Property profile

1424 Main St Humboldt, TN 38343

OFF-MARKET
Other warehouses
Property ID
US80-0033588
2,267 SF Built 1927
Individually Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property consists of Magnolia Manor and an associated chapel/guesthouse complex located in downtown Humboldt, Tennessee, on a 0.53-acre lot. The main building is a former church built in 1895 and was renovated; it totals 11,472 square feet and functions as an overnight guest and event facility. It includes 6 guest rooms, each approximately 16 by 24 feet, plus an owner’s suite, with a total of 7 bedrooms, 7 full bathrooms, and 5 half bathrooms. Interior spaces include a reading room and a massage room. Event and amenity areas include a wedding chapel with seating for 207, a restaurant, and a speakeasy, along with outdoor venue space. A second building on the site provides additional potential income. The property is zoned B3 and has been Select Registry inspected.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 1927
Total area 2,267 SF
APN 170H R 00700
UPID US80-0033588

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Bed & Breakfast Restaurant

Location

1424 Main St Humboldt, TN 38343-3330
Humboldt metro Census 966900 JACKSON, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$120k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$105k

Owner & transaction history

since 2019
Last sale
$25,219
5 recorded transactions
2019
Price N/A
2019
$155,000
2009
Price N/A
2006
$95,000
1969
Price N/A

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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