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Property profile & analytics
FOR SALE
Office Spaces

314 N 22Nd Ave Humboldt, TN 38343

3,360 SF 0.25 ac lot Built 1966
Individually Owned 4-yr Hold Free & Clear
Property ID
US80-2320024
Property summary
AI-generated overview

This exceptional 3,360 square foot commercial property located at 314 N 22nd Avenue in Humboldt, Tennessee, presents a unique investment opportunity. Zoned for commercial use, this versatile land offers significant potential for various business ventures. The existing building features convenient dual entrances, allowing for flexible space configuration. The property is ideally suited for division into multiple offices, catering to a range of business needs. The building's HVAC system comprises four units; two are brand new, while the remaining two are approximately 10 years old, ensuring efficient climate control. A notable advantage is the integration of solar energy, resulting in monthly credits on the TVA utility bill, offering substantial long-term cost savings. Situated in Gibson County, Tennessee, with the address 314 N 22nd Avenue, Humboldt, TN 38343 (zip code 38343), this property boasts a prime location within the vibrant Humboldt community. The asking price is $225,000. This presents a compelling opportunity for investors seeking a strong return on investment in a thriving market. The property's size and features make it an attractive prospect for a variety of commercial uses.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1966
Total area 3,360 SF
Lot 0.25 ac (10,752 SF)
APN 170F A 05100
UPID US80-2320024
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
  • Infostructure Inc Television Studio Media Distribution
  • Wirj Radio Station Telecommunications Service
  • 1Tennessee Broadband Telecommunications Service Data Center
  • Click One Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Frank Warmath · 4 yrs held
Frank Warmath
since 2022
Last sale
$89,750
3 recorded transactions
2022
Price N/A
2006
$89,750
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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