3301 Eastend DrHumboldt, TN 38343

  • Retail properties
  • 20,100 SF
For Sale
$2,760,000 View listing

Property Details for 3301 Eastend Dr

Year built
1992
Construction
FRAME
Lot size
2.10 AC
Property size (Sq ft)
20,100 SF
Property type
Retail properties
Property subtype
Auto shops
APN
165 03500
APU
16503500

Description

This exceptional retail property, located at 3301 Eastend Drive in Humboldt, Tennessee, presents a compelling investment opportunity. The building boasts a substantial 19,959 square feet of retail space, ideally suited for a variety of commercial uses. Situated on a generous 3.18-acre lot, the property offers ample parking for customers and employees, ensuring convenient access and a positive shopping experience. The strategic location in Humboldt provides excellent visibility and accessibility, placing the property within reach of a significant consumer base. The asking price for this prime retail center is $2,100,000. This represents a significant opportunity to acquire a well-positioned, substantial retail property in a thriving market. The property's size and location make it an attractive prospect for both established businesses seeking expansion and entrepreneurs looking to establish a new venture. The substantial square footage allows for flexibility in layout and tenant configuration, catering to a diverse range of business needs. Given the property's size, location, and asking price, serious inquiries are encouraged. This is a rare opportunity to acquire a significant retail asset in a desirable Tennessee market. Further details and potential uses can be discussed upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,753,816
    6.5%
    $6,234,292
    7%
    $5,788,986
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,948,830
    Geo Method
    $3,948,830
  • Alternative Use

    Use
    Valuation
    Residential
    $5,258,858
    Hospitality
    $4,817,086
    Educational
    $4,007,759
    Medical
    $4,145,592
    Retail
    $6,234,292
3301 Eastend Dr, Humboldt, Tennessee

Location Insight

City
Humboldt
County
Gibson
State
Tennessee
Latitude
35.8364
Longitude
-88.8953
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
-
$21,000
$246,960
$267,960
-
$52,500
$617,400
$669,900

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