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: 8/31/2017

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
Zoning: B2
Property Located Between: Next to Regions Bank
Property Visibility: Excellent
Traffic/Vehicle Count: 22,000
Topography: Steep

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
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