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    Property profile & analytics

    79 Hwy 51st S Ripley, TN 38063-4580

    • Medical offices
    • 6,136 SF
    • 2.24 lot acres
    OFF-MARKET
    Value Estimation
    $900,000
    Last Sale
    May 28, 2024
    $870,330
    Location Intelligence
    Property ID
    US80-0910929
    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

    • Taran Coleman / General Practitioner / Nurse Practitioner
    • Kristen Beasley / Nurse Practitioner
    • Lauren Butler / Nurse Practitioner / Practitioner Service Location

    Property Details for 79 Hwy 51st S

    Year built
    2001
    Lot size
    2.24 lot acres
    Property size
    6,136 SF
    Zone code
    B2
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    049077N A 01900
    APU
    049077NA01900

    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%
      $980,000
      6.5%
      $830,000
      7%
      $990,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,040,000
      Geo Method
      $1,025,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $855,000
      Retail
      $800,000
      Mixed-Use
      $1,030,000
      Hospitality
      $980,000
      Educational
      $975,000
      Residential Income
      $850,000
      Energy
      $1,040,000
      Income-Based Land
      $975,000
      Food Service
      $895,000

    Location Insight

    • Map
    • Local Demand
    City
    Ripley
    County
    Lauderdale
    State
    Tennessee
    Longitude
    -89.5514
    Latitude
    35.7542

    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
    $7,997
    $69,000
    $250,880
    $319,880
    -
    $172,500
    $627,200
    $799,700

    Comparable in this City

    • Value Estimation by Request
      3,576 SF

      317 Cleveland St

      MEDICAL BUILDING • 3,576 SF
      317 Cleveland St, Ripley, TN 38063-1205
      View Details
    • Value Estimation by Request
      5,784 SF

      211 Anthony St

      MEDICAL BUILDING • 5,784 SF
      211 Anthony St, Ripley, TN 38063-1603
      View Details
    • Value Estimation
      $520,000
      5,450 SF

      1800 Hwy 51st S

      MEDICAL BUILDING • 5,450 SF
      1800 Hwy 51st S, Ripley, TN 38063-5598
      View Details
    • Value Estimation
      $515,000
      5,846 SF

      854 Hwy 51st S

      MEDICAL BUILDING • 5,846 SF
      854 Hwy 51st S, Ripley, TN 38063-5536
      View Details
    • Value Estimation
      $405,000
      5,174 SF

      868 Hwy 51st S

      MEDICAL BUILDING • 5,174 SF
      868 Hwy 51st S, Ripley, TN 38063-5536
      View Details
    • Value Estimation by Request
      9,376 SF

      500 Hwy 51st S

      MEDICAL BUILDING • 9,376 SF
      500 Hwy 51st S, Ripley, TN 38063-4583
      View Details

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    • $45,000
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      Commercial Land in Ripley, TN

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    Similar Nearby for Lease

    • Contact for pricing
      43,560 SF

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    Ripley, TN 38063-4580
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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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