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    32 51 Ripley, TN 38063

    For Sale
    $80,000

    Land - Ripley, TN

    Lot size:
    0.68 Acres
    Days on Market:
    1260
    Last Refresh:
    Dec 8 at 11:06 am

    Property Features for 32 51

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMM
    Lot size
    0.68 Acres

    Building Details

    Architectural style
    Other

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

    Listing agent Randal Lankford (731) 635-5511

    Listing date Jun 28, 2022

    MLS# 10045461 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

    Commercial Lot on Highway 51

    This commercial lot is located in Ripley, Tennessee, on the heavily trafficked Highway 51. The property is suitable for various business types and is ready for construction. The lot size is 0.68 acres. An adjacent, similar lot is available and can be purchased together with this lot for a combined price.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Ripley
    County
    Lauderdale
    State
    Tennessee
    Longitude
    -89.5415
    Latitude
    35.7581

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    FAQs

    What type of property is this?
    Commercial land - Commercial land for sale in Ripley, Tennessee, on Highway 51.
    Where is this commercial land located?
    The property is located at 32 51 Ripley, TN.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: - Prime commercial lot location in the heart of Ripley.; - Situated on busy Hwy 51.; - Suitable for any type of business.
    (731) 635-5511
    Request Owner's contact information
    32 51 Ripley, TN 38063
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    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
    32 51 Ripley, TN 38063
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