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$2,250,000
Off Market

Off Market: 621 -581 Maxwell Street, COOKEVILLE, TN

0 Bed   |   0 Bath   |   51,562 sqft

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Key Details

Type

Other

Lot Size

5.5 acres

Year Built

1972

MLS #

195658

Home Description

This very sold & growing company provided 5.5 acres w a $55,938 Sq Ft building and located in the city limits of Cookeville. With 757 ft of road frontage on Maxwell St. A 42kw solar power system installed in 2019 that has a warranty for 25 yrs, this has been the primary source of energy. Utility bills are very, very reasonable due to this. This is a prime investment opportunity where sellers will ease back for a period of 10 years at a monthly rate of $20,000 with the option to renew. Currently the rate of return would be right at 13%. Documents in MLS regarding computation of return on investment ROI. Property has 7 loading docks and parking of approximately 50 spaces. Current seller has improved this building tremendously in the last 5 years. There are 7 overhead drive in doors and 5 dock high doors with a sprinkler system in the building. The 581 tract will have its own entrance for future development. BUILDING ONLY FOR SALE!

Features & More

Exterior & Building

Architectural Style Other
Roof Type Unknown

Nearby Schools

Schools provided by the listing agent

School info is currently unavailable from the MLS. Check back soon for updates.

GreatSchools ratings are multi-measured, based on a variety of quality indicators. School information should be independently verified with the school district.

Location

  • Nearby Neighborhoods: Cookeville SW, TN
  • County: Putnam
Listing Courtesy of Donnita Hill at Exit Rocky Top Realty (931) 456-2903 tom@gorockytop.com
Source: Listhub.com

MLS Disclaimer: Copyright © 2020 Upper Cumberland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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