Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Highway 20 Covington, GA 30016

    For Sale
    $350,000

    6.14 Acres, Hwy 20 Frontage, High Visibility

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 6.14-acre commercial property presents a remarkable investment opportunity in Covington, Georgia. Boasting significant road frontage on Highway 20 and Oak Hill Road West, this strategically located parcel enjoys high visibility and accessibility. Its prime position at the intersection of Highway 20, Highway 212, and Brown Bridge Road ensures substantial traffic flow, maximizing exposure for any business. The property's proximity to Covington, Conyers, and McDonough further enhances its appeal. Across the street from a large church and around the corner from a Kroger shopping center, this location benefits from established community infrastructure and a strong customer base. The expansive acreage offers unlimited potential for a wide range of commercial developments, from retail spaces to office buildings, or even a mixed-use project. This is a rare chance to acquire a highly visible and conveniently located commercial property in a thriving area with excellent growth prospects. The asking price is $350,000. Don't miss this opportunity to secure a prime piece of Covington real estate.

    Property Features for Highway 20

    General Information

    Property type
    Other commercial real estate
    Lot Size
    267,458 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Covington
    County
    Newton
    State
    Georgia
    Longitude
    -84.01466
    Latitude
    33.55956

    Nearby Similar for Sale

    • $1,310,000
      8,200 SF

      Covington Church Property For Sale

      Church property on 4.26 acres near downtown Covington.
      99 Ellis Trl, Covington, GA 30016
      View Details
    • $599,000
      4.32 Acres

      Waterfront Land with Marina Potential

      4.32-acre waterfront property on Jackson Lake with marina potential.
      800 Rocky Point Rd, Covington, GA 30014
      View Details
    • $275,000
      1,242 SF

      Covington Commercial Office on Highway

      Commercial office building on 1.55 acres, high-visibility location.
      5202 Highway 20 S, Covington, GA 30016
      View Details
    • $800,000
      3,120 SF

      Versatile Retail Space Near Covington Square

      Retail property suitable for daycare, personal care home, or office.
      6135 Petty St SW, Covington, GA 30014
      View Details
    • $2,000,000
      0.93 Acres

      Covington Multifamily Investment Opportunity

      Turnkey multifamily property in Historic Covington with secured leases.
      2133 Thompson Ave, Covington, GA 30014
      View Details
    • $2,000,000
      0.93 Acres

      Renovated Multifamily Investment in Covington

      Eleven turnkey residences in historic Covington, generating immediate returns.
      2133 Thompson Ave SE, Covington, GA 30014
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - 6.14 Acres, Hwy 20 Frontage, High Visibility
    Where is this commercial real estate located?
    The property is located at Highway 20 Covington, GA.
    What is the asking price?
    The asking price for this property is $350,000.
    (678) 635-8877
    Request Owner's contact information
    Highway 20 Covington, GA 30016
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Highway 20
    Covington, GA 30016
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Highway 20 Covington, GA 30016
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.