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    1316 N City Ave Ripley, MS 38663

    For Sale
    $265,000

    Commerical Property - Ripley, MS

    Property size:
    3,568 SF
    Lot size:
    0.10 Acres
    Days on Market:
    135
    Last Refresh:
    Dec 13 at 8:06 am

    Property Features for 1316 N City Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Size
    3,568 SF
    Lot size
    0.10 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year renovated
    1945
    Floors in Building
    1
    Architectural style
    Other

    Rachel Ray Real Estate (662) 598-2023 [email protected]

    Listing agent Autumn Wilson (662) 598-2023 License #S-59952

    Listing date Aug 1, 2025

    MLS# 25-290 Listing URL

    Copyright © 2025 Northeast Mississippi Board 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

    Established Dry Cleaning Business

    This commercial property presents an opportunity to own a dry cleaning business established in 1956. Located in the heart of Ripley, MS, the property includes a building of approximately 3,568 square feet. The parking lot measures 55x40. The property is being sold as-is, including equipment and some furniture. The zoning is commercial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Building Supply Nail Salon Gym & Fitness Clothing Store

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

    Similar Places Nearby

    House of Flowers

    Location Insight

    • Map
    • Local Demand
    City
    Ripley
    County
    Tippah
    State
    Mississippi
    Longitude
    -88.947514
    Latitude
    34.743683

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    FAQs

    What type of property is this?
    Storefront property - Commercial property with a long-standing dry cleaning business.
    Where is this storefront property located?
    The property is located at 1316 N City Ave Ripley, MS.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: - Established dry cleaning business operating since 1956.; - Includes all equipment necessary for dry cleaning operations.; - Building size is approximately 3,568 sq ft.
    (662) 598-2023
    Request Owner's contact information
    1316 N City Ave Ripley, MS 38663
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    Ripley, MS 38663
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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
    1316 N City Ave Ripley, MS 38663
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