Financial
Distress signals
Property profile

114 W Liberty Ave Covington, TN 38019

FOR LEASE
Other office properties
Property ID
US80-1725282
19,213 SF 0.17 ac lot Built 1900
Last sale Aug 2015 · $125,000
Trust Owned Owner of record is a trust. 11-yr Hold Held for 11 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of multiple flex, industrial, office, and warehouse spaces arranged as Areas A through L, with the building designed to support leasing either in individual areas or as a combined whole. It includes an additional green space that functions as common outdoor area associated with tenant occupancy. Building circulation is supported by an elevator providing access between the first and second floors for tenant and customer use. Specific space layouts and square-footage figures for each area are provided in an attached document.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$10k
Tax billed · 2022
Assessed value · 2023$325k
Assessed land$9k
Assessed improvement$316k
Effective rate3.01%

Value estimate

· Sep 2026
$125k
$113k – $138k
AI approach$125k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$80/SF
ZIP average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$28 – $149

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 agency15.1
Skin Care Clinic10.0
Gym & Fitness9.9

Location

114 W Liberty Ave Covington, TN 38019
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
133 Pleasant, Covington, TN 38019-2531 $200,000 Jan 2023 9,371 SF
2047 Hwy 51st S, Covington, TN 38019-3631 $1,500,000 Nov 2022 9,000 SF
2043 Hwy 51st S, Covington, TN 38019-3662 $455,000 Oct 2022 12,090 SF
3499 Hwy 51st S, Covington, TN 38019-3653 $2,795,000 Dec 2021 17,625 SF
1688 Hwy 51st S, Covington, TN 38019-3223 $162,500 Jun 2021 9,958 SF
126 Hwy 51st S, Covington, TN 38019-2418 $800,000 Oct 2020 11,084 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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