Search
Corner Commercial Land with Building
For Sale
$625,000

1186 HWY 51, Covington, TN 38019

Land, Covington, TN

Property SizeContact for details
Lot Size4.00 Acres
Days on Market1181

Property Features for 1186 HWY 51

General Information

Property type Land
Property subtype Other
Zoning Comm
Standard status Active
Lot size 4.00 Acres

Taxes and HOA fees

Tax Annual Amount 3713
Listing Agency: Property Place · Century 21 Real Estate
Listed By: Deborah Watkins · License #210270
Added: Jun 10, 2023 Changed: Aug 26 Last Checked: Sep 2 at 11:06PM
MLS# 10149930

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 4-acre commercial land parcel includes an existing building that will convey in its current AS-IS condition. The property is zoned Comm and occupies a corner position with frontage along Hwy 51 N. and James Street.

Located at 1186 HWY 51 in Covington, Tennessee, the site offers access from two identified roads and combines land area with an existing structure. The property is offered for sale as a commercial land asset with the building included.

Key Highlights

  • 4‑acre commercial land parcel
  • Comm zoning
  • Corner location at Hwy 51 N. and James Street

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Building Supply Garden Center (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

247
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Commercially zoned corner parcel with road frontage on two streets and an existing building conveyed as-is.
Where is this commercial land located?
The property is located at 1186 HWY 51 Covington, TN.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 4‑acre commercial land parcel; Comm zoning; Corner location at Hwy 51 N. and James Street
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message