619 Hwy 51st S Covington, TN 38019-2427
- Retail space
- 11,136 SF
- 0.95 lot acres
Current Use by Public Records
- Retail space
Property Details for 619 Hwy 51st S
- Year built
- 1965
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.95 lot acres
- Property size
- 11,136 SF
- Property type
- Retail space
- APN
- 084041G A 00202
- APU
- 084041GA00202
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $230,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $305,000
- 6.5%
- $310,000
- 7%
- $315,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $320,000
- Geo Method
- $325,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $295,000
- Retail
- $310,000
- Mixed-Use
- $340,000
- Hospitality
- $380,000
- Educational
- $315,000
- Residential Income
- $310,000
- Energy
- $355,000
- Income-Based Land
- $300,000
- Food Service
- $345,000
Location Insight
- Map
- Local Demand
- City
- Covington
- County
- Tipton
- State
- Tennessee
- Longitude
- -89.6535
- Latitude
- 35.5595
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA