0 Lake Dr Ripley, TN 38063
This exceptional 60,112.8 square foot commercial lot presents a remarkable investment opportunity in Ripley, Tennessee. Located at 0 Lake Dr, Ripley, TN 38063, this property offers unparalleled potential for a wide range of commercial ventures. The expansive lot size provides ample space for development, allowing for flexibility in design and construction to suit diverse business needs. Its strategic location within Lauderdale County ensures excellent visibility and accessibility, making it an ideal site for attracting customers and clients. The property's flat terrain simplifies development, minimizing site preparation costs and accelerating the construction timeline. This prime commercial land is ready for immediate development, presenting a unique chance to establish a thriving business in a growing community. The asking price is $79,000, representing a compelling value for such a sizable and well-situated parcel. Serious inquiries are encouraged to explore the possibilities and secure this exceptional opportunity. The property is zoned for commercial use and is conveniently located near major roadways, offering easy access for employees and customers. Don't miss this chance to acquire a significant piece of commercial real estate in a desirable Tennessee location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.