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Ridgely, TN Banks for Sale

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Brick Office Unit
Updated: Jun 11, 2024
Brick Office Unit

124 S Main St, Ridgely, TN 38080

$145,000
2,120 sqft
2,120 square feet of office space
Former bank location
Brick construction
Built in 1969
124 S Main St, Ridgely, TN 38080
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Prime Ridgely Commercial Location
Updated: Nov 8, 2024
Prime Ridgely Commercial Location

124 S Main St, Ridgely, TN 38080

Contact for pricing
2,120 sqft
Great business location in the heart of Ridgely
Previous bank location
Suitable for office use
Built in 1969
View details
Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 2 Active listings in Ridgely, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Jonesboro Commercial Property with Drive-Thru
Jonesboro Commercial Property with Drive-Thru

4818 E Highland Dr, Jonesboro, AR 72401

$590,000
1,250 sqft 1.29 AC lot

Prime location with high visibility and drive-thru lanes.

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Former Bank Branch Building
Former Bank Branch Building

5205 E Johnson Ave, Jonesboro, AR 72405

Contact for pricing
1,584 sqft

Former Arvest Bank branch with strong highway visibility near the NEA Baptist Hospital campus.

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Freestanding Bank with Drive-Thru
Freestanding Bank with Drive-Thru

2400 Bridge St, Scott City, MO 63780

Contact for pricing
800 sqft 0.60 AC lot

Freestanding former bank with two drive-thru lanes and a dedicated ATM, situated on main-artery frontage.

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Three-Building Warehouse Property
Three-Building Warehouse Property

602 & 604 Second Street East, Scott City, MO 63780

Contact for pricing

Includes warehouse, bank, and retail buildings with inventory included.

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Off-Market Properties in Ridgely, TN

Consider similar Off-Market properties in Ridgely, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

124 Main St
FINANCIAL BUILDING

124 Main St, Ridgely, TN 38080-1321

$240,000
Estimated value
3,380 sqft 0.17 AC lot
View details
107 Main St
FINANCIAL BUILDING

107 Main St, Ridgely, TN 38080-1316

$235,000
Estimated value
1,224 sqft 0.09 AC lot
View details
107 Main St
FINANCIAL BUILDING

107 Main St, Ridgely, TN 38080-1316

$280,000
Estimated value
2,800 sqft 0.07 AC lot
View details

Ridgely, TN Banks Market Trends and Statistics

Explore 5 banks for sale in Ridgely, TN on our real estate platform. These investment opportunities span a total of 4,240 square feet of properties for sale, with an estimated market value of $145,000.

Sale prices for bank buildings in Ridgely, TN average $145,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Banks 2

Demographics Overview

Population 2,492
Population Growth (5Y) -7.4%
Median Household Income $33,750
College Educated 14.6%

High-Yield Neighborhoods for Investment

Identify Ridgely submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
38080 $145K

Taxes & Financing

Tax Rate (average for all types) 4.64%
Property Tax per SF $70.14 per SF
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lake County

Retail

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