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Property profile & analytics
OFF-MARKET
Commercial real estate

291 Washington St Ripley, TN 38063

Built 1997
Entity Owned
Property ID
US80-1541555
Property summary
AI-generated overview

This exceptional commercial property located at 291 S WASHINGTON St, Ripley, TN, presents a unique investment opportunity. Priced at $150,000, this building offers two distinct units, ideal for both owner-occupancy and rental income generation. Unit A provides ample space for establishing a new business or relocating an existing one, while Unit B offers immediate rental income potential. The property's layout is well-suited for a variety of commercial uses, making it a versatile investment. The building's size is not specified, but its dual-unit configuration allows for flexibility in business operations and income streams. This property is situated in Ripley, TN, offering access to local markets and a growing community. The absence of acreage suggests a convenient, low-maintenance property. This is an excellent opportunity for entrepreneurs seeking a combined business and investment property, or for investors looking for a strong return on investment through rental income. The property's dual-unit structure minimizes risk and maximizes potential profits. Serious inquiries are encouraged to explore this promising commercial venture. The property is offered as-is.

Property profile
Verified
Property type Commercial real estate
Year built 1997
UPID US80-1541555
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Nelson Management LLC
Nelson Management LLC
since 2025
5 recorded transactions
2025
$133,000
2025
$80,000
2022
$170,000
2020
Price N/A
2017
$170,100
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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