124 S Main St Ridgely, TN 38080
For Sale
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This exceptional office building, located at 124 S Main St in the thriving town of Ridgely, Tennessee, presents a fantastic investment opportunity. Boasting a generous 2,120 square feet of well-maintained space, this property is ideally suited for a variety of businesses. The building's strategic location on Main Street ensures high visibility and easy access for clients and employees. The property sits on a lot with no acreage, making it low-maintenance and efficient. The asking price of $145,000 represents exceptional value for a property of this size and location in Ridgely. This is a turnkey opportunity for an established business seeking to expand or a new venture looking for a solid foundation. The interior layout is adaptable and can be configured to meet the specific needs of various businesses. The building is ready for immediate occupancy, allowing for a quick and seamless transition. Don't miss this chance to acquire a prime commercial property in a growing Tennessee town. Serious inquiries are encouraged to explore this promising investment further. The property is offered as-is.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.