Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    403 Rozelle St Humboldt, TN 38343
    Property profile & analytics

    403 Rozelle St Humboldt, TN 38343

    View on Map
    • Office Spaces
    • 6,556 SF
    • 0.64 lot acres
    Off-Market
    Last Sale Dec 29, 2021
    $1,590,000
    Property ID
    US80-2033919
    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
    $1,400,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 403 Rozelle St

    Year built
    1912
    Lot size
    0.64 lot acres
    Property size
    6,556 SF
    Property type
    Office Spaces
    APN
    145M A 00500
    APU
    145MA00500

    Description

    This unique 6,442 square foot property, located at 403 Rozelle Street in Humboldt, Tennessee, presents a compelling investment opportunity. Built in 1912, this historic building, formerly a funeral home, is offered at an attractive price of $50,000, reflecting its current condition and need for substantial renovation. The property boasts impressive architectural details including high ceilings, original woodwork, and stained-glass windows, offering a rich canvas for creative repurposing. While the lot size is not specified, ample parking is available on the site. Its versatile layout and substantial square footage make it suitable for a variety of uses, including a community center, church, boutique business, or event venue. The property is being sold "as-is," providing a blank slate for an investor to realize its full potential. The address is 403 Rozelle Street, Humboldt, TN 38343, situated in Gibson County. All information is believed to be accurate but is not guaranteed. This description is for informational purposes only and is not part of any sales agreement.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,765,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Humboldt
    County
    Gibson
    State
    Tennessee
    Longitude
    -88.8476
    Latitude
    35.8752
    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
    0
    $0.00
    $3,720
    $68,320
    $72,040
    -
    $9,300
    $170,800
    $180,100

    Comparable in this City

    • Value Estimation
      $525,000
      3,060 SF

      End Dr

      OFFICE (GENERAL) • 3,060 SF
      End Dr, Humboldt, TN 38343
      View Details
    • Value Estimation by Request
      1,196 SF

      209 14th Ave

      OFFICE (GENERAL) • 1,196 SF
      209 14th Ave, Humboldt, TN 38343-2805
      View Details
    • Value Estimation by Request
      2,400 SF

      1626 Main St

      OFFICE (GENERAL) • 2,400 SF
      1626 Main St, Humboldt, TN 38343-2904
      View Details
    • Value Estimation by Request
      2,436 SF

      1215 Main St

      OFFICE (GENERAL) • 2,436 SF
      1215 Main St, Humboldt, TN 38343-3325
      View Details
    • Value Estimation by Request
      3,985 SF

      172 3rd Way Ln

      OFFICE (GENERAL) • 3,985 SF
      172 3rd Way Ln, Humboldt, TN 38343
      View Details
    • Value Estimation by Request
      528 SF

      Deloach Rd

      OFFICE (GENERAL) • 528 SF
      Deloach Rd, Humboldt, TN 38343
      View Details

    Similar Nearby for Sale

    • $145,000
      1,595 SF

      Downtown Humboldt Commercial Gem

      Versatile 1595 sq ft space, prime location
      207 14Th Ave, Humboldt, TN 38343
      View Details
    • $150,000
      3,376 SF

      Humboldt Office Building - Great Value

      Prime Humboldt location, 3,376 sq ft office space.
      617 22Nd Ave, Humboldt, TN 38343
      View Details
    • Contact for pricing

      Humboldt Development Opportunity

      Prime commercial land for development in Humboldt, Tennessee.
      2800 N Central Ave, Humboldt, TN 38343
      View Details
    • $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
    • $169,900
      Pending

      Two-Story Commercial Building in Humboldt

      Well-maintained commercial building suited for retail, office, or residential use.
      1403 E Main St, 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

    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
    • $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
    • Contact for pricing

      Humboldt TN Land Opportunity

      Corner lot available for ground lease or build to suit.
      1502 Fitzgerald Dr, Humboldt, TN 38343
      View Details
    • Contact for pricing

      Humboldt Industrial Property with Dock

      Industrial property for rent featuring 20 dock doors.
      3545 East Mitchell St, Humboldt, TN 38343
      View Details
    • Contact for pricing

      New Retail Space in Humboldt

      New construction retail space available in Humboldt, Tennessee.
      2841 N Central Ave, 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
    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.
    403 Rozelle St
    Humboldt, TN 38343
    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
    403 Rozelle St, Humboldt, 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!