Financial
Distress signals
Property profile

215 Hwy 51st S Covington, TN 38019

OFF-MARKET
Retail space
Property ID
US80-1684669
1,456 SF 0.55 ac lot Built 1975
Last sale Dec 2025 · $295,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$1k
Tax billed · 2022
Assessed value · 2023$42k
Assessed land$24k
Assessed improvement$18k
Effective rate3.19%

Value estimate

· Sep 2026
$265k
$239k – $292k
AI approach$295k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$59/SF
ZIP average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$28 – $94
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionTIPTON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.8
Gym & Fitness12.0
Skin Care Clinic11.6

Location

215 Hwy 51st S Covington, TN 38019-2419
County assessor Recorded deeds · 4 transfers 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
113 Ct W, Covington, TN 38019-2507 $73,000 Feb 2026 1,105 SF
3399 Hwy 51st S, Covington, TN 38019-3651 $3,000,000 Dec 2025 1,260 SF
1704 Hwy 51st S, Covington, TN 38019-3621 $40,800 Aug 2024 1,313 SF
101 Hwy 51st S, Covington, TN 38019-2417 $140,000 Mar 2024 1,510 SF
128 Liberty, Covington, TN 38019-2510 $200,000 Mar 2024 1,680 SF
955 Hwy 51st N, Covington, TN 38019-1702 $1,100,000 Feb 2024 1,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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