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    00 Highway 45 Byp Humboldt, TN 38343

    Sponsored
    For Sale
    $5,000,000

    52+ Acres, Highway 45 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 52+ acre property presents a premium development opportunity in Humboldt, Tennessee. Boasting over 2,265,120 square feet of land, this expansive site offers significant frontage on US Highway 45, with an additional 1,000 linear feet along Mason Grove. The property consists of approximately eight parcels, and a survey will be provided by the owner. Strategically located on both sides of Jones Chevrolet, this versatile land is zoned in two areas, BH and BP, allowing for diverse development options. Potential uses include automobile dealerships, retail spaces, large warehouse or distribution facilities, or a combination thereof. The owner is open to considering subdivision proposals, making this a highly adaptable investment. This prime location and substantial acreage provide an unparalleled opportunity for significant returns. Contact us today for detailed information and to explore the possibilities this remarkable property offers. Asking price is $5,000,000.

    Property Features for 00 Highway 45 Byp

    General Information

    Property type
    Multifamily properties

    HighLights

    • $5,000,000 asking price.
    • Multifamily apartment building with retail components on a 52+ acre lot.
    • 2,265,120 square foot lot size in Humboldt, TN.
    • High‑traffic location with 2200 linear feet of US Highway 45 frontage.
    • Potential for subdivision and development into automobile, retail, or large warehouse/distribution uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Humboldt
    County
    Madison
    State
    Tennessee
    Longitude
    -88.9104197
    Latitude
    35.8367519

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    FAQs

    What type of property is this?
    Multifamily property - 52+ Acres, Highway 45 Frontage
    Where is this multifamily property located?
    The property is located at 00 Highway 45 Byp Humboldt, TN.
    What is the asking price?
    The asking price for this property is $5,000,000.
    What are key features of this property?
    This property features: $5,000,000 asking price.; Multifamily apartment building with retail components on a 52+ acre lot.; 2,265,120 square foot lot size in Humboldt, TN.
    Request Owner's contact information
    00 Highway 45 Byp Humboldt, TN 38343
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    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
    00 Highway 45 Byp Humboldt, TN 38343
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