1111 Hwy 51stCovington, TN 38019

  • Healthcare properties
  • 4,111 SF
Off market
$10,319,410 Estimated

Property Details for 1111 Hwy 51st

Year built
1974
Lot size
1.03 AC
Property size (Sq ft)
4,111 SF
Property type
Healthcare properties
Property subtype
Medical offices
APN
084041J A 00500
APU
084041JA00500

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $939,687
    6.5%
    $867,404
    7%
    $805,446
  • Comparable approach

    Method
    Valuation
    Relative Method
    $320,494
    Geo Method
    $320,494
  • Alternative Use

    Use
    Valuation
    Residential
    $1,075,580
    Hospitality
    $985,226
    Educational
    $819,696
    Medical
    $847,887
    Retail
    $1,275,083
1111 Hwy 51st, Covington, Tennessee

Location Insight

City
Covington
County
Tipton
State
Tennessee
Latitude
35.5514
Longitude
-89.658
CBSA code
32820
CBSA name
MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$5,945
$59,760
$131,280
$191,040
-
$149,400
$328,200
$477,600

FAQs

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