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Ripley TN Commercial Building
For Sale
$335,000

301 Lake Drive, Ripley, TN 38063

COMMERCIAL - Ripley, TN

Property Size4,000 SF
Price / SF$83.75
Days on Market1035

Property Features for 301 Lake Drive

General Information

Property type Commercial Sale
Property subtype Office
Zoning description COMM
Parking 20
Directions From Hwy 51 to Ripley, take exit to turn onto Lake Drive and go east. This office building is located behind the USDA office.
Standard status Active
APN 30.07
Size 4,000 SF

Building Details

Floors in Building 1
Listing Agency: Lankford Realty Co.
Listed By: Randal H Lankford · License #205520
Added: Oct 5, 2023 Changed: Aug 4 Last Checked: Aug 4 at 10:06PM
MLS# 234105

Copyright © 2026 Central West Tennessee 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.

This commercial building, located in Ripley, Tennessee, offers approximately 4000 square feet of space suitable for various uses. The building features two bathrooms, office areas, and open spaces. It has two entrances, providing the option to divide the property into two separate units.

Key Highlights

  • Prime location just off Hwy 51 in Ripley, TN.
  • Approximately 4000 sq ft of commercial space.
  • Two entrances allow for dividing the building into two separate units.

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

253
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Commercial building with office space and open areas in Ripley.
Where is this office building located?
The property is located at 301 Lake Drive 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: Prime location just off Hwy 51 in Ripley, TN.; Approximately 4000 sq ft of commercial space.; Two entrances allow for dividing the building into two separate units.
More about this property
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