Property profile

00 Central Ave Humboldt, TN 38343

OFF-MARKET
Warehouses
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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

Location

00 Central Ave Humboldt, TN 38343
Humboldt metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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