39 Madison DrHumboldt, TN 38343

  • Commercial real estate
  • 10,000 SF
For Sale
$1,195,000 View listing

Property Details for 39 Madison Dr

Year built
1999
Construction
FRAME
Lot size
0.65 AC
Property size (Sq ft)
10,000 SF
Zone code
C2
Property type
Commercial real estate
APN
057016F A 00500
APU
057016FA00500

Description

This exceptional 10,000-square-foot mixed-use warehouse presents a remarkable opportunity for owner-occupancy or investment. Situated on a spacious 28,314-square-foot lot at 39 N Madison Drive in Humboldt, Tennessee, this single-story building boasts a prime location less than 30 minutes from Ford's new Blue Oval City. Built in 1999, the property features five convenient roll-up doors, facilitating efficient loading and unloading. Inside, you'll find two offices and two bathrooms, with ample room for expansion, including the potential addition of a shower. A mezzanine level provides valuable extra storage space. The building itself and the asphalt are in excellent condition. This property offers a rare combination of functionality, location, and condition, making it an ideal choice for a variety of businesses. Its strategic proximity to a rapidly developing area of West Tennessee ensures strong potential for future growth and return on investment. The property's versatility and well-maintained features make it a truly compelling opportunity. The 38343 zip code offers easy access to major transportation routes, further enhancing its appeal.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,616,348
    Hospitality
    $2,396,560
    Educational
    $1,993,910
    Medical
    $2,062,484
    Retail
    $3,101,638

Location Insight

City
Humboldt
County
Madison
State
Tennessee
Latitude
35.7539
Longitude
-88.8453
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
$2,650
$31,840
$83,920
$115,760
-
$79,600
$209,800
$289,400

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