Covington, TN
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    Covington, TN Shopping Centers for Sale

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    Henning, TN Brighton, TN Burlison, TN
    Covington Shopping Center Retail Opportunity
    $5,149,928
    72,554 SF
    Covington Shopping Center Retail Opportunity

    975 Highway 51 South Covington, TN, Covington, TN 38019

    72,000 SF three-tenant shopping center with development potential.
    • High‑visibility location on Highway 51 with over 26,000 vehicles per day.
    • Value‑add opportunity to develop an additional +/- 0.67‑acre pad site for approximately 5,100 SF of retail space.
    • Located in the heart of the retail corridor, surrounded by national retailers.
    • Robust parking field with 499 stalls.
    • Located in Covington, TN, the county seat of Tipton County, approximately 35 miles north of downtown Memphis.
    Updated: May 11
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Covington, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Brownsville Retail Investment Opportunity
    $1,500,000
    14,196 SF
    Brownsville Retail Investment Opportunity

    Commercial property with 12 units, anchored by Domino's Pizza.

    251 W Main Street, Brownsville, TN 38012

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    Brownsville Retail Shopping Center Opportunity
    $4,162,500
    81,570 SF
    Brownsville Retail Shopping Center Opportunity

    81,570 SF retail center with value-add potential in Brownsville.

    323 E Main St, Brownsville, TN 38012

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    Millington Mixed-Use Community Retail Space
    Contact for pricing
    30,000 SF
    Millington Mixed-Use Community Retail Space

    Retail and hotel opportunities in Millington's first mixed-use community.

    7838 W Navy Cir, Millington, TN

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    Millington Mixed-Use Development Opportunity
    Contact for pricing
    Millington Mixed-Use Development Opportunity

    Proposed mixed-use development with retail, hotel, and office opportunities.

    Navy Rd, Millington, TN 38053

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Arlington Land on Highway 70
    $155,200
    0.95 Acres
    Arlington Land on Highway 70

    0.95 acre lot zoned for shopping center use.

    11850 US 70 Hwy, Arlington, TN 38002

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    Arlington Land For Sale
    $283,573
    1.86 Acres
    Arlington Land For Sale

    1.86 acre parcel zoned for shopping center use.

    11819 US 70 Hwy, Arlington, TN 38002

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    Prime Commercial Land Opportunity
    $6,000,000
    80.00 Acres
    Prime Commercial Land Opportunity

    80 acres of B-5 zoned land in Jackson, Tennessee.

    W Interstate 40 Expressway, Jackson, TN 38301

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    Prime Commercial Lot on Highway
    $450,000
    5.00 Acres
    Prime Commercial Lot on Highway

    5-acre commercial lot with highway frontage in high-traffic area.

    45 Hwy Bypass, Three Way, TN 38343

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    Off-Market Properties in Covington, TN

    Consider similar Off-Market properties in Covington, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1603 51
    Lifestyle centers
    32,082 SF Lot: 2.55 Acres
    Value Estimation by Request

    1603 51, Covington, TN 38019

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    Covington, TN Shopping Centers Investment Opportunities Market Analysis

    Explore 2 shopping centers for sale in Covington, TN on our real estate platform. These investment opportunities span a total of 72,554 square feet of properties for sale, with an estimated market value of $5,149,928.

    Sale prices for plazas in Covington, TN start at $5,149,928, averaging $5,149,928, and reaching up to $5,149,928 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 3

    Demographics Overview

    Population 16K
    Population Growth (5Y) -1.5%
    Median Household Income $59,957
    College Educated 20.2%

    High-Yield Neighborhoods for Investment

    Identify Covington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    38019 $5.1M

    Taxes & Financing

    Tax Rate (average for all types) 2.97%
    Property Tax per SF $59.62 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Tipton County

    New Delisted

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