3 months on rocket

787 51st Hwy, Ripley, TN, 38063

$350,000

1.34 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #10164729
Lot Size1.34 Acres
StatusActive

About 787 51st Hwy

Great Opportunity! Restaurant ready to open on busy Hwy 51 in Ripley, TN located near intersection next to hotel and new hospital. Presently containing 5 separate dining areas, 2 bars, large kitchen and prep area, ample bathroom space, large parking areas and a 1 bedroom, 1 bath efficiency apartment. Perfect for an investor or a restaurant entrepreneur. Priced "as is" to sell quickly.

Property Details

Property Features

Listing Office:

  • Office Name: Lankford Realty Co.

Lot Features

Lot Information:

  • Lot: City Lot, Irregular Lot
  • Lot Size: 1.34 Acres

School Info

Assigned Schools Information:

  • Ripley High School, Public District Grades 9-12
  • Lauderdale Middle School, Public District Grades 6-8
  • Ripley Elementary School, Public District Grades 3-5

Other

Directions Information:

  • Directions: Property is located directly on Hwy 51 in Ripley.

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
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Housing Market Comparison

See how this home compares to others in Ripley, TN.

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Ripley, TN

City

Med. Sold Price

$155K

Med. Price/SqFt

$93

# of Sold Homes

5

787 51st Hwy vs Ripley

93 DAYS ON ROCKET

$350,000

+$195K More

KEY TAKEAWAY

This property is $195K more than the Median Sold Price in Ripley, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10164729

Listing Office:

  • Office Name: Lankford Realty Co.

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 3:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4541911
4
/10

  • Ripley Elementary School

  • 100 Hwy 19 East Av

  • 2.26 miles

  • Public District Grades 3-5

Middle School

school-card-donut-4541912
3
/10

  • Lauderdale Middle School

  • 309 Charles Griggs St

  • 0.74 miles

  • Public District Grades 6-8

High School

school-card-donut-4541913
3
/10

  • Ripley High School

  • 254 S Jefferson St

  • 1.54 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,865. Most Ripley, TN residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 787 51st Hwy

What is the listing price of this property?

The listing price of 787 51st Hwy property is $350,000.

What type of property is this?

The property 787 51st Hwy is land located in Ripley, Tennessee, 38063.

Is this property for sale now?

Active Listing: 787 51st Hwy is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 787 51st Hwy are:
Ripley Elementary School: GreatSchools Rating 4/10
Lauderdale Middle School: GreatSchools Rating 3/10
Ripley High School: GreatSchools Rating 3/10

How much acreage is this property?

The property 787 51st Hwy is 1.34 acres.
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Rocket Homes›Tennessee›Lauderdale County›Ripley›38063›787 51st Hwy

This home is located at 787 51st Hwy in Ripley, TN and zip code 38063. This home sits on a 1.34 acre lot. It has been listed on Rocket Homes since January 29, 2024 and is currently priced at $350,000.

Over 0 listings were sold over their listed price in April 2024 in Ripley, TN. In the same period over 4 listings were sold below the listed price and 1 listings were sold for the listed price. In April 2024 in Ripley, TN there were 26.7% more homes for sale than in March 2024.

From Rocket Homes Real Estate and based on county public records data.

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