1688 Hwy 51stCovington, TN 38019
- Healthcare properties
- 9,958 SF
Off market
$10,920,400 Estimated
Property Details for 1688 Hwy 51st
- Year built
- 2022
- Construction
- FRAME
- Lot size
- 1.09 AC
- Property size (Sq ft)
- 9,958 SF
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 084050A A 00400
- APU
- 084050AA00400
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,276,187
- 6.5%
- $2,101,096
- 7%
- $1,951,018
-
Comparable approach
- Method
- Valuation
- Relative Method
- $776,326
- Geo Method
- $776,326
-
Alternative Use
- Use
- Valuation
- Residential
- $2,605,359
- Hospitality
- $2,386,495
- Educational
- $1,985,536
- Medical
- $2,053,821
- Retail
- $3,088,611
1688 Hwy 51st, Covington, Tennessee
Location Insight
- City
- Covington
- County
- Tipton
- State
- Tennessee
- Latitude
- 35.5426
- Longitude
- -89.6648
- 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
$9,646
$65,400
$603,080
$668,480
-
$163,500
$1,507,700
$1,671,200
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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