Property profile

204 14Th Ave Humboldt, TN 38343

OFF-MARKET
Retail properties & Spaces
9,900 SF
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Property summary

AI-generated overview

This exceptional retail property, located at 204 S 14th Ave in Humboldt, Tennessee, presents a unique investment opportunity. The building, formerly home to Simmons Shoe Store, boasts 9,900 heated square feet spread across a single story. Its versatile layout includes ample storage and office space in the rear, offering significant potential for subdivision into multiple units to suit various business needs. The property benefits from a substantial parking area, providing approximately 19 spaces in front and at least 12 in the rear, ensuring convenient access for customers and employees. Recent improvements to the surrounding area include newly remodeled sidewalks and lighting, enhancing the property's visibility and appeal. Inside, the building features four restrooms and a security alarm system. The property is situated in the heart of historic downtown Humboldt, offering high visibility and foot traffic. This prime location, combined with the building's size and features, makes it an ideal investment for entrepreneurs seeking a prominent presence in a thriving community. The asking price is $319,900. The lot size is not specified. The property is zoned for retail use.

Property profile

Verified
Property type Retail properties & Spaces
Total area 9,900 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

204 14Th Ave Humboldt, TN 38343
Humboldt metro
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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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