2590 Central AveHumboldt, TN 38343

  • Retail properties
  • 3,078 SF
For Lease

Property Details for 2590 Central Ave

Year built
1985
Lot size
0.08 AC
Property size (Sq ft)
3,078 SF
Property type
Retail properties
Property subtype
Drive through restaurants
APN
165J G 03002
APU
165JG03002

Description

This exceptional freestanding restaurant building, formerly a Hardee's, presents a unique opportunity for a savvy investor or business owner. Located at 2590 N Central Ave in Humboldt, Tennessee, within Gibson County, this single-tenant property boasts a substantial 2,303 square feet of vacant space, ready for immediate occupancy. The building is classified as retail, land, and restaurant, offering versatility for a variety of commercial uses. Its prime location provides excellent visibility and accessibility, making it an ideal spot for a thriving business. The property's existing infrastructure offers a significant advantage, potentially reducing initial setup costs and allowing for a quicker launch. The entire 2,303 square feet is currently vacant, providing a blank canvas for customization and branding. This presents a rare chance to establish a strong presence in a desirable Humboldt market. The property's address is easily accessible and situated in a convenient location for customers. With its ample space and strategic location, this former Hardee's is poised for success under new ownership. The property is available for lease and presents a compelling investment opportunity in a growing Tennessee market. The zip code for this property is 38343. Serious inquiries are encouraged to explore this promising commercial real estate prospect.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,034,241
    6.5%
    $954,684
    7%
    $886,492
  • Comparable approach

    Method
    Valuation
    Relative Method
    $604,701
    Geo Method
    $604,701
  • Alternative Use

    Use
    Valuation
    Residential
    $805,312
    Hospitality
    $737,661
    Educational
    $613,726
    Medical
    $634,832
    Retail
    $954,684
2590 Central Ave, Humboldt, Tennessee

Location Insight

City
Humboldt
County
Gibson
State
Tennessee
Latitude
35.8368
Longitude
-88.9147
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
0
-
$30,000
$104,800
$134,800
-
$75,000
$262,000
$337,000

FAQs

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