0 Antioch Hwy 51 Rd Unit RTC2980495 Unincorporated, TN 38019
Estimated payment $36,369/month
Highlights
- 300 Acre Lot
- 100 Acres of Pasture
- No Heating
- No HOA
- Lot Has A Rolling Slope
About This Lot
Located less than half a mile from the Covington city limits, this 300± acre tract offers a highly strategic position along Highway 51, one of West Tennessee’s primary transportation corridors. With four-sided road frontage and access to key utilities—including fiber, city water, and sewage located just 1⁄2 mile from the property—it is well suited for future development. The site lies approximately two miles from the Covington Industrial Park, home to major employers such as Unilever, United States Cold Storage, CSC Sugar, GreenPoint AG, and NAPA Auto Parts. Nearby, Charms LLC recently announced a $97.7 million expansion, underscoring the region’s strong and ongoing industrial growth. Regional infrastructure continues to evolve at a rapid pace. The planned I-69 corridor is set to run adjacent to Highway 51, with two proposed interchanges—one at the industrial park and another near Highway 59—that will further enhance accessibility. Highway 179 to the east will provide a direct link to Ford’s BlueOval City, located less than 17 miles away. In addition, the property benefits from proximity to CSX rail lines and the Covington Municipal Airport, adding multimodal connectivity. Ongoing and planned developments in Covington include new housing subdivisions such as “Oak Rowe,” active annexation discussions, and city-county collaboration on expanded housing and transportation networks. Highway 14, connecting Covington directly to Memphis, is on track to be fully upgraded to a four-lane divided highway by summer 2026, offering streamlined access from I-269. Further bolstering the region’s prospects, Turner Construction was recently awarded $123 million for new construction and renovations at the Tennessee College of Applied Technology in Covington—an investment designed to expand and strengthen the area’s skilled workforce pipeline. This property sits at the crossroads of workforce access, industrial momentum, offering long-term potential for a range of development strategies.
Listing Agent
The Wings Group, LLC Brokerage Phone: 4239039137 License #377018 Listed on: 08/25/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,800
Lot Details
- 300 Acre Lot
- Property fronts a state road
- Lot Has A Rolling Slope
- Property is zoned Farm
Schools
- Crestview Elementary School
- Crestview Middle School
- Covington High School
Additional Features
- Property has 3 Levels
- 100 Acres of Pasture
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 019 00200 000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/25/2025 08/25/25 | For Sale | $6,800,000 | -- | -- |
Source: Realtracs
MLS Number: 2980495
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