Medical Premises

Covington, TN Medical Office Space for Sale

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Medical Office Building
Updated: May 21
Medical Office Building

1721 Highway 51 S, Covington, TN 38019

$399,000
1.00 AC lot
Brick construction with asphalt roofing and linoleum flooring
Built in 1989 with forced‑air natural gas heating
Includes a large waiting room plus a treatment area with two staff/patient restrooms
4 exam rooms and additional office break room/counseling area
Patient parking in front with staff parking in the rear
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Medical Building with Exam Rooms
Updated: May 22
Medical Building with Exam Rooms

1721 Highway 51 S, Covington, TN 38019

$399,000
Medical building featuring 4 exam rooms
Large waiting room with guest restroom
Includes office break room and counseling area
Two staff/patient restrooms in treatment area
Patient parking in front, staff parking in rear
View details
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Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 2 Active listings in Covington, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 13 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Medical/Dental Building For Sale
Medical/Dental Building For Sale

1203 E College St, Brownsville, TN 38012

$484,000
4,291 sqft

Well-maintained commercial building with operative rooms, ready for new business.

View details
Bartlett Medical/Professional Office Building
Bartlett Medical/Professional Office Building

6570 Stage Rd, Bartlett, TN 38134

$3,600,000
36,550 sqft 1.86 AC lot

Two-story medical/professional office building in Bartlett, Tennessee, for sale.

View details
Medical/General Office Building For Sale
Medical/General Office Building For Sale

6605 Stage Rd, Bartlett, TN 38134

$1,750,000
11,300 sqft

Investment opportunity in Bartlett, TN, suitable for owner-user.

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Medical/Dental Building Ready For Business
Medical/Dental Building Ready For Business

1203 E College St, Brownsville, TN 38012

$484,000
4,149 sqft 1.79 AC lot

Well-maintained commercial building featuring multiple rooms suitable for medical/dental practices.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

CG-MS Zoned Commercial Land
CG-MS Zoned Commercial Land

BARTLETT Blvd, Bartlett, TN 38134

$200,000
1.32 AC lot

Commercial land zoned CG-MS, suitable for medical, office, or other commercial development projects.

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General Business Zoned Commercial Land
General Business Zoned Commercial Land

BARTLETT Blvd, Bartlett, TN 38134

$200,000

General business zoned land on Bartlett Blvd, offering a flexible site for office or commercial development in Bartlett.

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Land with Retention Pond and Barn
Land with Retention Pond and Barn

3515 HACKS CROSS Rd, Memphis, TN 38125

$999,000
7.84 AC lot

Residentially zoned acreage with connected utilities, a stocked retention pond, and a barn, positioned near established commercial uses.

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Pad-Ready Corner Office Lot
Pad-Ready Corner Office Lot

78 Clarington Cove lot: 17, Southaven, MS 38671

$295,000
0.78 AC lot

Corner lot zoned C-4 in the medical district, with utilities available and potential ingress/egress off Clarington drives.

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Off-Market Properties in Covington, TN

Consider similar Off-Market properties in Covington, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

209 Pleasant Ave
MEDICAL BUILDING

209 Pleasant Ave, Covington, TN 38019-2537

Value Estimation by Request
2,781 sqft 0.23 AC lot
View details
720 Sherrod Ave
MEDICAL BUILDING

720 Sherrod Ave, Covington, TN 38019-3024

Value Estimation by Request
1,890 sqft 0.13 AC lot
View details
1688 Hwy 51st S
MEDICAL BUILDING

1688 Hwy 51st S, Covington, TN 38019-3223

Value Estimation by Request
9,958 sqft 1.09 AC lot
View details
115 Munford St
MEDICAL BUILDING

115 Munford St, Covington, TN 38019-2527

Value Estimation by Request
1,400 sqft 0.04 AC lot
View details
728 Sherrod Ave
MEDICAL BUILDING

728 Sherrod Ave, Covington, TN 38019-3024

Value Estimation by Request
3,030 sqft 0.41 AC lot
View details
107 10th Ave
MEDICAL BUILDING

107 10th Ave, Covington, TN 38019-3902

$545,000
Estimated value
3,983 sqft 1.78 AC lot
View details
635 Hwy 51st S
MEDICAL BUILDING

635 Hwy 51st S, Covington, TN 38019-2427

Value Estimation by Request
2,460 sqft 0.26 AC lot
View details
1111 Hwy 51st S
MEDICAL BUILDING

1111 Hwy 51st S, Covington, TN 38019-3236

$530,000
Estimated value
4,111 sqft 1.03 AC lot
View details
1997 Hwy 51st S
MEDICAL BUILDING

1997 Hwy 51st S, Covington, TN 38019-3630

Value Estimation by Request
9,931 sqft 2.20 AC lot
View details
707 Main St
MEDICAL BUILDING

707 Main St, Covington, TN 38019-2825

Value Estimation by Request
3,783 sqft 171.00 AC lot
View details
1995 Hwy 51st S
MEDICAL BUILDING

1995 Hwy 51st S, Covington, TN 38019-3635

$1,170,000
Estimated value
10,413 sqft 2.00 AC lot
View details
1995 Hwy 51st S
MEDICAL BUILDING

1995 Hwy 51st S, Covington, TN 38019-3635

$1,440,000
Estimated value
12,944 sqft 28.80 AC lot
View details
1995 Hwy 51st S
MEDICAL BUILDING

1995 Hwy 51st S, Covington, TN 38019-3635

$2,035,000
Estimated value
19,365 sqft 28.80 AC lot
View details

Covington, TN Medical Office Space Market Trends and Statistics

Explore 15 medical office space for sale in Covington, TN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $798,000.

Sale prices for medical spaces in Covington, TN start at $399,000, averaging $399,000, and reaching up to $399,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Medical Office Space 2
Office Units 1

Demographics Overview

Population 16K
Population Growth (5Y) -1.5%
Median Household Income $59,957
College Educated 20.2%

High-Yield Neighborhoods for Investment

Identify Covington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
38019 $399K

Taxes & Financing

Tax Rate (average for all types) 2.97%
Property Tax per SF $59.62 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Tipton County

New Delisted

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