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    180 Washington St Ripley, TN 38063

    Sponsored
    For Lease
    $6 SF/Yr ($4,160 /Mo)

    Prime 8,320 SF Retail Building

    Lot size:
    8,320 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8,320-square-foot retail property is ideally situated in the heart of Downtown Ripley, Tennessee. The single-tenant building offers a significant opportunity for businesses seeking a prominent location in a thriving community. Its substantial size provides ample space for a variety of retail uses, allowing for flexible layout and design to suit specific operational needs. The property's address, 180 Washington Street, places it at a high-traffic point within the downtown area, ensuring excellent visibility and accessibility for customers. Ripley, TN, zip code 38063, offers a strong local market with a loyal customer base. This turnkey retail space presents a rare chance to establish or expand a business in a desirable location with significant foot traffic and community engagement. The property's size and central location make it an attractive investment for entrepreneurs and established businesses alike. The building's condition and features will be detailed upon request. Serious inquiries are encouraged to explore this exceptional retail opportunity further. This property is offered as-is.

    Property Features for 180 Washington St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,320 SF
    Total Rate
    4160

    Unit(s) available at that property

    Space
    Size
    8,320 SF
    Rate per SF
    $6

    HighLights

    • 8,320 SF retail building in Downtown Ripley, TN (38063).
    • High‑traffic location at 180 Washington Street with excellent ingress/egress.
    • Strong local market with 51,352 residents within a 10‑mile radius and 4,567 vehicles per day (VPD).
    • Features a large pylon sign.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Auto Repair Shop Hair Salon Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Ripley
    County
    Lauderdale
    State
    Tennessee
    Longitude
    -89.533353291091
    Latitude
    35.745344381482

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    FAQs

    What type of property is this?
    Retail property - Prime 8,320 SF Retail Building
    Where is this retail property located?
    The property is located at 180 Washington St Ripley, TN.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 8,320 SF retail building in Downtown Ripley, TN (38063).; High-traffic location at 180 Washington Street with excellent ingress/egress.; Strong local market with 51,352 residents within a 10-mile radius and 4,567 vehicles per day (VPD).
    Request Owner's contact information
    180 Washington St 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
    180 Washington St Ripley, TN 38063
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