$6,800,000

0 Antioch Hwy 51 Rd Unit RTC2980495 Unincorporated, TN 38019

Estimated payment $37,368/month

Total Views 253
300 Acres
$22,667 Price per Acre
13,068,000 Sq Ft Lot

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

Ryan Murphy

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

Property Details

Property Type

Land

Est. Annual Taxes

$3,800

Lot Details

0

Listing Details

  • Prop. Type: Farm
  • Habitable Residence: No
  • Inclusions: Land and Buildings
  • Unit Levels: Three Or More
  • Attribution Contact: 4239039137
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • Road Frontage Type: State Road
  • Road Surface Type: Concrete
  • Topography: Cleared,Rolling Slope
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: Farm
  • Cultivated Acreage: 190
  • Lot Features: Cleared, Rolling Slope
  • Lot Size Acres: 300
  • Lot Size Units: Acres
  • Parcel #: 019 00200 000
  • Pasture Area: 100
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3800

MLS Schools

  • Elementary School: Crestview Elementary
  • High School: Covington High School
  • Middle Or Junior School: Crestview Middle School

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 For Sale $6,800,000 -- --
Source: Realtracs

Similar Property in the area

  • 845 Antioch Hwy 51 Rd, Covington, TN 38019

    $6,800,000

    • Land
    • 300 Acres
    • $22,667 per Acre
    • 845 Antioch Hwy 51 Rd
    • Covington, TN

    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 Tennessees primary transportation corridors. With four-sided road frontage and access to key utilitiesincluding fiber, city water, and sewage located just mile from the propertyit is well suited for future development.The site lies

    Ryan Murphy

    Section Image

Source: Realtracs

MLS Number: 2980495

Realtracs