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    Viking Dr Humboldt, TN 38343

    For Sale
    $325,000

    14.6 Acres, Prime Location, Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 14.6-acre parcel presents a unique investment opportunity in Humboldt, Tennessee. Located at 0 Viking Drive, this undeveloped land boasts significant development potential due to its prime location. The property is conveniently situated within walking distance of schools, restaurants, shopping centers, and medical clinics, ensuring high accessibility and desirability for future projects. A key advantage is the property's division by a public road, providing road frontage on both sides. This dual access significantly enhances development flexibility and potential. The asking price for this expansive tract is $325,000. The property is classified as land and multifamily, suitable for a variety of commercial and residential developments. Given its size and strategic location, this property is ideal for investors seeking to capitalize on the growing Humboldt market. The absence of existing structures allows for complete design freedom and customization to meet specific development goals. The 38343 zip code offers a strong residential and commercial base, making this a compelling investment prospect. Serious inquiries are encouraged to explore the full potential of this remarkable land opportunity. Further details are available upon request. The lot size is listed as 0 square feet, however, the marketing description clearly states 14.6 acres of land.

    Property Features for 0 Viking Dr

    General Information

    Property type
    Multifamily properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Map

    City
    Humboldt
    County
    Gibson
    State
    Tennessee
    Longitude
    -88.9080845
    Latitude
    35.8397153

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    FAQs

    What type of property is this?
    Multifamily property - 14.6 Acres, Prime Location, Development Potential
    Where is this multifamily property located?
    The property is located at Viking Dr Humboldt, TN.
    What is the asking price?
    The asking price for this property is $325,000.
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    Viking Dr Humboldt, TN 38343
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    Realmo Value Estimation

    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.

    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.

    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
    Viking Dr Humboldt, TN 38343
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