309 51 Hwy Ripley, TN 38063
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.
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.