8955 Baxter Rd, Baxter, TN 38544

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Sold Price
$475,000
List Price
$475,000
Status
CLOSED
MLS#
3133274
Days on Market
39
Closing Date
Mar 31, 2026
Lot Size
95,832
Acres
2.20
County
Putnam

Property Description

Rare opportunity to own a cash-flowing investment property in a high-demand growth corridor just 5 miles from Center Hill Lake, Baxter, I-40, and Cookeville city limits. Situated on a highly visible 2-acre corner lot, this low-maintenance property features 25 storage units plus 2 additional income-producing properties, offering multiple streams of revenue and strong return potential. With a current 9% cap rate and room for future expansion, this property presents an excellent opportunity for investors seeking steady income with upside growth. Prime location, easy access, and continued area development make this a smart addition to any portfolio.

Additional Information

Subtype
Mixed Use
Year Built
2009
Zoning
Comm/Res
Type
Commercial

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Listing courtesy of The Realty Firm - Smithville. Selling Office: The Realty Firm.

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