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Property profile & analytics
OFF-MARKET
Retail space
Asbury Ave Ripley, TN 38063
Entity Owned
1-yr Hold
Free & Clear
Property ID
US80-0371037
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1998
Construction
FRAME
Total area
2,340 SF
Lot
0.33 ac (14,375 SF)
Zoning code
B2
APN
049077 03006
UPID
US80-0371037
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
M&e Investment LLC · 1 yrs held
M&e Investment LLC
since 2024
Last sale
$160,000
7 recorded transactions
Zoning & alternative use
B2 · Ripley, TN
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Ripley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ripley submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$403
Tax year 2022
Assessed value
$28,480
Assessed 2023
Previous assessed
$16,120
+76.7% YoY
Effective rate
1.42%
On assessed value
Assessed land
$15,000
Assessed improvement
$13,480
Land market value
$37,500
Improvement market value
$33,700
Total market value
$71,200
Applied tax rate
49.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1998
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Total area
2,340 SF
Lot
0.33 ac (14,375 SF)
Zoning code
B2
APN
049077 03006
UPID
US80-0371037
Jurisdiction
LAUDERDALE
Zoning & alternative use
B2 · Ripley, TNZoning B2 · permitted uses
B2 · Ripley, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Ripley, TN
Building & site characteristics
From public records
Year built
1998
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
M&e Investment LLC
Entity
Free & Clear · 1 yrs held
Mailing address
126 N ALPINE ST, RIPLEY, TN 38063-1102
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2025
—
M&e Investment LLC
—
Deed
related
$975,000 · Graves Oil Company A Mississippi Corpora
Nov 26, 2024
$200,000
M&e Investment LLC
Norman Hendren
Warranty Deed
—
Feb 23, 2023
—
Samantha Culver
—
Deed
related
$200,000 · Bank Of Ripley
Aug 24, 2022
—
Norman Hendren
—
Deed
related
$136,859 · Insouth Bank
May 4, 2022
$160,000
Norman Hendren
Brenda S Campbell
Warranty Deed
—
Apr 18, 2017
$75,000
Judith Bowley
Mcmahan,william A
Warranty Deed
$60,000 · Wells Fargo Bk
May 15, 2015
$20,000
Brenda S Campbell
Summar Norma
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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