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    Property profile & analytics

    117 Lk St Ridgely, TN 38080-1314

    • Office Properties & Spaces
    • 1,236 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US80-1026841
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 117 Lk St

    Year built
    1940
    Lot size
    0.05 lot acres
    Property size
    1,236 SF
    Property type
    Office Properties & Spaces
    APN
    057K Q 00700
    APU
    057KQ00700

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ridgely
    County
    Lake
    State
    Tennessee
    Longitude
    -89.4867
    Latitude
    36.2638

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $817
    $1,120
    $14,640
    $15,760
    -
    $2,800
    $36,600
    $39,400

    Comparable in this City

    • Value Estimation by Request
      1,020 SF

      124 Lk St

      OFFICE (GENERAL) • 1,020 SF
      124 Lk St, Ridgely, TN 38080-1315
      View Details
    • Value Estimation by Request
      764 SF

      115 Lk St

      OFFICE (GENERAL) • 764 SF
      115 Lk St, Ridgely, TN 38080-1314
      View Details
    • Value Estimation by Request
      672 SF

      Wynnburg Wynnburg

      OFFICE (GENERAL) • 672 SF
      Wynnburg Wynnburg, Ridgely, TN 38080
      View Details
    • Value Estimation by Request
      1,848 SF

      101 Main St

      OFFICE (GENERAL) • 1,848 SF
      101 Main St, Ridgely, TN 38080-1316
      View Details
    • Value Estimation
      $595,000
      3,975 SF

      300 Headden Dr

      OFFICE (GENERAL) • 3,975 SF
      300 Headden Dr, Ridgely, TN 38080-1628
      View Details
    • Value Estimation by Request
      21,386 SF

      305 Greenwave Dr

      Distribution properties • 21,386 SF
      305 Greenwave Dr, Ridgely, TN 38080
      View Details

    Similar Nearby for Sale

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      Ridgely Office Building - Great Investment

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    • $145,000
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      Prime Commercial Location in Ridgely

      Former bank building in the heart of Ridgely, Tennessee.
      124 S Main St, Ridgely, TN 38080
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    • $299,900
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      Ridgely Office/Warehouse Facility on 3 Acres

      21,386 SF office/warehouse on 3 acres, flexible zoning.
      305 Greenwave Dr, Ridgely, TN 38080
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    • New
      $275,000
      89.31 Acres

      Recreational Land Near Mississippi River

      89.31 acres of recreational land with river access.
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    Ridgely, TN 38080-1314
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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