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    Property profile & analytics

    180 Washington St Ripley, TN 38063

    • Retail space
    • 8,075 SF
    • 0.35 lot acres
    For Sale
    View listing
    $600,000
    Value Estimation
    Last Sale
    Jun 23, 2021
    $1,030,000
    Location Intelligence
    Property ID
    US80-0699221
    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

    • Retail space

    Property Details for 180 Washington St

    Year built
    1958
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.35 lot acres
    Property size
    8,075 SF
    Zone code
    B2
    Property type
    Retail space
    APN
    049095A B 00800
    APU
    049095AB00800

    Description

    This exceptional 8,320-square-foot retail property is ideally situated in the heart of Downtown Ripley, Tennessee. The single-tenant building offers a significant opportunity for businesses seeking a prominent location in a thriving community. Its substantial size provides ample space for a variety of retail uses, allowing for flexible layout and design to suit specific operational needs. The property's address, 180 Washington Street, places it at a high-traffic point within the downtown area, ensuring excellent visibility and accessibility for customers. Ripley, TN, zip code 38063, offers a strong local market with a loyal customer base. This turnkey retail space presents a rare chance to establish or expand a business in a desirable location with significant foot traffic and community engagement. The property's size and central location make it an attractive investment for entrepreneurs and established businesses alike. The building's condition and features will be detailed upon request. Serious inquiries are encouraged to explore this exceptional retail opportunity further. This property is offered as-is.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $870,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,070,000
      6.5%
      $1,115,000
      7%
      $1,145,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,040,000
      Geo Method
      $1,075,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,330,000
      Retail
      $1,275,000
      Mixed-Use
      $1,145,000
      Hospitality
      $1,010,000
      Educational
      $1,075,000
      Residential Income
      $960,000
      Energy
      $1,210,000
      Income-Based Land
      $1,300,000
      Food Service
      $1,320,000

    Location Insight

    • Map
    • Local Demand
    City
    Ripley
    County
    Lauderdale
    State
    Tennessee
    Longitude
    -89.5334
    Latitude
    35.7449

    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
    $3,103
    $9,000
    $115,120
    $124,120
    -
    $22,500
    $287,800
    $310,300

    Comparable in this City

    • Value Estimation by Request
      1,560 SF

      1234 Hwy 51st N

      RETAIL STORES (PERSONAL SERVICES) • 1,560 SF
      1234 Hwy 51st N, Ripley, TN 38063-8006
      View Details
    • Value Estimation by Request
      4,300 SF

      262 Cleveland St

      RETAIL STORES (PERSONAL SERVICES) • 4,300 SF
      262 Cleveland St, Ripley, TN 38063-1221
      View Details
    • Value Estimation by Request
      1,172 SF

      226 Eastend St

      RETAIL STORES (PERSONAL SERVICES) • 1,172 SF
      226 Eastend St, Ripley, TN 38063-1415
      View Details
    • Value Estimation by Request
      1,584 SF

      314 Eastland Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,584 SF
      314 Eastland Ave, Ripley, TN 38063-1945
      View Details
    • Value Estimation by Request
      9,702 SF

      110 Jefferson St

      RETAIL STORES (PERSONAL SERVICES) • 9,702 SF
      110 Jefferson St, Ripley, TN 38063-1522
      View Details
    • Value Estimation by Request
      1,976 SF

      289 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 1,976 SF
      289 Washington St, Ripley, TN 38063-1732
      View Details

    Similar Nearby for Sale

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      Prime Ripley Storefront Opportunity

      High-traffic retail space, excellent visibility.
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      Retail Property in Ripley, TN

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    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
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    Ripley, TN 38063
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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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