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    OFF-MARKET
    Warehouses

    00 Central Ave, Humboldt, TN 38343

    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Warehouses
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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