Covington Commercial Site

Vacant Land for Sale
Catylist Listing ID: 29948964
Property Subtypes: Retail
Gross Land Area: 3.24 Acres
Sale Price: $352,836
Unit Price: $108,900 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/18/2019

Overview / Comments

JUST LISTED - High exposure commercial site on the main drag in Covington, Tennessee! Perfectly sandwhiched between the Town Square and Walmart, this is a perfect place for fast food, dollar stores, strip centers and many other commercial uses. Two parcels (1.28 + 1.96 acres +/-). Former concrete plant on one lot. Adjacent lot is vacant. May be purchased together or separate. Pricing reflects combined sale.

Additional Details

Nearest MSA: Memphis
County: Tipton
Taxing Authority: Tipton Co
Tax ID/APN: 084041J A 00400
Zoning: B2
Property Located Between: Next to Regions Bank
Property Visibility: Excellent
Traffic/Vehicle Count: 22,000
Topography: Steep

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,889 10,910 16,937
Median Age: 37.54 36.08 35.79
Households: 1,205 4,153 6,264
The information presented herein is provided as is, without warranty of any kind. Neither Catylist nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.