00 Central Ave, Humboldt, TN 38343
This exceptional 20-acre commercial property, located at 00 Central Ave, Humboldt, TN 38343, presents a unique investment opportunity. Boasting a substantial 871,200 square feet lot size, this land offers significant potential for diverse development. The property is zoned M-1 and R-3, allowing for a range of uses, including commercial, industrial, multifamily, and retail ventures. Situated in a thriving retail and manufacturing area, the property enjoys high visibility with street frontage on four sides, including a state highway. This strategic location provides excellent access and exposure, placing it in close proximity to major retailers such as Walgreens (directly across the street) and Walmart (within 0.5 miles). The land's size and zoning allow for future subdivision possibilities, maximizing investment returns. The asking price is $400,000, translating to $20,000 per acre. While the square footage is to be verified by an appraiser, this property's prime location and versatile zoning make it an attractive proposition for discerning investors seeking significant development potential in a high-traffic area of Humboldt, Tennessee. All information is deemed reliable but not guaranteed.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.