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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    227 Us Hwy 45th W Humboldt, TN 38343-8580

    • Manufacturing properties
    • 108,000 SF
    • 11.00 lot acres
    OFF-MARKET
    Value Estimations
    $1,075,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-1186665
    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.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 227 Us Hwy 45th W

    Year built
    1996
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    11.00 lot acres
    Property size
    108,000 SF
    Zone code
    M1
    Property type
    Manufacturing properties
    APN
    057012 05607
    APU
    5701205607

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $870,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,273,000
      Market price range: $525k - $1.98M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,335,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Humboldt
    County
    Madison
    State
    Tennessee
    Longitude
    -88.8503
    Latitude
    35.7667
    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
    $23,562
    $55,000
    $974,120
    $1,029,120
    -
    $137,500
    $2,435,300
    $2,572,800

    Comparable in this City

    • Value Estimation
      $25,305,000
      288,568 SF

      899 Dana Dr

      MANUFACTURING (LIGHT) • 288,568 SF
      899 Dana Dr, Humboldt, TN 38343-5101
      View Details
    • Value Estimation
      $1,090,000
      182,660 SF

      2300 Eastend Dr

      MANUFACTURING (LIGHT) • 182,660 SF
      2300 Eastend Dr, Humboldt, TN 38343
      View Details
    • Value Estimation
      $3,900,000
      218,750 SF

      Humboldt Byp

      MANUFACTURING (LIGHT) • 218,750 SF
      Humboldt Byp, Humboldt, TN 38343
      View Details
    • Value Estimation
      $825,000
      67,130 SF

      Avondale Rd

      MANUFACTURING (LIGHT) • 67,130 SF
      Avondale Rd, Humboldt, TN 38343
      View Details
    • Value Estimation
      $1,905,000
      134,642 SF

      2901 Hwy 45th Byp

      MANUFACTURING (LIGHT) • 134,642 SF
      2901 Hwy 45th Byp, Humboldt, TN 38343
      View Details
    • Value Estimation
      $965,000
      84,578 SF

      Mcknight St

      MANUFACTURING (LIGHT) • 84,578 SF
      Mcknight St, Humboldt, TN 38343
      View Details

    Similar Nearby for Sale

    • $700,000
      9,300 SF

      Humboldt Industrial Flex Space

      9,300 SF Industrial Building, Vacant
      4100 Warren Rd, Humboldt, TN 38343
      View Details
    • $599,900
      13,012 SF

      Humboldt Metal Fabrication Shop

      Established metal fabrication shop on 5.3 acres in Humboldt, TN.
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    • $175,000
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      Humboldt Warehouse: $175K Investment

      Large warehouse, great location, motivated seller.
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    • $120,000

      Humboldt TN Industrial Land for Sale

      87,120 SF Vacant Commercial Lot
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    • $700,000
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      Modern Industrial/Flex Space in Humboldt

      9,300 SF industrial/flex space built in 2020.
      4100 Warren Rd, Humboldt, TN 38343
      View Details
    • $1,425,000
      9,480 SF

      Humboldt Commercial Space with Lease

      Commercial space with existing lease and potential for various uses.
      2214 Osborne St, Humboldt, TN 38343
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      9,465 SF

      Humboldt Flex Warehouse - For Lease/Sale

      9,465 SF Flex Space, 20 Docks, 7.15 Acres
      3545 Mitchell St, Humboldt, TN 38343
      View Details
    • $4,500 /Mo
      3,000 SF

      Versatile Commercial Unit in Humboldt

      3,000 sq ft commercial unit ready for your business.
      2213 E Main St, Humboldt, TN 38343
      View Details
    • $2 SF/Yr
      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
    • $3 SF/Yr
      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
    • $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
      9,000 SF

      Humboldt Village Commons Retail Space

      Prime Retail Space, Humboldt, TN
      2841 Central Ave, Humboldt, TN 38343
      View Details
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    Humboldt, TN 38343-8580
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    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
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