428 Woods DrHenderson, TN 38340

  • Parking lots & garages
  • 1,200 SF
For Sale
$89,900 View listing

Property Details for 428 Woods Dr

Year built
1979
Lot size
0.33 AC
Property size (Sq ft)
1,200 SF
Zone code
B1
Property type
Parking lots & garages
APN
012033N A 01700
APU
012033NA01700

Description

This versatile commercial property, located at 428 Woods in Henderson, Tennessee, presents a fantastic opportunity for a variety of businesses. The building offers over 1,500 square feet of usable space, perfectly suited for workshops, light industrial operations, or businesses requiring both office and storage areas. Key features include multiple garage doors, providing easy access for loading and unloading, as well as dedicated office space for administrative tasks. A convenient bathroom is also included, enhancing the functionality and comfort of the space. The property is situated in a prime location within Henderson, offering excellent accessibility and visibility. The asking price of $89,900 represents exceptional value for a property of this size and functionality in this desirable market. This is an ideal opportunity for entrepreneurs and established businesses seeking a cost-effective and well-equipped space to expand or relocate their operations. The property's layout and features make it adaptable to a wide range of uses, offering significant potential for growth and success. Don't miss this chance to secure a valuable commercial asset in a thriving community. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $262,342
    6.5%
    $242,162
    7%
    $224,864
  • Comparable approach

    Method
    Valuation
    Relative Method
    $235,751
    Geo Method
    $235,751
  • Alternative Use

    Use
    Valuation
    Residential
    $204,272
    Hospitality
    $187,112
    Educational
    $155,675
    Medical
    $161,029
    Retail
    $242,162

Location Insight

City
Henderson
County
Chester
State
Tennessee
Latitude
35.4428
Longitude
-88.6523
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
2023
$135
-
-
$5,440
-
$10,200
$3,400
$13,600

FAQs

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