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    1902 Old Covington Hwy Conyers, GA 30012

    For Sale
    $425,000

    High-return potential, established tenants.

    Property size:
    3,215 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional 3,215 square foot commercial building presents a rare investment opportunity in the thriving Conyers, Georgia market. Situated on a 1.07-acre lot, this all-brick structure offers ample parking for tenants and visitors. Currently, two established businesses occupy the ground floor, generating immediate rental income. The upper level provides significant additional space, ideal for expansion of existing operations, accommodating a new tenant, or serving as owner-occupied space. The building's versatile layout includes a dedicated conference room, a convenient storage room, a comfortable breakroom, a welcoming receptionist area, and five well-appointed bathrooms. The property's location in Conyers offers excellent visibility and accessibility, making it an attractive proposition for a variety of businesses. Its features are particularly well-suited for professional services, such as real estate or legal offices, or executive suites. This turnkey investment promises strong returns and long-term growth potential in a desirable commercial area. The asking price is $425,000. Don't miss this chance to acquire a high-quality commercial property with established income and significant upside.

    Property Features for 1902 Old Covington Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,215 SF
    Lot Size
    46,609 SF

    Building Details

    Year Built
    1955
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Penna & Mendicino Attorney

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Conyers
    County
    Rockdale
    State
    Georgia
    Longitude
    -84.05053
    Latitude
    33.67434

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    FAQs

    What type of property is this?
    Commercial real estate - High-return potential, established tenants.
    Where is this commercial real estate located?
    The property is located at 1902 Old Covington Hwy Conyers, GA.
    What is the asking price?
    The asking price for this property is $425,000.
    (678) 889-8938
    Request Owner's contact information
    1902 Old Covington Hwy Conyers, GA 30012
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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
    1902 Old Covington Hwy Conyers, GA 30012
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