1618 US-51 K Covington TN 38019

Commercial Advisors is pleased to present this 55.82 acre parcel in Covington, TN. The site is located just across from Walmart and The Home Depot and is surrounded by other retailers and businesses.

• Land Size: 55.82 acres

• Asking Price: $837,300 ($15,000 per acre)

Don’t miss this exceptional opportunity to acquire a strategically located parcel of commercial land just seconds from Highway 51 in Covington, Tennessee.

Positioned at the corner of Mueller Brass Road and S College St, this site offers outstanding visibility and easy access, making it ideal for a wide range of commercial uses. Adjacent property is the large Mallard Cove apartment complex. To the west, there is a large, mini storage facility. Minutes from the newly built Covington Middle School and Covington Elementary School. Surrounded by established businesses and a strong residential base, the property benefits from steady traffic and high growth potential.

Exceptional Investment Opportunity on the Historic Covington Square – 7,700+ SF of Prime Commercial Space

Position your business or investment portfolio at the heart of one of West Tennessee’s most promising growth markets. Located directly on the historic Covington Square, this remarkable 2.5-story commercial building offers over 7,700 square feet of versatile space in one of Tipton County’s most visible and high-traffic locations.

With prominent frontage and strong curb appeal, this building is one of the larger and more iconic storefronts in downtown Covington. Its layout includes a main floor retail space, a lower-level space, and an upper-level office—offering flexibility for a variety of business types. Investors and owner-users alike will appreciate the opportunity for multi-tenant occupancy, owner-occupied use with supplemental rental income, or a full buildout for a flagship commercial presence.

The main floor has recently undergone renovations and is ready for customization to suit the needs of your business or tenants.

Why Covington, TN?

With a population of approximately 8,800 residents and growing, Covington is the county seat of Tipton County and a key hub for commerce, government, and culture in the region. The historic Covington Square is known for its charm, walkability, and rich architectural character—drawing visitors and locals alike to shop, dine, and explore its unique offerings.

Just 30 miles from the future home of Ford’s Blue Oval City, Covington is already seeing the ripple effects of the multi-billion-dollar development. As one of the largest automotive manufacturing campuses in the country, Blue Oval City is expected to bring thousands of jobs and new residents to the region—driving housing demand, retail growth, and local economic expansion. Covington’s strategic location and proactive city planning make it well-positioned to benefit from this historic wave of investment.

Key Features:

• Over 7,700 SF of commercial space across 2.5 levels

• Flexible layout ideal for multiple tenants or owner-user

• Recently renovated upper level, ready for customization

• Prime location with visibility and accessibility on Covington Square

• Strong potential for long-term value appreciation

• Walking distance to local shops, restaurants, and government offices

• Located in a designated area for potential incentives and revitalization programs

• Build out availability on the lower level

Don’t miss this rare chance to acquire a legacy property in one of Tennessee’s most dynamic small-town markets. Whether you’re an investor, developer, or business owner, this property offers unmatched potential in a city poised for explosive growth.

Schedule your private showing today and secure your place in Covington’s thriving future.

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NAI Saig Company is proud to present the West Side Shopping Center, a two-building retail portfolio totaling 24,950± square feet on 2.13 acres across two parcels. Currently 66% occupied, the property generates $120,768 in gross annual income, offering investors immediate cash flow with significant value-add potential. Existing tenants are on short-term and month-to-month leases at below-market rental rates, providing an opportunity to increase returns through strategic lease-up and rent adjustments. The property features dedicated, illuminated monument signage and excellent visibility in a high-traffic retail corridor, making it an attractive asset for investors, owner-users, or redevelopment opportunities.

ZONED B-2 Commercial Do not miss this wonderful opportunity to own a piece of Tipton County history. This historic property is conveniently located off Highway 51 and offers a wonderful investment opportunity for those looking to capitalize in the growing City of Covington. The home spans nearly 2,400 square feet while the shop is nearly 2,700 square feet.

Don’t miss this exceptional opportunity to acquire a strategically located parcel of commercial land just seconds from Highway 51 in Covington, Tennessee.​

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  Positioned along Mueller Brass Road, this site offers outstanding visibility and easy access, making it ideal for a wide range of commercial uses.​

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  Surrounded by established businesses and a strong residential base, the property benefits from steady traffic and high growth potential.​

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  Zoned B2

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  Located less than 30 minutes from Ford’s Blue Oval City

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  Tipton County Parcel ID: 050 040.07