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Prime Land Across From Walmart

1602 HWY 51 S Covington, TN 38019

Claim this Listing
For Sale
$3,500,000

COMMERCIAL - Covington, TN

Lot size:
1.41 Acres
Added:
Apr 14, 2026
Days on Market:
92
Last Refresh:
Jul 14 at 9:06 am

Property Features for 1602 HWY 51 S

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Lot size
1.41 Acres

Taxes and HOA fees

Tax Annual Amount
1004

Building Details

Year built
1989

Listing agent Lisa Uttz

Listing office MidSouth Residential, LLC 81 Atoka-McLaughlin Rd Ste A, Atoka, TN

Listing date Apr 14, 2026

MLS# 10219239

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 1.41-acre commercial land is located across from Walmart. The property is positioned at a traffic light, offering high visibility and accessibility. According to the listing, this location is suitable for a new restaurant or other business.

Key Highlights

  • Prime land location.
  • Located across from Walmart.
  • Positioned at a traffic light.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Electrical Service Hair Salon Auto Parts Store Nail Salon Spa & Massage Center Garden Center Building Supply HVAC Service Gym & Fitness Center (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Commercial land - 1.41 acres of commercial land across from Walmart.
Where is this commercial land located?
The property is located at 1602 HWY 51 S Covington, TN.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Prime land location.; Located across from Walmart.; Positioned at a traffic light.
Contact an agent
More about this property
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