540 Neal Street Cookeville, TN ^$ 2,000,000

540 Neal Street

^$ 2,000,000

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540 Neal Street

Cookeville, TN, 38501

^$ 2,000,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 12,314

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Commercial Property for sale in Cookeville, TN

for $2,000,000. The lot size is 19.53.

Excellent location for retail, hotel, restaurants or professional offices. 1,000 feet of frontage on Neal Street. Less than 1 mile from I - 40 / Exit 287 and Hwy 111 / Interchange with 41,000 daily traffic count. Lowes directly across the street with 16,000 daily traffic count from Neal Street. Mix of use on street with Nissan, Honda dealerships and mix of professional offices. All City services available. Zoned CG - Restrictions in associated Docs. There is a plat showing the possibility of getting 6 possible lots from this property.

Commercial Active

Price

^$ 2,000,000

Property Type

Commercial

Taxes

^$ 4,821

Style

Commercial

Lot Size

19.53

Town/City

Cookeville

County/Region

Putnam

MLS | Web ID

217643

Features

General

Extras High Traffic Location High Visibility

County Putnam

Status Active

Area Cookeville City Limits

Directions I - 40 Exit 287 (from I - 40 west) Right on S Jefferson Right on Neal Street / Interstate Dr property on right - directly across from Lowes.

* Excluded Features

List By

Sarah Caldwell-Davis

Listing Agent

American Way Real Estate

Broker

sarahdavisrealtor@gmail.com

Affordability Calculator

$12,716

Per Month

Monthly Principal & Interest: $12,314
Monthly Property Taxes: $402
Monthly Home Insurance: --

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Interest Rate

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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 Cookeville, TN

Average List Price ^$1,466,390

Percent of Sale Price 27%

About Cookeville, TN

34,622 Population

26% Since 2002

^$32,518 Median Income

32.5 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
9/10/2025	$2,000,000		Listed Price

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540 Neal Street, Cookeville, TN, 38501 is a Commercial Property for sale at $2,000,000 with a lot size of 19.53. The property's zip code is 38501 which is in Cookeville, 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 1/29/2026.

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540 Neal Street

Commercial Property for sale in Cookeville, TN

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