238 Washington St Ripley, TN 38063
Property Lookup
Property profile & analytics
238 Washington St Ripley, TN 38063
- Grocery and convenience stores
- 2,314 SF
- 0.41 lot acres
Property ID
US80-0795273
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.
Location Intelligence
Current Use by Public Records
- Little General 03 / Grocery & Convenience Store
- Cox Oil Company, Inc. / Gas Station
- ATM (Little General) / Atm
Property Details for 238 Washington St
- Year built
- 1976
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.41 lot acres
- Property size
- 2,314 SF
- Zone code
- B2
- Property type
- Grocery and convenience stores
- APN
- 049095A F 01400
- APU
- 049095AF01400
Description
This exceptional owner-user opportunity presents a thriving convenience store and gas station located at 238 South Washington Street in Ripley, Tennessee. The 2,314 square foot building sits on a 0.41-acre lot and boasts 100% occupancy. Recent interior renovations include new flooring, coolers, shelving, and updated branding, creating a modern and efficient retail space. All fueling equipment and FF&E are included, making this a true turn-key acquisition. The property enjoys a prime location at a busy intersection, surrounded by major retailers such as Walmart Supercenter, Domino's, Captain D's, Sonic Drive-In, Cash Saver, and Dollar General, ensuring high visibility and consistent customer traffic. The business currently generates strong inside sales and is offered at $1,000,000 ($432.15/sq ft), presenting a significant value-add investment opportunity for an operator seeking to expand into a new market or acquire a profitable, established business. Financial records demonstrate consistent profitability, allowing for immediate return on investment. This is a rare opportunity to acquire a well-established, high-performing convenience store and gas station in a desirable location. The property is ready for immediate operation, minimizing start-up costs and maximizing potential for growth.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Ripley
- County
- Lauderdale
- State
- Tennessee
- Longitude
- -89.537
- Latitude
- 35.7432
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
$1,756
$11,200
$59,040
$70,240
-
$28,000
$147,600
$175,600
