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Office Building with Divisible Layout
For Sale
$335,000

301 LAKE Dr, Ripley, TN 38063

Commercial/Industrial, Ripley, TN

Property SizeContact for details
Days on Market1051

Property Features for 301 LAKE Dr

General Information

Property type Residential
Property subtype Office
Standard status Active

Taxes and HOA fees

Tax Annual Amount 4000

Building Details

Year built 2001
Listing Agency: Lankford Realty Co.
Listed By: Ryan Whiteside
Added: Oct 5, 2023 Changed: Aug 19 Last Checked: Aug 20 at 4:06PM
MLS# 10158271

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Built in 2001, this office building in Ripley offers approximately 4,000 square feet configured with private office areas, open space, and two bathrooms. Two entrances create the option to separate the interior into two units, providing flexibility for an owner-user or multiple occupants.

The property is located at 301 LAKE Dr in Ripley, Tennessee, just off Highway 51. Its combination of office space, open areas, restroom facilities, and a divisible layout supports a range of commercial office configurations.

Key Highlights

  • Approximately 4,000 square feet of office and open‑area space
  • Two entrances allow the building to be divided into 2 separate units
  • 2 bathrooms included

Property Analytics

Current Use

US Agricultural Department Federal Government Office Lauderdale County Soil ... Sustainability Organization Cane Creek Watershed ... Government Office

Suggested Use

Top Pick Building Supply HVAC Service Dental Office Electrical Service Law Firm Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

149
Businesses Nearby

Demographics for 38063, TN

16,033
Population
7,070
Households
2.3
Avg Household Size
40
Median Age
13%
College-Educated
84%
High-School Grad
285.2 sq mi
ZIP Area
56
Density / Sq Mi
$48,578
Median Household Income
$37,121
Median Earnings
$731
Median Rent
$137,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Office and open-area configuration with separate entrances supports flexible occupancy arrangements.
Where is this office building located?
The property is located at 301 LAKE Dr Ripley, TN.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Approximately 4,000 square feet of office and open‑area space; Two entrances allow the building to be divided into 2 separate units; 2 bathrooms included
More about this property
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