Medical Premises

Covington, TN Medical Office Space for Sale

Notify Me
List
Map
Mason, TN Henning, TN Brighton, TN Ripley, TN Burlison, TN Atoka, TN Stanton, TN Munford, TN
Medical Office with Exam Rooms
Updated: May 21
Medical Office with Exam Rooms

1721 Highway 51 S, Covington, TN 38019

$399,000
1.00 AC lot
Four exam rooms plus counseling and treatment areas
Large waiting room with guest restroom
Two additional staff/patient restrooms in treatment area
Front patient parking with separate rear staff parking
1‑acre medical office property at 1721 Highway 51 S
View details
Mixed-Use Building with Penthouse
Updated: Aug 16
Mixed-Use Building with Penthouse

107 /109 Pleasant Ave, Covington, TN 38019

$550,000
10,000 sqft
Approximately 10,000 +/- total SF across three distinct spaces
Approximately 2,000 SF retail area with full basement storage and mezzanine office
Approximately 2,000 SF office / medical area with reception, private rooms, and 2 baths
Approximately 5,000 SF second‑floor penthouse
Penthouse includes 12‑ft ceilings, exposed brick, and original hardwoods
View details
Medical Building with Exam Rooms
Medical Building with Exam Rooms

1721 Highway 51 S, Covington, TN 38019

$399,000
2,000 sqft

Medical building featuring multiple exam rooms and dedicated parking.

View details
Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Medical Office Building
Medical Office Building

115 MUNFORD S ST, Covington, TN 38019

$134,900

Medical zoning supports a professional-service setting in a 1938 commercial building.

View details
Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 4 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 2 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 Office with Imaging
Medical Office with Imaging

608 W Lee, Osceola, AR 72370

Contact for pricing

Large medical office features 22 exam rooms, lab, full X-ray equipment, and 8 bathrooms with a recently replaced roof.

View details
Medical Office Building with Procedure Rooms
Medical Office Building with Procedure Rooms

1203 E College St, Brownsville, TN 38012

$484,000
4,291 sqft 1.79 AC lot

Purpose-built healthcare facility with multiple treatment rooms, private offices, and patient-oriented common areas.

View details
Medical Office for Sale
Medical Office for Sale

515 W Lee, Osceola, AR 72370

Contact for pricing

For-sale medical office; dental equipment does not stay with the real estate.

View details
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 Commercial Land
CG-MS Commercial Land

BARTLETT Blvd, Bartlett, TN 38134

$200,000
1.32 AC lot

Commercial land along Bartlett Blvd with CG-MS zoning for supported development uses.

View details
CG-MS Commercial Land
CG-MS Commercial Land

BARTLETT Blvd, Bartlett, TN 38134

$200,000

The parcel carries general business zoning for commercial land use.

View details

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

$180,000
Estimated value
1,890 sqft 0.13 AC lot
View details
1688 Hwy 51st S
MEDICAL BUILDING

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

$170,000
Estimated value
9,958 sqft 1.09 AC lot
View details
115 Munford St
MEDICAL BUILDING

115 Munford St, Covington, TN 38019-2527

$80,000
Estimated value
1,400 sqft 0.04 AC lot
View details
728 Sherrod Ave
MEDICAL BUILDING

728 Sherrod Ave, Covington, TN 38019-3024

$310,000
Estimated value
3,030 sqft 0.41 AC lot
View details
107 10th Ave
MEDICAL BUILDING

107 10th Ave, Covington, TN 38019-3902

$355,000
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

$290,000
Estimated value
2,460 sqft 0.26 AC lot
View details
1111 Hwy 51st S
MEDICAL BUILDING

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

$300,000
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

$450,000
Estimated value
9,931 sqft 2.20 AC lot
View details
707 Main St
MEDICAL BUILDING

707 Main St, Covington, TN 38019-2825

$250,000
Estimated value
3,783 sqft 171.00 AC lot
View details
1995 Hwy 51st S
MEDICAL BUILDING

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

$410,000
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

$485,000
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

$480,000
Estimated value
19,365 sqft 28.80 AC lot
View details

Covington, TN Medical Office Space Market Trends and Statistics

Explore 17 medical office space for sale in Covington, TN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 12,000 square feet of properties for sale, with an estimated market value of $1,482,900.

Sale prices for medical spaces in Covington, TN start at $134,900, averaging $370,725, and reaching up to $550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Medical Office Space 4
Office Units 4

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 $370.7K

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

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings