Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    130 Allen Woods Ln Three Way, TN 38343-8654
    Back to Search
    Property profile & analytics

    130 Allen Woods Ln, Three Way, TN 38343-8654

    View on Map
    • Warehouses
    • 13,360 SF
    • 7.08 lot acres
    Off-Market
    Property ID
    US80-1591668
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,060,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Fun Zone Amusement / Arcade & Gaming Center / Family Recreation Center
    • 3 Rivers Mini Golf / Golf Course

    Property Details for 130 Allen Woods Ln

    Year built
    2008
    Construction
    FRAME
    Lot size
    7.08 lot acres
    Property type
    Warehouses
    APN
    057016 01001
    APU
    5701601001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 4, 2019 — Mayer Properties LLC — Deed · related —
    Mar 25, 2019 — Mayer Properties LLC — Trustees Deed · related $970k · Centennial Bk
    — — Mayer Properties LLC — Loan Modification · related —
    — — Mayer Properties LLC — Deed Of Trust · related $481k · Tennessee Busn Dev Corp

    Description

    This exceptional turnkey business opportunity presents FunZone Amusements, a well-established entertainment complex in Humboldt, Tennessee. Boasting 13,200 square feet on a 7-acre lot, this single-story, 2008-built facility includes an indoor inflatable jump center, miniature golf course, and arcade. The property features 120 parking spaces, one loading dock with a dock-high door, and a 22-foot ceiling height. Currently operating at 100% occupancy, the business generates a Net Operating Income (NOI) of $190,000, representing a 6.91% cap rate on the $2,750,000 asking price. The property is zoned for commercial use and benefits from a prime location in a rapidly growing area, fueled by significant economic development including the Blue Oval City project. This established business offers a unique opportunity for an entrepreneur to acquire a profitable and expanding enterprise with substantial room for growth within its spacious warehouse, featuring three offices and a break room. The seller is motivated to retire, making this a truly exceptional opportunity for ownership. The property's features include climate control, easy access via a roll-up door, and ample space for expansion. This is a rare chance to own a successful, established business in a high-growth region.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $817,000
      Market price range: $211k - $817k
      AI Estimate
      $1,238,000
      Market price range: $238k - $1.24M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,595,000
      AUTO REPAIR, GARAGE
      $1,180,000
      RETAIL STORES
      $845,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Three Way
    County
    Madison
    State
    Tennessee
    Longitude
    -88.8467
    Latitude
    35.7601
    CBSA code
    27180
    CBSA name
    JACKSON, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $10,414
    $96,320
    $358,520
    $454,840
    -
    $240,800
    $896,300
    $1,137,100

    Comparable in this City

    • Value Estimation by Request
      2,250 SF

      Hwy 45

      WAREHOUSE, STORAGE
      Hwy 45, Humboldt, TN 38343
      View Details
    • Value Estimation by Request
      2,844 SF

      124 Main St

      WAREHOUSE, STORAGE
      124 Main St, Humboldt, TN 38343
      View Details
    • Value Estimation by Request
      5,000 SF

      End Dr

      WAREHOUSE, STORAGE
      End Dr, Humboldt, TN 38343
      View Details
    • Value Estimation
      $1,735,000
      105,034 SF

      1500 Central Ave

      WAREHOUSE, STORAGE
      1500 Central Ave, Humboldt, TN 38343-1798
      View Details
    • Value Estimation by Request
      1,800 SF

      1 Fruitland Rd

      WAREHOUSE, STORAGE
      1 Fruitland Rd, Humboldt, TN 38343-5648
      View Details
    • Value Estimation by Request
      1,764 SF

      Mcknight St

      WAREHOUSE, STORAGE
      Mcknight St, Humboldt, TN 38343
      View Details

    Similar Nearby for Sale

    • $919,900
      10,000 SF

      Versatile Commercial Building Near Highway

      10,000 sqft commercial building with showroom, office, and warehouse space.
      39 N Madison Dr, Humboldt, TN 38343
      View Details
    • $250,000
      1,440 SF

      Humboldt Commercial Property For Sale

      Fenced commercial property with office and storage buildings in Humboldt.
      45 By-Pass, Humboldt, TN 38343
      View Details
    • Contact for pricing
      60,000 SF

      Humboldt Warehouse with Leasing Potential

      Warehouse with long-term tenant and additional units for lease.
      523 N 22Nd Ave, Humboldt, TN 38343
      View Details
    • $1,325,000
      9,480 SF

      Humboldt Commercial Space with Lease

      Commercial space with existing lease income until 2031.
      2214 Osborne St, Humboldt, TN 38343
      View Details
    • Contact for pricing
      9,300 SF

      Modern Industrial/Flex Space in Humboldt

      9,300 SF industrial/flex space built in 2020.
      4100 Warren Rd, Humboldt, TN 38343
      View Details

    Similar Nearby for Lease

    • $5,000 /Mo

      Spacious Industrial Space For Lease

      9300 SF industrial space with office, 3-phase power.
      4100 Warren Rd, Humboldt, TN 38343
      View Details
    • $10 SF/Yr
      9,465 SF

      Humboldt Warehouse/Office on 7.15 Acres

      9,465 SF warehouse/office on 7.15 acres, prime corner lot.
      3545 Mitchell St, Humboldt, TN 38343
      View Details
    • Contact for pricing
      40,000 SF

      Humboldt Warehouse with Rail Access

      Available warehouse space with dedicated docks and rail access.
      1101 Mcknight St, Humboldt, TN 38343
      View Details
    • $3 SF/Yr

      Humboldt Warehouse Space Available

      Warehouse spaces available for lease with rail access.
      1101 Mcknight St, Humboldt, TN 38343
      View Details
    • $2 SF/Yr

      Humboldt Warehouse Space for Lease

      79,000 SF warehouse space in Humboldt, Tennessee available for lease.
      312 S 14Th Ave, Humboldt, TN 38343
      View Details
    • Contact for pricing
      79,000 SF

      Humboldt Warehouse Space Available

      79,000 SF warehouse with dock height doors for lease.
      312 S 14Th Ave, Humboldt, TN 38343
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    130 Allen Woods Ln
    Three Way, TN 38343-8654
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    130 Allen Woods Ln, Three Way, TN, 38343
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!