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Commercial Land in Growing Area
For Sale
$430,000

HWY 51 lot 1C, Covington, TN 38019

LAND - Covington, TN

Lot Size2.75 Acres
Days on Market824

Property Features for HWY 51 lot 1C

General Information

Property type Land
Property subtype Other
Zoning com
Subdivision JACKIE DELASHMIT ETAL
Standard status Active
Lot size 2.75 Acres

Taxes and HOA fees

Tax Annual Amount 502
Listing Agency: Property Place · Century 21 Real Estate
Listed By: Harold Morris
Added: Apr 30, 2024 Changed: May 28 Last Checked: Aug 1 at 2:06AM
MLS# 10196290

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 commercial land is situated in a growing area, offering a prime location for development. The property is located next to a restaurant and a car dealership. The total lot size is 2.75 acres. The land can be divided and sold as separate lots. The lot on the south end is 1.26 acres and is available for $175,000. The other two lots are available for $150,000 each. The property is zoned for commercial use.

Key Highlights

  • Great commercial location in a growing area
  • Next to a restaurant and car dealership
  • Option to purchase lots separately

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

497
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
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land available in a growing area near Highway 51.
Where is this commercial land located?
The property is located at HWY 51 lot 1C Covington, TN.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Great commercial location in a growing area; Next to a restaurant and car dealership; Option to purchase lots separately
More about this property
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