Covington, TN Commercial Real Estate for Sale

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Fenced Flex Space with Truck Scales
Updated: Dec 22, 2025
Fenced Flex Space with Truck Scales

2425 Rialto Road, Covington, TN 38019

$990,000
23,486 sqft 7.00 AC lot
7‑acre commercial tract with 23,486 SF of stated building area
Five buildings include 2,000 SF office, 17,226 SF warehouse, and 6,260 SF open storage
Truck scales and 6‑foot chain‑link fencing
Entrances from Rialto Road and Witherington Drive
Public water, public sewer, gas, and electricity
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Medical Office with Four Exam Rooms
Updated: May 21
Medical Office with Four Exam Rooms

1721 Highway 51 S, Covington, TN 38019

$399,000
1.00 AC lot
Four exam rooms
Large waiting room with guest restroom
Two staff/patient restrooms in treatment area
Patient parking in front and staff parking in rear
Built in 1989
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Prime Land Across From Walmart
Prime Land Across From Walmart

1602 HWY 51 S, Covington, TN 38019

$3,500,000
1.41 AC lot

1.41 acres of commercial land across from Walmart.

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Retail and Restaurant Investment Opportunity
Retail and Restaurant Investment Opportunity

928 Hwy 51 S, Covington, TN 38019

Contact for pricing
9,040 sqft

Retail and restaurant spaces for sale in Covington, Tennessee.

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Commercial Land With Existing Building
Commercial Land With Existing Building

888 HWY 51, Covington, TN 38019

$850,000

Six-acre commercial land holding with an existing shell structure and substantial roadside presence.

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24 Acres of Farmland
24 Acres of Farmland

1622 SANFORD Rd, Covington, TN 38019

$204,000
24.00 AC lot

24 acres of farmland in Tipton County for sale.

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Agricultural Land with Road Frontage
Agricultural Land with Road Frontage

E HWY 54, Covington, TN 38019

$465,000
39.80 AC lot

Approximately 39.8 acres of agricultural-zoned land with about 3,000 feet of road frontage on Highway 54.

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Covington Shopping Center Retail Opportunity
Covington Shopping Center Retail Opportunity

975 Highway 51 South Covington, TN, Covington, TN 38019

Contact for pricing
72,554 sqft 11.44 AC lot

72,000 SF three-tenant shopping center with development potential.

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Commercial Land in Growing Area
Commercial Land in Growing Area

HWY 51 lot: 1C, Covington, TN 38019

$430,000
2.75 AC lot

Commercial land available in a growing area near Highway 51.

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Vacant Corner Land for Development
Vacant Corner Land for Development

513 GARLAND Ave, Covington, TN 38019

$374,000
2.85 AC lot

Two vacant lots with frontage extending to a Garland Avenue corner, suitable for new business development.

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Recently Renovated Retail Space
Recently Renovated Retail Space

802 Hwy 51 S, Covington, TN 38019

Contact for pricing
2,811 sqft

Recently renovated retail space offered for sale in the Memphis MSA.

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Covington, TN Land For Sale
Covington, TN Land For Sale

1186 HWY 51, Covington, TN 38019

$625,000
4.00 AC lot

Corner lot with road frontage in high traffic area.

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Land For Sale in Covington
Land For Sale in Covington

N MUNFORD St, Covington, TN 38019

Contact for pricing
0.14 AC lot

Commercial land available in Covington, Tennessee.

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126,585 SF Industrial Facility
126,585 SF Industrial Facility

190 Mill Rd, Covington, TN

Contact for pricing
126,585 sqft 4.47 AC lot

Industrial facility on 16.48 acres in Covington, TN.

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Covington, TN Land For Sale
Covington, TN Land For Sale

N MUNFORD St, Covington, TN 38019

Contact for pricing
0.12 AC lot

Land parcel available in Covington, Tennessee.

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Family Farm with Grain Silos
Family Farm with Grain Silos

3920 Antioch Highway 51 Rd, Covington, TN 38019

$3,500,000

Family farm with a barn, three grain silos, fencing, drainage, and a well supplying underground water to cattle.

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Highway Commercial Land For Sale
Highway Commercial Land For Sale

110 Holly Grove Rd. |, Covington, TN 38019

Contact for pricing

Located on U.S. Highway 51 near major retailers.

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Medical Building with Exam Rooms
Medical Building with Exam Rooms

1721 Highway 51 S, Covington, TN 38019

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Medical building featuring multiple exam rooms and dedicated parking.

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Renovated Restaurant with Commercial Kitchen
Renovated Restaurant with Commercial Kitchen

511 E Liberty Ave, Covington, TN 38019

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Well-established restaurant property featuring a renovated commercial kitchen and updated core building systems.

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Commercial Building in Covington, TN
Commercial Building in Covington, TN

217 US-51, Covington, TN

Contact for pricing
7,154 sqft 0.36 AC lot

Commercial building and business for sale near Ford Blue Oval.

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Vacant Commercial Land Corner Lots
Vacant Commercial Land Corner Lots

513 Garland Avenue, Covington, TN 38019

$375,000

Two vacant lots extend along Garland Ave and S. High to the corner of Hwy 51 and Garland.

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Commercial Land with Corner Road Frontage
Commercial Land with Corner Road Frontage

1186 Highway 51, Covington, TN 38019

$625,000

Corner commercial land on Hwy 51 N with additional road frontage on James Street, sold with an AS-IS building.

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Economy Hotel Tennessee Portfolio
Economy Hotel Tennessee Portfolio

112 US-51, Covington, TN 38019

Contact for pricing
149,512 sqft

Two unencumbered economy hotels in Tennessee, totaling 175 guestrooms.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 23 Active Listings in Covington, TN, we suggest to view alternatives - similar 49 Off-Market properties to explore as potential leads.

Off-Market Properties in Covington, TN

Consider similar Off-Market properties in Covington, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

250 Witherington Dr
WAREHOUSE, STORAGE

250 Witherington Dr, Covington, TN 38019-4263

Value Estimation by Request
48,000 sqft 25.00 AC lot
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Covington, TN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Covington, TN, showcased through 23 active listings on our real estate platform. These investment opportunities span a total of 391,142 square feet of properties for sale, with an estimated market value of $12,337,000.

Sale prices for business properties in Covington, TN start at $204,000, averaging $1,028,083, and reaching up to $3,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 16K
Population Growth (5Y) -1.5%
Median Household Income $59,957
College Educated 20.2%

High-Yield Neighborhoods for Investment

Identify Covington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
38019 $881.2K

Taxes & Financing

Tax Rate (average for all types) 2.97%
Property Tax per SF $59.62 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Tipton County

New Delisted

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