3301 Eastend DrHumboldt, TN 38343

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

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.

• 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

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

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