2974 Covington Pike Memphis, TN 38128
Property Lookup
Property profile & analytics
2974 Covington Pike Memphis, TN 38128
- Strip malls
- 37,121 SF
- 4.40 lot acres
Property ID
US80-3294977
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- J R Fish & Chicken / Restaurant
- Captain JJ Fish & Chicken / Restaurant
Property Details for 2974 Covington Pike
- Year built
- 1987
- Lot size
- 4.40 lot acres
- Property size
- 37,121 SF
- Zone code
- CMU-2
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 088-012- - -00141-C
- APU
- 08801200141C
Description
This exceptional 570-square-foot retail or restaurant space is ideally situated at the corner of Covington Pike and Stage Road in Memphis, Tennessee. Located in Shelby County, this single-tenant property offers a fantastic opportunity for a variety of businesses. The building's entire 570 square feet is currently vacant, providing immediate occupancy for a new tenant. The property's "outparcel" designation suggests convenient access and high visibility from the street. Its location at a major intersection ensures significant foot and vehicle traffic, making it an attractive location for businesses seeking high exposure. The property is classified as both retail and restaurant-suitable, indicating its versatility and potential to accommodate a range of commercial uses. The address is 2974 Covington Pike, Memphis, TN 38128. This prime location presents a unique chance to establish a thriving business in a high-traffic area. The property's size makes it suitable for a smaller-scale operation or a satellite location for an existing business. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial property. The property is ready for immediate occupancy.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,692,000
Market price range: $1.18M - $4.94M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $2,725,000 Current use
- MEDICAL BUILDING
- $5,310,000 Change: +95% Conversion: Difficult
- OFFICE BUILDING
- $4,430,000 Change: +62% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $3,600,000 Change: +32% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $3,300,000 Change: +21% Conversion: Difficult
- RETAIL STORES
- $3,080,000 Change: +13% Conversion: Easy
- COMMERCIAL (GENERAL)
- $2,245,000 Change: -18% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.8937
- Latitude
- 35.2058
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$83,531
$287,760
$1,083,480
$1,371,240
-
$719,400
$2,708,700
$3,428,100
