Financial
Distress signals
Property profile

749 Main St Covington, TN 38019

OFF-MARKET
Commercial real estate
Property ID
US80-0517222
8,370 SF 5.01 ac lot Built 2003
Last sale Nov 2024 · $15,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional commercial property presents a rare opportunity in Covington, Tennessee. Situated on approximately 7.14 acres with significant road frontage directly off Highway 51 North, this approximately 8,000 square foot building offers unparalleled visibility and accessibility. Currently configured to accommodate both a construction company and a restaurant, the property's versatility is undeniable. The expansive acreage provides ample space for expansion, parking, and potential future…

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?
$5k
Tax billed · 2022
Assessed value · 2023$154k
Assessed land$63k
Assessed improvement$91k
Effective rate3.20%

Value estimate

· Sep 2026
$270k
$243k – $297k
Submarket $/SF estimate$768k

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 agency14.2
Garden Center10.1
Gym & Fitness9.9

Location

749 Main St Covington, TN 38019-2042
County assessor Recorded deeds · 6 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2425 Rialto, Covington, TN 38019-4234 $450,000 Dec 2025 12,430 SF
785 Ee, Covington, TN 38019-2613 $170,000 Nov 2023 5,250 SF
204 Liberty, Covington, TN 38019-2516 $150,000 Jul 2023 5,950 SF
855 Ee, Covington, TN 38019 $125,000 Oct 2022 7,200 SF
885 Ee, Covington, TN 38019 $137,000 Oct 2022 6,480 SF
950 Hwy 51st N, Covington, TN 38019-1703 $3,850,000 May 2021 14,811 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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