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    190 Mill Rd Covington, TN 38019

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    For Sale
    $2,500,000

    Industrial facility on 16.48 acres in Covington, TN.

    Property size:
    126,585 SF
    Lot size:
    4.47 Acres

    Property Features for 190 Mill Rd

    General Information

    Size
    126,585 SF
    Lot size
    4.47 Acres

    Source: JLL | Memphis Agent Matt Denny

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    126,585 SF Industrial Facility

    A 126,585 square foot industrial facility is available for sale in Covington, Tennessee, situated on 16.48 acres. The property is located at 190 Mill Road in the Tipton County submarket. This property presents a value-add opportunity for an owner/user or investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    R&R Solutions Business To Business Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    Tipton
    State
    Tennessee
    Longitude
    -89.644875
    Latitude
    35.54947

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    FAQs

    What type of property is this?
    Warehouse - Industrial facility on 16.48 acres in Covington, TN.
    Where is this warehouse located?
    The property is located at 190 Mill Rd Covington, TN.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - 126,585 SF industrial facility, ideal for a variety of uses.; - Situated on a spacious 16.48 acres.; - Located in Covington, TN (Tipton County submarket).
    (901) 261-2600
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    190 Mill Rd 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
    190 Mill Rd Covington, TN 38019
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