Realmo Analytics

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Property profile

107 Pleasant Ave Covington, TN 38019

FOR SALE
Office Spaces
Property ID
US80-0615287
1,600 SF Built 1940
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Oct 2026
$320k
$288k – $352k
NOI build-up
Gross scheduled income$180k
Vacancy & credit loss−$18k
Operating expenses−$61k
NOI · 18.41% cap applied$101k

Realmo valuation models over county records and 3 qualifying comparable sales.

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
Qualifying comparables3

Cap rate analysis

How does the asset earn?
18.41%
$101k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 agency13.8
Skin Care Clinic9.6
Gym & Fitness9.5

Location

107 Pleasant Ave Covington, TN 38019
County assessor · not on file Recorded deeds · not on file 3 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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
111 Ct W, Covington, TN 38019-2507 $213,000 May 2025 1,936 SF
426 Hwy 51st S, Covington, TN 38019-2424 $175,000 Dec 2024 1,494 SF
130 Liberty, Covington, TN 38019-2510 $190,000 Nov 2024 1,740 SF
720 Sherrod, Covington, TN 38019-3024 $162,000 Apr 2023 1,890 SF
448 Hwy 51st N, Covington, TN 38019-2363 $155,000 Jan 2023 1,698 SF
115 Munford, Covington, TN 38019-2527 $76,000 Mar 2021 1,400 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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