123 Church AveHenderson, TN 38340

Property Details for 123 Church Ave

Year built

1943

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.92 AC

Property size (Sq ft)

11,602 SF

Zone code

B2

Property type

Automotive properties

APN

012046C E 00800

APU

012046CE00800

Description

This exceptional office building, located at 123 N Church Avenue N in Henderson, Tennessee, presents a significant investment opportunity. Boasting a substantial 11,602 square feet of space, this property sits on a generous 2.85-acre lot, offering ample room for expansion, parking, or future development. The building's size and layout are ideal for a variety of businesses, providing flexibility for diverse operational needs. Its prime location in Henderson offers excellent visibility and accessibility, ensuring convenient access for employees and clients alike. The asking price of $670,000 represents a compelling value for a property of this scale and location within the Henderson commercial real estate market. This is a rare opportunity to acquire a substantial and well-situated office building in a thriving Tennessee community. The property's substantial size and acreage provide significant potential for future growth and adaptation to evolving business requirements. Serious inquiries are encouraged to explore the possibilities this property offers. Detailed property information and specifications are available upon request. Don't miss this chance to secure a prominent commercial presence in Henderson, Tennessee.

• CAP approach

  CAP return

  Valuation

  6%

  $2,536,412

  6.5%

  $2,341,303

  7%

  $2,174,067

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,279,320

  Geo Method

  $2,279,320

• Alternative Use

  Use

  Valuation

  Residential

  $1,974,977

  Hospitality

  $1,809,068

  Educational

  $1,505,124

  Medical

  $1,556,887

  Retail

  $2,341,303

Location Insight

City

Henderson

County

Chester

State

Tennessee

Latitude

35.4373

Longitude

-88.6456

CBSA code

27180

CBSA name

JACKSON, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].