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    Property profile & analytics

    171 Washington St Ripley, TN 38063-1515

    • Drive through restaurants
    • 7,827 SF
    • 0.57 lot acres
    OFF-MARKET
    Value Estimation
    $255,000
    Location Intelligence
    Property ID
    US80-0907085
    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

    • Sonic Drive-In / Fast Food Restaurant

    Property Details for 171 Washington St

    Year built
    1978
    Lot size
    0.57 lot acres
    Property size
    7,827 SF
    Zone code
    B2
    Property type
    Drive through restaurants
    APN
    049076P D 01801
    APU
    049076PD01801

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ripley
    County
    Lauderdale
    State
    Tennessee
    Longitude
    -89.533
    Latitude
    35.7457

    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
    2022
    $1,686
    $11,000
    $56,440
    $67,440
    -
    $27,500
    $141,100
    $168,600

    Comparable in this City

    • Value Estimation
      $350,000
      3,480 SF

      590 Hwy 51st N

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,480 SF
      590 Hwy 51st N, Ripley, TN 38063-5902
      View Details
    • Value Estimation
      $205,000
      1,856 SF

      480 Hwy 51st N

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,856 SF
      480 Hwy 51st N, Ripley, TN 38063-5900
      View Details
    • Value Estimation
      $365,000
      3,602 SF

      340 Cleveland St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,602 SF
      340 Cleveland St, Ripley, TN 38063-1200
      View Details
    • Value Estimation
      $830,000
      3,000 SF

      810 Hwy 51st N

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,000 SF
      810 Hwy 51st N, Ripley, TN 38063-5908
      View Details
    • Value Estimation
      $245,000
      2,831 SF

      770 Hwy 51st N

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,831 SF
      770 Hwy 51st N, Ripley, TN 38063-5906
      View Details
    • Value Estimation
      $435,000
      2,082 SF

      846 Hwy 51st N

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,082 SF
      846 Hwy 51st N, Ripley, TN 38063-5908
      View Details

    Similar Nearby for Sale

    • $115,000
      1.00 Acre

      Ripley, TN Corner Lot Land

      Corner lot land with drive-through potential in Ripley, Tennessee.
      Monroe St, Ripley, TN 38063
      View Details
    • $175,000

      Ripley Retail/Restaurant Opportunity

      Turnkey cafe and income-producing rental in historic downtown Ripley.
      129 N Main St, Ripley, TN 38063
      View Details
    • $1,200,000
      2,314 SF

      Prime Ripley C-Store & Gas Station

      Turnkey Convenience Store & Gas Station in Ripley, TN
      238 Washington St, Ripley, TN 38063
      View Details
    • $240,000
      0.24 Acres

      Retail Building in Ripley, TN

      Retail building suitable for various business or office uses.
      289 S Washington St, Ripley, TN 38063
      View Details
    • $200,000

      Commercial Building in Ripley, TN

      Commercial building in central business district, suitable for various uses.
      334 S Washington St, Ripley, TN 38063
      View Details
    • $200,000
      0.29 Acres

      Commercial Building in Central Ripley

      Commercial building with drive-thru in Ripley's central business district.
      334 S Washington St, Ripley, TN 38063
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      8,320 SF

      Downtown Ripley Retail Space

      Prime 8,320 SF Retail Building
      180 Washington St, Ripley, TN 38063
      View Details
    • Contact for pricing
      43,560 SF

      Prime Ripley Commercial Land

      Highway 51 Acreage - High Visibility
      0 Us-51, Ripley, TN 38063
      View Details

    Property Visit Statistics

    • Visits by month
      23.2k
    • Visitors by month
      10.6k
    • Avg Time on site
      11 min
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    Ripley, TN 38063-1515
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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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