1995 Hwy 51stCovington, TN 38019

  • Healthcare properties
  • 12,944 SF
Off market

Property Details for 1995 Hwy 51st

Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
28.80 AC
Property size (Sq ft)
12,944 SF
Property type
Healthcare properties
Property subtype
Medical offices
APN
084051E A 00300 003
APU
084051EA00300003

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,958,723
    6.5%
    $2,731,129
    7%
    $2,536,048
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,009,114
    Geo Method
    $1,009,114
  • Alternative Use

    Use
    Valuation
    Residential
    $3,386,600
    Hospitality
    $3,102,108
    Educational
    $2,580,917
    Medical
    $2,669,679
    Retail
    $4,014,760
1995 Hwy 51st, Covington, Tennessee

Location Insight

City
Covington
County
Tipton
State
Tennessee
Latitude
35.5359
Longitude
-89.6782
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
$13,939
$28,800
$423,720
$452,520
-
$72,000
$1,059,300
$1,131,300

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