For sale
$399,000
Medical building
2,000 SF building1 acre lot
$200/SF (asking price ÷ building area)
1721 Highway 51 SCovington, TN 38019
Listing courtesy of Tiger Realty · MyStateMLS #11779284
Under contract
$550,000
30 acres
0 Singleton Parkway, Memphis, Tn 0 Egypt CMemphis, TN 38128
Medical building (from the listing description) · MLS 11636116 · Listed 583 days ago (Apr 1, 2025)
Under contract: The seller has accepted an offer with conditions. Some sellers still accept backup offers.
About this property
This prime 30.4-acre plot sits at the bustling junction of Austin Peay Hwy and Singleton Pkwy. Positioned across from Methodist North Hospital and Encompass Rehab Hospital, this tract is prominently anchored in a hub of commercial activity. Major employers Amazon and Nike have new locations that are less than 10 minutes away! Its proximity to an array of essential and convenience-serving establishments is exemplary; a Wal-Mart Supercenter, Kroger grocery store, and Walgreens are just a stone's throw away. In addition, this location benefits from supplementary services like the DaVita Dialysis Clinic, Firestone Automotive Center, a new Chick-fil-A, and Wendy's, not to mention the financial services provided by several surrounding banks. Zoned RU-3, the property boasts versatile residential potential. It offers a wealth of development opportunities from multi-family to duplexes or cottage homes, inviting a plethora of design and architecture possibilities that can cater to varying housing needs and preferences. Essential utilities such as city water, sewer, and electricity are conveniently accessible along the two major roads that frame the parcel. Strategically located, this plot stands a mere 33 miles southwest of Ford Motor Company's Blue Oval City in Stanton, Tennessee, an ambitious and significant new manufacturing campus, set to further stimulate the region's economy. This tract offers an exceptional opportunity for visionary development, nestling in a pivotal position that promises thriving residential opportunities amid a region of commercial growth and economic expansion.
Description provided by the listing brokerage.
Key facts
- Asking price
- $550,000
- Status
- Under contract
- Property type
- MedicalFrom the listing description
- Land area
- 30 acresSource field LotSizeAcres
- MLS number
- 11636116
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.
Price
- Asking price
- $550,000
Building and site
- County
- Shelby County
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Memphis or medical building in Memphis.
Why this listing is on Commercial Only
- Property type as the listing describes it. (description: "…ntary services like the davita dialysis clinic, firestone automotive center, a new chi…")
- MLS property class detail. (PropertyTypeDetail: commercial)
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Price and status history
Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.
Similar listings
Medical building listings for sale in Tennessee, asking $275,000 to $825,000, newest first. Each one passes the same eligibility and display rules on its own. See all matches
Guides
Listing courtesy of National Land Realty, Memphis, TN. Listing agent: Bill Patton. Listings provided by MyStateMLS.
Listing last modified at the source Nov 4, 2026, 12:03 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 5, 2026, 2:30 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.