130 Allen Woods LnHumboldt, TN 38343
- Industrial properties
- 13,360 SF
Property Details for 130 Allen Woods Ln
- Year built
- 2008
- Construction
- FRAME
- Lot size
- 7.08 AC
- Property size (Sq ft)
- 13,360 SF
- Property type
- Industrial properties
- Property subtype
- Other warehouses
- APN
- 057016 01001
- APU
- 5701601001
Description
This exceptional turnkey business opportunity presents FunZone Amusements, a well-established entertainment complex in Humboldt, Tennessee. Boasting 13,200 square feet on a 7-acre lot, this single-story, 2008-built facility includes an indoor inflatable jump center, miniature golf course, and arcade. The property features 120 parking spaces, one loading dock with a dock-high door, and a 22-foot ceiling height. Currently operating at 100% occupancy, the business generates a Net Operating Income (NOI) of $190,000, representing a 6.91% cap rate on the $2,750,000 asking price. The property is zoned for commercial use and benefits from a prime location in a rapidly growing area, fueled by significant economic development including the Blue Oval City project. This established business offers a unique opportunity for an entrepreneur to acquire a profitable and expanding enterprise with substantial room for growth within its spacious warehouse, featuring three offices and a break room. The seller is motivated to retire, making this a truly exceptional opportunity for ownership. The property's features include climate control, easy access via a roll-up door, and ample space for expansion. This is a rare chance to own a successful, established business in a high-growth region.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $3,495,440
- Hospitality
- $3,201,804
- Educational
- $2,663,864
- Medical
- $2,755,478
- Retail
- $4,143,788
Location Insight
- City
- Three Way
- County
- Madison
- State
- Tennessee
- Latitude
- 35.7601
- Longitude
- -88.8467
- CBSA code
- 27180
- CBSA name
- JACKSON, TN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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