN $ 450,000
121 Locust Grove Rd
$ 450,000
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121 Locust Grove Rd

Cookeville, TN, 38501
$ 450,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,771

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Commercial Property for sale in Cookeville, TN

for $450,000. This building was built in 1966.

Multi-family income producing compound/hobby farm with a unique blend of residential income & versatile infrastructure. 2 RV hook ups, large barn and multi-rental units as an opportunity for cash flow, multi-generational living, or homesteading. Perfect for DIY lovers, investors or hobbyists. Discover the untapped potential of this unique property featuring a charming, rustic barn with existing rental units! This property is in need of loving care and offers a solid foundation for your vision. The large barn boasts of incredible potential for conversation, with existing spaces that are currently used as rental units. Perfect for a value-add project or an owner-occupant looking to live in one spot and renovate the rest; Highlights: Sprawling land with a large rustic barn. Multiple potential rental units within the barn (need renovation) Independent cozy rental cottages RV hook-ups. Tremendous income-generating opportunity. Sold 'As Is'

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Commercial Active

Price

$ 450,000

Property Type

Commercial

Taxes

$ 218

Style

Business w/Residential

Year Built

1966

Town/City

Cookeville

County/Region

Putnam

MLS | Web ID

244170

Features
General
Construction Frame
Heating Electric
Cooling Wall/Window Unit(s)
Possession AtClosing
Roof Metal
Parking Unpaved
Extras Living Quarters
Water Supply Public
County Putnam
Levels 2
Status Active
Area Cookeville NW TN
Directions Starting in Cookeville Head toward S Jefferson Ave on E Spring St (US-70N). Go for 4.2 mi. Turn left onto Locust Grove Rd. Go for 351 ft. End at 121 Locust Grove Rd Cookeville Tennessee 38501-6651
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* Excluded Features
List By
Cristy Herman

Listing Agent

Crye-Leike Brown Realty Elite

Broker

HermanHomes365@outlook.com

Email

Affordability Calculator

$2,789
Per Month
99%
1%
0%
Monthly Principal & Interest
$2,771
Monthly Property Taxes
$18
Monthly 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
2633377 Elementary School
2633378 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/6/2026$450,000 Listed Price

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121 Locust Grove Rd, Cookeville, TN, 38501 is a Commercial Property for sale at $450,000. 121 Locust Grove Rd was built in 1966. The property's zip code is 38501 which is in Cookeville, TN