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    127 Jackson Ave Ripley, TN 38063

    For Sale
    $249,000

    Commercial - Ripley, TN

    Days on Market:
    126
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 127 Jackson Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Year built
    1900
    Architectural style
    Other

    Lankford Realty Co. (731) 635-5511 [email protected]

    Listing agent Reese Gaines (731) 635-5511

    Listing date Aug 8, 2025

    MLS# 10203131 Listing URL

    Copyright © 2025 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Ripley Commercial Building For Sale

    This commercial building is located on the downtown Ripley Square. The building, previously a furniture store, offers 8,000 square feet of space with 2 bathrooms on the first floor. The second floor includes a 1,377 square foot, one-bedroom, one-bath apartment for rental income and an additional 2,673 square feet of space for expansion. In addition, there is a large, three-car garage located on the backside of the building. This property offers a variety of spaces to start a new endeavor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Auto Repair Shop Hair Salon Clothing Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Cathy's Corner Flowers & Gifts

    Location Insight

    • Map
    • Local Demand
    City
    Ripley
    County
    Lauderdale
    State
    Tennessee
    Longitude
    -89.530969
    Latitude
    35.746797

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    FAQs

    What type of property is this?
    Storefront property - Commercial building in downtown Ripley with rental income potential.
    Where is this storefront property located?
    The property is located at 127 Jackson Ave Ripley, TN.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: - Prime downtown Ripley Square location.; - 8,000 sq ft commercial space, previously a furniture store.; - Additional 2,673 sq ft space for expansion.
    (731) 635-5511
    Request Owner's contact information
    127 Jackson Ave Ripley, TN 38063
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    127 Jackson Ave Ripley, TN 38063
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