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Property profile & analytics
OFF-MARKET
Retail space
114 Jefferson St Ripley, TN 38063-1522
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-1824039
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1935
Total area
4,884 SF
Lot
0.05 ac (2,376 SF)
Zoning code
B3
APN
049095A H 01300
UPID
US80-1824039
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Jeremy T. Armstrong, Attorney at Law Law Firm Child Welfare Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Eric Wylie · 3 yrs held
Eric Wylie
since 2023
Last sale
$88,500
3 recorded transactions
Zoning & alternative use
B3 · Ripley, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Ripley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ripley submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$984
Tax year 2022
Assessed value
$39,360
Assessed 2023
Previous assessed
$39,360
+0.0% YoY
Effective rate
2.50%
On assessed value
Assessed land
$3,200
Assessed improvement
$36,160
Land market value
$8,000
Improvement market value
$90,400
Total market value
$98,400
Applied tax rate
49.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1935
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
1
Total area
4,884 SF
Lot
0.05 ac (2,376 SF)
Zoning code
B3
APN
049095A H 01300
UPID
US80-1824039
Jurisdiction
LAUDERDALE
Zoning & alternative use
B3 · Ripley, TN
Zoning B3 · permitted uses
B3 · Ripley, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ripley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1935
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Eric Wylie
Individual
Mailing address
808 KELLY COR RD, COVINGTON, TN 38019-8130
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2023
$88,500
Eric Wylie
Pamela H Worley
Warranty Deed
$70,800 · Bank Of Ripley
Sep 28, 2022
$70,000
Pamela H Worley
Betty Griggs Family Trust
Warranty Deed
$52,139 · Banktennessee
Sep 22, 2020
—
Griggs,betty Family Trust
Griggs Betty Living Trust
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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