309 51 Hwy Ripley, TN 38063
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 309 51 Hwy
- Year built
- 1996
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 309 Highway 51 in Ripley, Tennessee, presents a unique investment opportunity. Situated in a prime location within Ripley's bustling business and retail district, this property boasts high visibility and traffic counts due to its proximity to major retailers, including a Walmart. The property encompasses approximately 13.97 acres and features a substantial 41,000 square foot building complex. Previously occupied by a thriving lumber shed and hardware business, the existing improvements include a large showroom, ample office space, and several additional lumber sheds and storage buildings. The versatile nature of this property allows for a wide range of potential business conversions, making it an ideal choice for entrepreneurs seeking a well-established location with significant space and high traffic exposure. The property's size and existing infrastructure offer considerable flexibility for various commercial ventures. The seller is motivated and ready to close. This is a rare opportunity to acquire a substantial commercial property in a thriving Tennessee market. Don't miss out on this exceptional investment potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ripley
- County
- Lauderdale
- State
- Tennessee
- Longitude
- -89.5495
- Latitude
- 35.7604
