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    Lower River Rd Porterdale, GA 30016

    For Sale
    $55,000

    LAND - Covington, GA

    Lot size:
    2.00 Acres
    Days on Market:
    197
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for Lower River Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Wooded
    APN
    0047000000056000
    Lot size
    2.00 Acres

    Utilities

    Utilities
    Electricity Available
    Water source
    Public

    Virtual Properties Realty (770) 495-5050 [email protected]

    Listing agent Jeremiah Peters (770) 495-5050

    Listing date May 24, 2025

    MLS# 10461341 Listing URL

    Copyright © 2025 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.

    Overview

    Covington, GA Development Land

    This is a 2-acre development land parcel located in Covington, GA. The property is well-suited for various development projects. It is strategically positioned adjacent to a landlocked 8.5-acre parcel, enhancing its potential for development ventures.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Porterdale
    County
    Newton
    State
    Georgia
    Longitude
    -83.895936
    Latitude
    33.552886

    Nearby Similar for Sale

    • $249,900
      2.23 Acres

      Porterdale Mixed-Use Investment Opportunity

      Highway 81S Frontage, Zoned O&I, Motivated Seller
      58 Broad St, Porterdale, GA 30014
      View Details

    FAQs

    What type of property is this?
    Land - Prime development land in Covington, GA, with ample purposes.
    Where is this land located?
    The property is located at Lower River Rd Porterdale, GA.
    What is the asking price?
    The asking price for this property is $55,000.
    What are key features of this property?
    This property features: - Strategic position adjacent to a landlocked 8.5-acre parcel; - Well-suited for various development projects; - Ample purposes for development
    (770) 495-5050
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    Lower River Rd Porterdale, GA 30016
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    Porterdale, GA 30016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Lower River Rd Porterdale, GA 30016
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