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Financial
Distress signals
Property profile

238 Washington St Ripley, TN 38063

FOR SALE
Grocery and convenience stores
Property ID
US80-0795273
2,314 SF 0.41 ac lot Built 1976
Last sale Apr 2023 · $341,806
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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238 Washington St, Ripley, TN 38063 For Sale
Contact for pricing 2,314 SF
238 Washington St, Ripley, TN 38063
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Property summary

AI-generated overview

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$2k
Tax billed · 2022
Assessed value · 2023$70k
Assessed land$11k
Assessed improvement$59k
Effective rate2.50%

Value estimate

· Oct 2026
$290k
$261k – $319k
AI approach$345k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$33/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$16 – $53
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B2
JurisdictionLAUDERDALE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.0
Building Supply11.5
Dental Office11.3

Location

238 Washington St Ripley, TN 38063
County assessor Recorded deeds · 3 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
35 Arp Central, Ripley, TN 38063-6705 $150,000 May 2025 2,184 SF
6408 Hwy 209th N, Ripley, TN 38063-7508 $59,900 May 2024 2,190 SF
274 Main, Ripley, TN 38063-1330 $30,000 Nov 2023 2,490 SF
135 Jackson, Ripley, TN 38063-1507 $68,000 Aug 2023 2,520 SF
469 Washington, Ripley, TN 38063-4001 $75,000 Jun 2023 2,296 SF
107 Main, Ripley, TN 38063-1307 $115,000 Nov 2022 2,250 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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