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    Covington, TN
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    Covington, TN Healthcare Properties for Sale

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    Medical Office with Exam Rooms
    Updated: May 21
    Medical Office with Exam Rooms

    1721 Highway 51 S, Covington, TN 38019

    $399,000
    1.00 AC lot
    Four exam rooms with counseling and treatment areas
    Separate front patient parking and rear staff parking
    Spacious waiting room with guest restroom
    Two additional staff or patient restrooms in the treatment area
    1989 brick building on a 1‑acre site
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 1 Active listings in Covington, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 16 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Four-Unit Retail Property
    Four-Unit Retail Property

    1125 E College Street, Brownsville, TN 38012

    $200,000
    5,861 sqft

    Multi-unit commercial building with central heating, central air conditioning, public water, and public sewer service.

    View details
    Pediatric Medical Center
    Pediatric Medical Center

    2860 Covington Pike, Memphis, TN 38128

    $3,573,863
    19,550 sqft

    Established pediatric practice serving Memphis-area children and adolescents from a medical center built in 1997.

    View details
    Salon Property with Booths
    Salon Property with Booths

    5501 WINCHESTER Rd, Memphis, TN 38115

    $41,000

    Two beauticians currently pay booth rent at the salon.

    View details
    Medical Office Building with Procedure Rooms
    Medical Office Building with Procedure Rooms

    1203 E College St, Brownsville, TN 38012

    $484,000
    4,291 sqft 1.79 AC lot

    Purpose-built healthcare facility with multiple treatment rooms, private offices, and patient-oriented common areas.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    72.72 Acres in Brownsville, TN
    72.72 Acres in Brownsville, TN

    N Washington Avenue, Brownsville, TN 38012

    $890,000
    72.72 AC lot

    Large parcel in high-traffic area with utilities and hospital proximity.

    View details

    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.

    765 Bert Johnston Ave
    HOMES (RETIRED, NURSING)

    765 Bert Johnston Ave, Covington, TN 38019-2414

    $3,100,000
    Estimated value
    32,531 sqft 4.44 AC lot
    View details
    209 Pleasant Ave
    MEDICAL BUILDING

    209 Pleasant Ave, Covington, TN 38019-2537

    Value Estimation by Request
    2,781 sqft 0.23 AC lot
    View details
    720 Sherrod Ave
    MEDICAL BUILDING

    720 Sherrod Ave, Covington, TN 38019-3024

    $180,000
    Estimated value
    1,890 sqft 0.13 AC lot
    View details
    1688 Hwy 51st S
    MEDICAL BUILDING

    1688 Hwy 51st S, Covington, TN 38019-3223

    $170,000
    Estimated value
    9,958 sqft 1.09 AC lot
    View details
    115 Munford St
    MEDICAL BUILDING

    115 Munford St, Covington, TN 38019-2527

    $80,000
    Estimated value
    1,400 sqft 0.04 AC lot
    View details
    728 Sherrod Ave
    MEDICAL BUILDING

    728 Sherrod Ave, Covington, TN 38019-3024

    $310,000
    Estimated value
    3,030 sqft 0.41 AC lot
    View details
    107 10th Ave
    MEDICAL BUILDING

    107 10th Ave, Covington, TN 38019-3902

    $355,000
    Estimated value
    3,983 sqft 1.78 AC lot
    View details
    635 Hwy 51st S
    MEDICAL BUILDING

    635 Hwy 51st S, Covington, TN 38019-2427

    $290,000
    Estimated value
    2,460 sqft 0.26 AC lot
    View details
    1992 Hwy 51st S
    HOMES (RETIRED, NURSING)

    1992 Hwy 51st S, Covington, TN 38019-3623

    $890,000
    Estimated value
    50,476 sqft 5.75 AC lot
    View details
    1111 Hwy 51st S
    MEDICAL BUILDING

    1111 Hwy 51st S, Covington, TN 38019-3236

    $300,000
    Estimated value
    4,111 sqft 1.03 AC lot
    View details
    1997 Hwy 51st S
    MEDICAL BUILDING

    1997 Hwy 51st S, Covington, TN 38019-3630

    $450,000
    Estimated value
    9,931 sqft 2.20 AC lot
    View details
    707 Main St
    MEDICAL BUILDING

    707 Main St, Covington, TN 38019-2825

    $250,000
    Estimated value
    3,783 sqft 171.00 AC lot
    View details
    1995 Hwy 51st S
    MEDICAL BUILDING

    1995 Hwy 51st S, Covington, TN 38019-3635

    $410,000
    Estimated value
    10,413 sqft 2.00 AC lot
    View details
    1995 Hwy 51st S
    MEDICAL BUILDING

    1995 Hwy 51st S, Covington, TN 38019-3635

    $485,000
    Estimated value
    12,944 sqft 28.80 AC lot
    View details
    1995 Hwy 51st S
    MEDICAL BUILDING

    1995 Hwy 51st S, Covington, TN 38019-3635

    $480,000
    Estimated value
    19,365 sqft 28.80 AC lot
    View details
    805 Bert Johnston Ave
    HOMES (RETIRED, NURSING)

    805 Bert Johnston Ave, Covington, TN 38019-2444

    $365,000
    Estimated value
    10,756 sqft 1.52 AC lot
    View details

    Covington, TN Healthcare Properties Market Trends and Statistics

    Explore 17 healthcare properties for sale in Covington, TN on our real estate platform.

    Sale prices for medical real estate in Covington, TN average $399,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Medical centers 1

    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 $399K

    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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