815 City S Ave Ripley, MS 38663-2906
This 6,200 square foot retail building, located at 815 City Ave S Building B in Ripley, Mississippi, is available for $1,100,000. Built in 1996, this single-story property sits on one acre of commercially zoned land (APN: instrument #2016002746) and offers a versatile layout ideal for a variety of uses. The space includes several private offices, a private sales booth, a lobby, and ample stock rooms. A notable feature is an existing car paint room, making it well-suited for automotive-related businesses such as a car dealership or equipment dealership. However, its adaptability extends to numerous other possibilities, including a convenience store, liquor store, medical office, restaurant, or professional office space (attorney, doctor). Its prime location makes it particularly attractive for franchise opportunities, such as grocery, restaurant, or convenience store chains. The property is currently vacant, offering immediate occupancy. Note that this property can be sold together with an adjacent mechanic shop (MLS 23-745), with lot and taxes divided at closing. All information is believed to be accurate but is not guaranteed.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.