High-Visibility Industrial Facility For
1595 Access Road Covington, GA 30014
1595 Access Road, Covington, GA, 30014
$1,400,000
For Sale
$1,400,000
6,000 SF industrial facility with I-20 visibility in Covington, GA.
Property Size6,000 SF
Lot Size1.24 Acres
Price / SF$233.33
Days on Market199
Property Features for 1595 Access Road
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Lot size
- 1.24 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2003
Listing Agency
Atlanta Fine Homes - Sotheby's Int'l
(678) 429-0773
Listed by
Jeff Olsen · License #378482
Source
Corcoran
Added: Jan 2 Updated: Jul 10 at 3:47 pm Checked: Jul 19 at 4:42 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Atlanta Fine Homes - Sotheby's Int'l
Investment Insights
Based on property information with market context.
Located at 1595 Access Road in Covington, Georgia, this 6,000 square foot industrial facility, constructed in 2003, offers visibility along the I-20 corridor. The property experiences approximately 86,600 vehicles per day on Interstate 20. The building is configured with two bays of approximately 3,000 SF each, suitable for an owner-user or dual-tenant occupancy. The facility features a 14-foot clear height and two drive-in bay doors, supporting warehouse, light manufacturing, contractor, or service operations. Positioned just off I-20 East, the property provides connectivity to Covington, Newton County, and the greater Atlanta metro area.
Key Highlights
- Excellent visibility and high traffic exposure along the I‑20 corridor (86,600 vehicles per day).
- Convenient access to I‑20, providing regional connectivity to Covington, Newton County, and the Atlanta metro area.
- 6,000 SF industrial facility suitable for owner‑user or dual‑tenant occupancy.
Local Financial Insights For Warehouse
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 | $56.9k | $9.48 |
| − Vacancy | −$5.1k | −$0.84 |
| EGI | $51.8k | $8.64 |
| − OpEx | −$7.8k | −$1.30 |
| NOI | $44.0k | $7.34 |
6,000 SF · lease $9.48/SF/yr · vacancy 8.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$629.2K
$550.6K – $734.1K
NOI $44,045 @ 7.0% cap · market cap 3.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,406 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
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- Park It Here Covington, GA, LLC - Truck Parking — 119 Cook Rd, Covington, GA 30014
- Park It Here Covington, GA, LLC - Truck Storage — 119 Cook Rd, Covington, GA 30014
FAQs
What type of property is this?
Warehouse - 6,000 SF industrial facility with I-20 visibility in Covington, GA.
Where is this warehouse located?
The property is located at 1595 Access Road Covington, GA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Excellent visibility and high traffic exposure along the I‑20 corridor (86,600 vehicles per day).; Convenient access to I‑20, providing regional connectivity to Covington, Newton County, and the Atlanta metro area.; **6,000 SF industrial facility suitable for owner‑user or dual‑tenant occupancy.**
