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    493 Highway 51 S Ripley, TN 38063

    For Sale
    $199,000

    Land - Ripley, TN

    Lot size:
    2.61 Acres
    Days on Market:
    52
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 493 Highway 51 S

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commer
    Lot size
    2.61 Acres

    Building Details

    Architectural style
    Other

    Unique Properties (731) 635-3660 [email protected]

    Listing agent June Bates (731) 635-3660

    Listing date Oct 16, 2025

    MLS# 10201096 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 Land on Highway 51

    This 2.61 acre commercial lot is located in Ripley, TN, and offers 133 feet of road frontage on Highway 51 N. The property is situated in close proximity to Walmart, restaurants, fast food establishments, furniture stores, and other shopping venues. The property is suitable for development and intended for various business uses, including fast food or dine-in restaurants, storage units, business or medical offices, drug stores, beauty shops, nail boutiques, and antique stores.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Clothing Store Auto Parts Store Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Ripley
    County
    Lauderdale
    State
    Tennessee
    Longitude
    -89.545995
    Latitude
    35.763618

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    FAQs

    What type of property is this?
    Commercial land - 2.61 acre commercial lot with highway frontage in Ripley, TN.
    Where is this commercial land located?
    The property is located at 493 Highway 51 S Ripley, TN.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - High traffic flow location ideal for commercial development.; - 2.6 acre +/- lot with 133 ft of road frontage on Hwy 51 N.; - Close proximity to Walmart, restaurants, and other shopping.
    (731) 635-3660
    Request Owner's contact information
    493 Highway 51 S 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
    493 Highway 51 S Ripley, TN 38063
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