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Donnita Hill
(C) (931) 261-1500
Exit Rocky Top Realty-CK
(M) (931) 526-4455
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Listing Details
Area: Cookeville SW, TN
List Price: $2,250,000
Street #: 621 -581
Address: Maxwell Street
State: TN
Zip Code: 38501
MLS Number: 195658
Present Use: Industrial
Ownership: RE Owned
Apx Bldg SqFt Range:  
Apx # Acres +/-: 5.5
Lot Dimensions: IRR
Listing Agent: Donnita Hill (#:42)
Listing Office: Exit Rocky Top Realty-CK (#:251)
Year Built: 1972
Addendum: ALL agents outside of UCAR will be paid a 2.5% commission. 483 electric phase in building. SHOW THROUGH NAVICA ONLY.
Address 2:  
Public Remarks: 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!
The information provided by the Upper Cumberland Association of Realtors® Corporation is compiled from miscellaneous sources and neither the Upper Cumberland Association of Realtors® Corporation, nor the Listing Broker, nor its Agents or Subagents are responsible for the accuracy of the information. The information provided by the Upper Cumberland Association of Realtors® Corporation is for its Participants, Participants\' Associates and Subscribers only and is not intended for usage by the public. Under no circumstances should the information contained herein be relied upon by any person in making a decision to purchase any of the described properties. Multi-List users should be advised and should advise prospective purchasers to verify all information in regard to the property by their own independent investigation and, in particular, to verify, if important to them, room sizes, the square footage, lot size, property boundaries, age of structures, school district, flood insurance, zoning, restrictions and easements, fixtures or personal property excluded, and availability of water and sewer prior to submitting an offer to purchase the property.