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126,585 SF Industrial Facility
For Sale
$2,500,000

190 Mill Rd, Covington, TN 38019

Industrial facility on 16.48 acres in Covington, TN.

Property Size126,585 SF
Price / SF$19.75
Days on Market295

Property Features for 190 Mill Rd

General Information

Standard status Active
Size 126,585 SF
Class B
Property subtype industrial
Listing Agency: Memphis
Listed By: Matt Denny · License #343449
Source: Property.jll
Added: Nov 24, 2025 Changed: Sep 13 Last Checked: Sep 14 at 5:10AM

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 Memphis

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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).

Property Analytics

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Current Use

R&R Solutions Business To Business Service

Suggested Use

Top Pick Real Estate Agency Hair Salon Restaurant Skin Care Clinic Furniture & Home Goods (Bike/Boat/Book/etc) 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

95
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

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).
More about this property
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