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    635 Highway 51 Covington, TN 38019

    New
    For Sale
    $329,000

    Commercial - Covington, TN

    Days on Market:
    4
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 635 Highway 51

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Year built
    1966
    Architectural style
    Other

    Midsouth Residential (901) 837-7511 [email protected]

    Listing agent Laurie McClerkin (901) 507-4680

    Listing date Dec 2, 2025

    MLS# 10210678 Listing URL

    Copyright © 2025 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway 51 Commercial Opportunity

    This commercial property on Highway 51 in Covington, Tennessee, presents an opportunity for business ownership. Previously utilized as a dentist and eye doctor's office, the building is suitable for various ventures, including a salon, insurance agency, medical office, or retail space. The layout features two waiting rooms, reception areas, eight exam rooms, two kitchens, and three restrooms. The air conditioning units are one year old. This property offers diverse possibilities for prospective owners.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    Tipton
    State
    Tennessee
    Longitude
    -89.646936
    Latitude
    35.570493

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    FAQs

    What type of property is this?
    Medical office - Versatile commercial building on Highway 51, Covington, Tennessee.
    Where is this medical office located?
    The property is located at 635 Highway 51 Covington, TN.
    What is the asking price?
    The asking price for this property is $329,000.
    What are key features of this property?
    This property features: - Highway 51 frontage in Covington offers **high visibility and accessibility**.; - Versatile commercial space suitable for various businesses (salon, insurance agency, retail, medical office, etc.).; - Includes **8 exam rooms, ideal for medical or professional services**.
    (901) 507-4680
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    635 Highway 51 Covington, TN 38019
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    Covington, TN 38019
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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
    635 Highway 51 Covington, TN 38019
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