130 Allen Woods LnHumboldt, TN 38343

  • Industrial properties
  • 13,360 SF
For Sale
$2,750,000 View listing

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
130 Allen Woods Ln, Humboldt, Tennessee

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

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
2022
$10,414
$96,320
$358,520
$454,840
-
$240,800
$896,300
$1,137,100

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