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    9520 S State Route 78 Ridgely, TN 38080

    For Sale
    $550,000

    Light Industrial - Ridgely, TN

    Property size:
    1,393,920 SF
    Lot size:
    32.00 Acres
    Days on Market:
    135
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 9520 S State Route 78

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    multiple
    Size
    1,393,920 SF
    Lot size
    32.00 Acres

    Utilities

    Heating system
    See Remarks (Heating)

    Building Details

    Year built
    1978
    Flooring type
    Concrete
    Architectural style
    Other

    Century 21 Golden Service Realty & Auction (731) 885-8000 [email protected]

    Listing agent PHYLLIS LARRY (731) 885-8000 License #285302

    Listing date Jul 25, 2025

    MLS# 45155 Listing URL

    Copyright © 2025 Reelfoot Regional 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

    32 Acres in Ridgely, TN

    This property in Ridgely, Tennessee, presents an investment opportunity with its 32 acres of land. The site includes warehouses, storage units, an office, and a duplex. The total living area of the improvements is 1393920 square feet. The property offers various possibilities for potential use.
    Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Auto Repair Shop Auto Parts Store HVAC Service Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Ridgely
    County
    Lake
    State
    Tennessee
    Longitude
    -89.47941
    Latitude
    36.240902

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    FAQs

    What type of property is this?
    Warehouse - 32-acre property with warehouses, storage, office, and duplex.
    Where is this warehouse located?
    The property is located at 9520 S State Route 78 Ridgely, TN.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - 32 Acres of Land; - Warehouses and Storage Units on site; - Includes Office Space
    (731) 885-8000
    Request Owner's contact information
    9520 S State Route 78 Ridgely, TN 38080
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    Ridgely, TN 38080
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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
    9520 S State Route 78 Ridgely, TN 38080
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