617 22Nd AveHumboldt, TN 38343

Property Details for 617 22Nd Ave

Year built

1947

Construction

WOOD

Lot size

0.62 AC

Property size (Sq ft)

8,160 SF

Property type

Office properties

Property subtype

Other office properties

APN

170B R 02400

APU

170BR02400

Description

This exceptional office building, located at 617 N 22nd Ave in Humboldt, Tennessee, presents a compelling investment opportunity. The property boasts a substantial 3,376 square feet of usable space, ideal for a variety of business needs. Situated on a lot with no acreage, the building offers convenient access and minimal land maintenance. The asking price of $150,000 represents significant value for a property of this size and location within Humboldt. The building's precise layout and internal features are not currently specified, allowing for flexible adaptation to suit a diverse range of potential tenants or business operations. This presents a unique chance to acquire a well-positioned commercial property in a thriving Tennessee community. The address, 617 N 22nd Ave, ensures excellent visibility and accessibility. Serious inquiries are encouraged to explore the full potential of this promising investment. Given the attractive price point and the substantial square footage, this property is expected to generate considerable interest. Further details regarding the building's internal configuration and potential uses can be provided upon request. Don't miss this opportunity to own a valuable piece of Humboldt commercial real estate.

• CAP approach

  CAP return

  Valuation

  6%

  $1,865,203

  6.5%

  $1,721,726

  7%

  $1,598,745

• Comparable approach

  Method

  Valuation

  Relative Method

  $636,154

  Geo Method

  $636,154

• Alternative Use

  Use

  Valuation

  Residential

  $2,134,940

  Hospitality

  $1,955,593

  Educational

  $1,627,031

  Medical

  $1,682,987

  Retail

  $2,530,936

Location Insight

City

Humboldt

County

Gibson

State

Tennessee

Latitude

35.8239

Longitude

-88.9079

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].