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Level Residential Home Lot
For Sale
$48,000
Pending

1 OIL MILL RD, Covington, TN 38019

Level lot ready for development with preliminary soil maps completed and no address assigned yet.

Property SizeContact for details
Days on Market536

Property Features for 1 OIL MILL RD

General Information

Standard status Pending
Property subtype Lots/Land
Listing Agency: Covington Realty & Auction LLC
Listed By: Ali C Spoon · License #363231
Source: Exitrealty
Added: Mar 13, 2025 Changed: Aug 8 Last Checked: Aug 29 at 6:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Covington Realty & Auction LLC

Investment Insights

Based on property information with market context.

This residential home lot is level and ready for a future build. Preliminary soil maps have been completed, and the property is being offered for buyers who want to bring their own plans to the site.

The listing notes a rural setting while still being close to town for convenience. There is currently no address assigned to the property, and “1 Oil Mill” is referenced for advertising purposes only.

Key Highlights

  • Level lot ready for development with no address assigned yet
  • Preliminary soil maps have been completed
  • Rural setting with convenient proximity to town

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Storage Facility HVAC Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

93
Businesses Nearby

Demographics for 38019, TN

15,129
Population
6,543
Households
2.3
Avg Household Size
40
Median Age
15%
College-Educated
88%
High-School Grad
140.6 sq mi
ZIP Area
108
Density / Sq Mi
$59,957
Median Household Income
$38,118
Median Earnings
$912
Median Rent
$195,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Level lot ready for development with preliminary soil maps completed and no address assigned yet.
Where is this residential land & home lot located?
The property is located at 1 OIL MILL RD Covington, TN.
What is the asking price?
The asking price for this property is $48,000.
What are key features of this property?
This property features: Level lot ready for development with no address assigned yet; Preliminary soil maps have been completed; Rural setting with convenient proximity to town
More about this property
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