Covington Commercial Property For
4165 Carroll Street SW Covington, GA 30014
For Sale
$450,000
COMMERCIAL - Covington, GA
Property Size3,520 SF
Lot Size0.24 Acres
Price / SF$127.84
Days on Market365
Property Features for 4165 Carroll Street SW
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- C035000020007000
- Size
- 3,520 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 24
- Tax Annual Amount
- 4917
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1927
- Building materials
- Aluminum Siding
Listing Agency:
Keller Williams Premier
(678) 487-1600
Listed By:
Christie L Phillips · License #183261
(678) 283-7249
Added: Jul 24, 2025
Changed: Apr 15
Last Checked: Jul 23 at 11:06PM
MLS# 10570817
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Available for purchase is a commercial property featuring a large garage building and a separate, smaller office building. The property is located in Covington, GA. The buildings are accessible from both Carroll Street and Washington Street. The property encompasses approximately 0.24 acres. The property includes a 3,520 square feet building. The property may be suitable for a used car business, extra storage, or businesses in the HVAC, electrical, or plumbing trades. Any business operating on the premises will need to obtain a business license and secure use approval from the City of Covington.
Key Highlights
- Large garage building ideal for various business ventures like used car sales, storage, or HVAC operations.
- Includes a separate small office building.
- Dual access from Carroll St and Washington St.
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.4k | $9.48 |
| − Vacancy | −$2.7k | −$0.78 |
| EGI | $30.6k | $8.70 |
| − OpEx | −$9.2k | −$2.61 |
| NOI | $21.4k | $6.09 |
3,520 SF · lease $9.48/SF/yr · vacancy 8.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$707.3K
$618.9K – $825.2K
NOI $49,510 @ 7.0% cap · market cap 11.00%
Second Best
Office B
$673.4K
$589.2K – $785.6K
NOI $47,137 @ 7.0% cap · market cap 10.47%
Theoretical Best
Office A
$984.0K
$861.0K – $1.15M
NOI $68,878 @ 7.0% cap · market cap 15.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Parking lots & garages
Similar Off Market Nearby
- Enterprise Rent-A-Car — 4132 US-278, Covington, GA 30014
- Pijon Inc-Shell Products — 3231 Spring St NW, Covington, GA 30014
FAQs
What type of property is this?
Parking lot & garage - Garage and office buildings suitable for various business purposes.
Where is this parking lot & garage located?
The property is located at 4165 Carroll Street SW Covington, GA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Large garage building ideal for various business ventures like used car sales, storage, or HVAC operations.; Includes a separate small office building.; Dual access from Carroll St and Washington St.
