228 Cotton Mill Road, Fayetteville TN 37334
Rare opportunity to acquire one of Fayetteville’s most recognizable historic industrial properties. Known locally as the "Cotton Mill", this landmark campus offers a compelling blend of character, scale, and income-producing potential on approximately 14.94 acres. Conveniently located near Downtown Fayetteville with easy access to I-24 and I-65, the property provides strong regional connectivity to Nashville and Huntsville (AL). Originally established in the early 1900s, the property features substantial brick, wood, steel, and concrete construction with architectural character that would be
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Fayetteville
This property is grouped with the current listings without a reported bedroom count in Fayetteville. Its asking price falls near the 90th percentile of that active group. The comparison uses 54 active or publicly marketable listings from the same local MLS source, filtered to records without a reported bedroom count.
The property has been tracked for 20 days, while the current cohort averages 43 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $235,500, and the median is $153 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 122 Old Mulberry Rd | Jul 15, 2026 | 2 bd · 1,155 sqft | $231,000 | 0.3 mi |
| 414 Cherokee Ave | Jun 5, 2026 | 4 bd · 2,770 sqft | $206,000 | 0.5 mi |
| 110 Noblett Ave | May 29, 2026 | 3 bd · 1,572 sqft | $240,000 | 0.7 mi |
| 129 Terry Ave | Jun 10, 2026 | 3 bd · 1,560 sqft | $254,650 | 0.8 mi |
| 207 Elk Ave, S | Jul 21, 2026 | — | $572,000 | 0.9 mi |
| 806 Manor Dr | May 29, 2026 | 5 bd · 3,600 sqft | $490,000 | 1.0 mi |
| 0 Market St, W | Jun 24, 2026 | — | $15,000 | 1.0 mi |
| 403 Lincoln Ave, S | May 29, 2026 | — | $140,000 | 1.0 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $999,900 · Pending
Location reference points
How this address sits within the Fayetteville area
These distances are precomputed from the listing coordinates and a maintained set of regional landmarks; no mapping service is called when this page loads. Mileage is straight-line distance. Driving minutes are a planning estimate derived from that distance and should be checked against a live route before a showing or commute.
- Tims Ford Lake16.3 miles straight-line · roughly 29 driving minutes
- Downtown Tullahoma24.3 miles straight-line · roughly 43 driving minutes
- Downtown Winchester25.6 miles straight-line · roughly 46 driving minutes
- Arnold Air Force Base31.4 miles straight-line · roughly 56 driving minutes
- Downtown Manchester34.7 miles straight-line · roughly 62 driving minutes
Continue comparing
Similar active homes in Fayetteville
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
View all Fayetteville homes for sale · See the Fayetteville market report