8955 Baxter Rd

Baths
2,016 Sq. Ft.
$236 / Sq. Ft.
2,016
Sq. Ft.
$236
per Sq. Ft.

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...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.
  1. Listed by Natalie Adcock • The Realty Firm - Smithville
    P: (931)-267-9509 C: (931)-267-9509 natalie@therealtyfirms.com

Property Details for 8955 Baxter Road

Waterfront
No
LISTING UPDATED: 04/06/2026 10:35 AM

Property Details for 8955 Baxter Road

StatusClosed
MLS #3133274
Days on Market2
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built2009
Lot Size2.20 AC / 95,832 SF
CountyPutnam County

Location

Listing Courtesy of The Realty Firm - Smithville, Natalie Adcock (931.267.9509)

Sold By The Realty Firm, Christy Ehlert-Wagner (931.979.1977)

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Building Information for 8955 Baxter Road

Stories-Residences-Year Built2009Lot Size2.20 AC / 95,832 SF

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$2,513 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,392

Property Taxes

$121

HOA Dues

$0

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Property Information for 8955 Baxter Road

Summary
Location and General Information
  • Directions: From Putnam Co Courthouse: take S Lowe Ave. In 0.5 mi turn R onto E Jackson. In 0.8 mi turn L onto S Willow. In 11 mi turn R onto Baxter Rd. Property is on L in 150 ft.
  • Mlg Can View: Yes
  • Zoning: Comm/Res
Parking
  • Parking Total: .00
Property
Building Information
  • Building Area Source: Assessor
  • Building Area Units: Square Feet
Lot Information
  • Lot Size Source: Owner
  • Lot Size Units: Acres
  • Parcel Number: 112 06500 001
  • Lot Size Area: 2.2
Property and Assessments
  • Documents Count: 0
  • Possession: Negotiable
  • Property Attached: No
  • Security Features: Security Gate
Utilities
  • Cooling: No
  • Heating: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: No Dock

Property History for 8955 Baxter Road

DateEvent & SourcePriceAppreciation
Mar 31, 2026

Closed

REALTRACS #3133274

$475,000
Feb 23, 2026

Contract - Not Showing

REALTRACS #3133274

Feb 23, 2026

Contract - Showing

REALTRACS #3133274

Feb 20, 2026

Listed (Active)

REALTRACS #3133274

$475,000
Sep 17, 2018

Closed (Public Record)

Public Record #631382504

$240,000

+10.4% / yr

Aug 10, 2007

Closed (Public Record)

Public Record #224449146

$79,900
DateEvent & SourcePrice
03/31/2026

Closed

REALTRACS #3133274

$475,000
02/23/2026

Contract - Not Showing

REALTRACS #3133274

02/23/2026

Contract - Showing

REALTRACS #3133274

02/20/2026

Listed (Active)

REALTRACS #3133274

$475,000
09/17/2018

Closed (Public Record)

Public Record #631382504

$240,000

+10.4% / yr

08/10/2007

Closed (Public Record)

Public Record #224449146

$79,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8955 Baxter Road

Taxable ValueLand$5,720Additions$48,920Total$54,640
Tax Record2025$1,453 ($121 / month)
Home Facts
Total Finished SqFt2,100 SqFtAbove Grade Finished SqFt2,100 SqFtStories1Lot Size87,120 SqFtStyleMiscellaneous CommercialYear Built2009CountyPUTNAMAPN112 06500 001

Schools near 8955 Baxter Road

This home is within Putnam County School District.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 2 to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Baxter Primary
PublicPK to 1

Baxter Elementary School
Public2 to 4

Upperman Middle School
Public5 to 8

Upperman High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of The Realty Firm - Smithville, Natalie Adcock (931.267.9509)

Based on information submitted to the MLS GRID as of 04/06/2026 10:35 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.