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Property profile & analytics
OFF-MARKET Estimated value $1,060,000
Warehouses

130 Allen Woods Ln Three Way, TN 38343-8654

13,360 SF 7.08 ac lot Built 2008
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US80-1591668
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2008
Construction FRAME
Total area 13,360 SF
Lot 7.08 ac (308,405 SF)
APN 057016 01001
UPID US80-1591668
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
Current use
Occupant on record · Public records
  • Fun Zone Amusement Arcade & Gaming Center Family Recreation Center
  • 3 Rivers Mini Golf Golf Course
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$817k
Blend (final) Blend
$1.06M
Owner & transaction history
Mayer Properties LLC · 6 yrs held
Mayer Properties LLC
since 2019
4 recorded transactions
2019
Price N/A
2019
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.6M +228.7%
Auto repair, garage $1.2M +143.2%
Retail stores $845,000 +74.1%
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