Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    117 N 14Th Ave Humboldt, TN 38343

    Sponsored
    For Sale
    $215,000

    COMMERCIAL - Humboldt, TN

    Property size:
    5,010 SF
    Days on Market:
    2
    Last Refresh:
    Feb 14 at 3:06 am

    Property Features for 117 N 14Th Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    170H P 005.00
    Parking
    10
    Size
    5,010 SF

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Multi Units, Ceiling Fan(s), Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    1945
    Floors in Building
    1
    Flooring type
    Vinyl
    Building materials
    Brick
    Roof type
    Flat

    We can help!

    Listing Contact
    John Alsobrook

    Pritchard Realty (731) 694-7134

    Listing agent John Alsobrook (731) 234-6248 License #299641

    Listing date Feb 13, 2026

    MLS# 2505142 Listing URL

    Copyright © 2026 Central West Tennessee 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.

    Learn more

    Property Insight Report

    Overview

    Downtown Humboldt Commercial Building For Sale

    Located just off Main Street in downtown Humboldt, this commercial building provides a solid framework suitable for a business, studio, office, or mixed-use concept. The property spans just over 5000 square feet and features high ceilings and a straightforward, open interior that is easy to plan and build out. The layout includes a large retail or open area, an office, a bathroom, and a back area with a kitchen and storage. Updates to the property include electrical and plumbing improvements, new flooring, remodeled restrooms, a resealed roof, a current termite contract, and a new HVAC system installed in 2023. The storefront has also undergone exterior work to enhance its street view. The building is located in an improving downtown area, surrounded by new cafes, shops, and small businesses that are contributing to Humboldt's continued growth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    PRETTY C&M FLOWERS & JEWERLY, Kathy's Flowers & Gifts, Flowers of Distinction Inc.

    Location Insight

    • Map
    • Local Demand
    City
    Humboldt
    County
    Gibson
    State
    Tennessee
    Longitude
    -88.917353
    Latitude
    35.820473

    Nearby Similar for Sale

    • $1,425,000
      9,480 SF

      Humboldt Commercial Space with Lease

      Commercial space with existing lease and potential for various uses.
      2214 Osborne St, Humboldt, TN 38343
      View Details
    • $1,299,000
      24,022 SF

      Established Motel in Humboldt, TN

      53-room motel with strong revenue and growth potential.
      618 N 22Nd Ave, Humboldt, TN 38343
      View Details
    • $205,000
      7,946 SF

      Downtown Humboldt Commercial Building For Sale

      Retail/office space with unfinished storage in growing downtown corridor.
      119 N 14Th Ave, Humboldt, TN 38343
      View Details
    • $145,000
      1,815 SF

      Downtown Humboldt Commercial Opportunity

      Well-maintained building in downtown Humboldt, ideal for various businesses.
      1642 E Main St, Humboldt, TN 38343
      View Details
    • $169,900
      Pending

      Two-Story Commercial Building in Humboldt

      Well-maintained commercial building suited for retail, office, or residential use.
      1403 E Main St, Humboldt, TN 38343
      View Details
    • $94,900
      3,582 SF

      Humboldt Church Facility For Sale

      Well-maintained 3,582 SF church facility with versatile layout.
      1440 19Th Ave, Humboldt, TN 38343
      View Details
    • $145,000
      3,360 SF

      Updated Commercial Property in Humboldt

      Updated commercial property in high-traffic area suitable for retail/office.
      1304 E Main St, Humboldt, TN 38343
      View Details
    • $159,900
      3,395 SF

      Humboldt Commercial Building with Potential

      Classic brick building in downtown Humboldt, ready for your vision.
      202 N 14Th Ave, Humboldt, TN 38343
      View Details
    • $329,000
      2,448 SF

      Commercial Building in Three Way

      Commercial building suitable for office, retail, or light industrial use.
      44 Three Way Ln, Humboldt, TN 38343
      View Details
    • $1,320,000
      165.00 Acres

      Pristine Pastureland in Humboldt, TN

      165 acres of pastureland with road frontage near Humboldt.
      Humboldt Lk Rd, Humboldt, TN 38343
      View Details
    • $105,000
      4,975 SF

      Humboldt Commercial Property For Sale

      Commercial property with tattoo shop and storage facility in Humboldt.
      722 N 22Nd Ave, Humboldt, TN 38343
      View Details
    • $650,000
      1,769 SF

      Humboldt, TN Commercial Property

      Commercial property located on Main Street in Humboldt, Tennessee.
      2115 E Main St, Humboldt, TN 38343
      View Details

    FAQs

    What type of property is this?
    Storefront property - 5000+ sqft commercial building in revitalizing downtown Humboldt, TN.
    Where is this storefront property located?
    The property is located at 117 N 14Th Ave Humboldt, TN.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: - New HVAC system installed in 2023.; - **Extensive recent updates:** electrical, plumbing, flooring, restrooms, roof resealing, and exterior storefront improvements.; - **Large, open 5000+ SqFt interior with high ceilings**, suitable for various uses (retail, office, studio, mixed-use).
    (731) 234-6248
    Request Owner's contact information
    117 N 14Th Ave Humboldt, TN 38343
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    117 N 14Th Ave
    Humboldt, TN 38343
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    117 N 14Th Ave Humboldt, TN 38343
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    John Alsobrook
    Real Estate License ID: 299641
    (731) 234-6248 (731) 784-5555
    Learn more
    Google sign-in failed. Please try again or use another login method.