Listing Agency: Property Place Show Phone

Listed By: Deborah Watkins · License #210270 Show Phone

Source: Exitrealty

Added: Dec 7, 2023 Changed: Sep 2 Last Checked: Sep 2 at 4:33PM

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Investment Insights

Based on property information with market context.

This commercial land offering comprises two vacant lots in Covington, with the tract extending around the intersection of Hwy 51, Garland Avenue, and S. High. The property includes the site associated with 513 Garland Ave., where the prior house has been removed. The assemblage continues along Garland Avenue and reaches behind homes on Terrace Drive. The parcel at 505 Garland Ave. is excluded.

Key Highlights

• Two vacant lots included in the offering
• Land extends around Hwy 51, Garland Avenue, and S. High
• Former house at 513 Garland Ave. has been removed

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Gym & Fitness Center Garden Center Kitchen & Bath Showroom (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

485

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Two vacant lots assembled at a prominent intersection offer a commercial land opportunity.

Where is this commercial land located?

The property is located at 513 GARLAND AVE Covington, TN.

What is the asking price?

The asking price for this property is $375,000.

What are key features of this property?

This property features: Two vacant lots included in the offering; Land extends around Hwy 51, Garland Avenue, and S. High; Former house at 513 Garland Ave. has been removed