000 Monterey Highway Monterey, TN ^$ 1,287,000

000 Monterey Highway

^$ 1,287,000

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000 Monterey Highway

Monterey, TN, 38574

^$ 1,287,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 8,889

000 Monterey Highway, Monterey, TN 38574 - Image 1

000 Monterey Highway, Monterey, TN 38574 - Image 2

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Commercial Property for sale in Monterey, TN

for $1,287,000. The lot size is 3.9.

Prime Interstate Commercial parcel with direct line of site to I-40 offering 3.9 surveyed acres consisting of primarily flat to rolling terrain. The site is situated approximately 1,000' south of I-40 at Exit 300 providing frontage 415+/- feet of frontage/visibility along Monterey Highway. The site is well suited for Travel Centers, Hotels, QSRs, C-Stores, Free Standing Retail and numerous other uses. Utilities, to include recently run sewer, are to the site. The owner is willing to further subdivide the property. The contiguous 2.13 acre parcel is also available.

Commercial Active

Price

^$ 1,287,000

Property Type

Commercial

Taxes

^$ 850

Style

Unimproved Land

Lot Size

3.9

Town/City

Monterey

County/Region

Putnam

MLS | Web ID

247989

Features

General

Water Supply Public

County Putnam

Status Active

Area Monterey City Limits

Directions I-40 Exit 300 south on Monterey Highway to Subject Property on Left.

* Excluded Features

List By

Wayne Russell

Listing Agent

Highlands Elite Real Estate Llc

Broker

wayne@heretn.com

Affordability Calculator

$8,960

Per Month

Monthly Principal & Interest: $8,889
Monthly Property Taxes: $71
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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 Monterey, TN

Average List Price ^$778,486

Percent of Sale Price 40%

About Monterey, TN

2,591 Population

5% Since 2002

^$35,285 Median Income

40.23 Median Age

22% 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
10/22/2026	$1,287,000		Listed Price

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000 Monterey Highway, Monterey, TN, 38574 is a Commercial Property for sale at $1,287,000 with a lot size of 3.9. The property's zip code is 38574 which is in Monterey, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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 10/25/2026.

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000 Monterey Highway

Commercial Property for sale in Monterey, TN

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