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Divisible Office Units
For Sale
$335,000

301 Lake Drive, Ripley, TN 38063

Commercial Sale, Ripley, TN

Property Size4,000 SF
Price / SF$83.75
Days on Market1074

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: Sep 6 Last Checked: Sep 12 at 9:06AM
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 office property contains approximately 4000 square feet arranged with dedicated office areas, open workspace, and 2 bathrooms. Two separate entrances provide flexibility for configuring the building as 2 independent units, subject to the desired layout and use. The property is positioned just off Hwy 51 in Ripley, Tennessee, with the address at 301 Lake Drive. Its combination of enclosed offices, adaptable open areas, and multiple access points creates a straightforward commercial layout for office occupancy or a divided configuration.

Key Highlights

  • Approximately 4000 square feet of office and open‑area space
  • 2 bathrooms included
  • Two entrances support division into 2 separate units

Property Analytics

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Open 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.

Lease Details

Yes
Highway access

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 units - Office and open-area layout with two entrances allows the building to function as separate units.
Where is this office units 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: Approximately 4000 square feet of office and open‑area space; 2 bathrooms included; Two entrances support division into 2 separate units
More about this property
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