Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    715 Main St Covington, TN 38019-2042

    • Retail space
    • 10,725 SF
    • 1.20 lot acres
    OFF-MARKET
    Value Estimation
    $190,000
    Last Sale
    Aug 04, 2021
    $210,000
    Location Intelligence
    Property ID
    US80-0983106
    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.

    Current Use by Public Records

    • Sears Appliance Repair / Washer & Dryer Repair Service / Appliance Repair Service
    • Discount Home Solutions Inc / Home Improvement Store

    Property Details for 715 Main St

    Year built
    1995
    Construction
    FRAME
    Lot size
    1.20 lot acres
    Property size
    10,725 SF
    Property type
    Retail space
    APN
    084025K A 00400
    APU
    084025KA00400

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $180,000

    • CAP approach

      CAP return
      Estimation
      6%
      $195,000
      6.5%
      $190,000
      7%
      $165,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $205,000
      Geo Method
      $185,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $190,000
      Retail
      $180,000
      Mixed-Use
      $210,000
      Hospitality
      $170,000
      Educational
      $190,000
      Residential Income
      $195,000
      Energy
      $155,000
      Income-Based Land
      $200,000
      Food Service
      $205,000

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    Tipton
    State
    Tennessee
    Longitude
    -89.647
    Latitude
    35.5719
    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
    $5,617
    $45,000
    $135,040
    $180,040
    -
    $112,500
    $337,600
    $450,100

    Comparable in this City

    • Value Estimation by Request
      1,620 SF

      3515 Holly Grv Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,620 SF
      3515 Holly Grv Rd, Covington, TN 38019-5729
      View Details
    • Value Estimation by Request
      1,550 SF

      118 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,550 SF
      118 Main St, Covington, TN 38019-2102
      View Details
    • Value Estimation by Request
      3,360 SF

      1289 Millstone Mtn Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,360 SF
      1289 Millstone Mtn Rd, Covington, TN 38019-4049
      View Details
    • Value Estimation by Request
      1,760 SF

      825 Peeler Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,760 SF
      825 Peeler Rd, Covington, TN 38019-1942
      View Details
    • Value Estimation by Request
      3,700 SF

      4464 Bride Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,700 SF
      4464 Bride Rd, Covington, TN 38019-6142
      View Details
    • Value Estimation by Request
      777 SF

      1035 Hwy 51st S

      RETAIL STORES (PERSONAL SERVICES) • 777 SF
      1035 Hwy 51st S, Covington, TN 38019-3236
      View Details

    Similar Nearby for Sale

    • $1,152,000

      Retail Property Near Blue Oval

      Retail space with long-term lease and high-traffic location.
      416 S 51, Covington, TN 38019
      View Details
    • New
      $329,000

      Highway 51 Commercial Opportunity

      Versatile commercial building on Highway 51, Covington, Tennessee.
      635 Highway 51, Covington, TN 38019
      View Details
    • $187,500

      Commercial Property in Covington, TN

      Commercial building with new HVAC, alarm system, and parking.
      1031 Highway 51, Covington, TN 38019
      View Details
    • $255,000

      Remodeled Office Space in Covington

      Completely remodeled office space suitable for various businesses.
      111 Washington Ave, Covington, TN 38019
      View Details
    • $1,325,000
      24,950 SF

      Retail Portfolio in Covington, TN

      Two-building retail portfolio with value-add potential in Covington, TN.
      919 Highway 51 S, Covington, TN 38019
      View Details
    • $425,000
      6,375 SF

      Retail Property on Highway 51

      Multitenant retail property with high visibility and ample parking.
      51 U.s North, Covington, TN 38019
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Opportunity Near Ford Plant

      Retail spaces and drive-thru opportunity near Ford BlueOval City.
      887 Highway 51 S, Covington, TN 38019
      View Details
    • Contact for pricing
      1,500 SF

      Covington Retail Space - Highway 51

      Prime Retail Space, 1500 sq ft, Covington, TN
      1618 Highway 51, Covington, TN 38019
      View Details
    • Contact for pricing
      17,466 SF

      Covington Retail Outparcel - Hwy 51

      Prime Hwy 51 Retail, Drive-Thru Available
      881 Highway 51, Covington, TN 38019
      View Details
    • $14 SF/Yr
      2,776 SF

      Covington Restaurant - Hwy 51 N

      Prime Covington Restaurant Space. High-traffic location.
      829 Us-51, Covington, TN 38019
      View Details
    • Contact for pricing
      34,380 SF

      Renovated Retail Space Available

      Renovated retail space with strong co-tenancy and high visibility.
      975 Highway 51 N, Covington, TN 38019
      View Details
    • Contact for pricing
      186,240 SF

      Newly Rebuilt Industrial Property

      Recently rebuilt industrial property with new office space for lease.
      1 Delfield Dr, Covington, TN 38019
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    715 Main St
    Covington, TN 38019-2042
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.