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Property profile & analytics

1721 Tn 51 Hwy Covington, TN 38019

  • Commercial real estate
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for 1721 Tn 51 Hwy

Year built
1989
Property type
Commercial real estate

Description

This exceptional turn-key medical office building presents a unique investment opportunity in Covington, Tennessee. Strategically situated on Highway 51, this property enjoys high visibility and convenient access, being approximately one mile from Baptist Tipton Hospital. The building is ideally suited for a variety of medical uses, offering immediate operational readiness. The sale includes all existing furniture and equipment, eliminating the need for significant upfront capital investment. The interior layout is well-designed and functional, featuring three bathrooms, a welcoming reception/waiting area, three examination rooms, and a spacious central area perfectly adaptable for laboratory equipment or other medical necessities. The building's functionality is further enhanced by a rear, gated parking area, ensuring ample and secure parking for patients and staff. This turnkey solution offers immediate occupancy and the potential for substantial return on investment. The property's prime location and comprehensive features make it an attractive proposition for medical professionals seeking a well-equipped and conveniently located practice. The asking price is $399,000. This is a rare opportunity to acquire a fully operational medical facility in a thriving community.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Covington
County
Tipton
State
Tennessee
Longitude
-89.6688
Latitude
35.5406
More about this property
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