High-Visibility Industrial Facility For
For Sale
$1,400,000
1595 Access Road, Covington, GA 30014
6,000 SF industrial facility with I-20 visibility in Covington, GA.
Property Size6,492 SF
Price / SF$233.33
Days on Market291
Property Features for 1595 Access Road
General Information
Standard status
Active
Size
6,492 SF
Property subtype
Commercial,Office
Taxes and HOA fees
Annual Taxes
$3,379
Building Details
Building Size
6,492 SF
Year Built
2003
Listing Agency:
Atlanta Fine Homes - Sotheby's Int'l
Listed By:
Jeff Olsen · License #378482
(678) 429-0773
Source:
Evatlanta
Added: Jan 2
Changed: Oct 5
Last Checked: Oct 19 at 5:05PM
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
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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.**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,045
Cap Rate
3.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$880,900
$880.9K
Cap Rate 7%
$629,214
$629.2K
Cap Rate 9%
$489,389
$489.4K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$56.9K $9.48/SF
− Vacancy
−$5.1K −$0.84/SF
EGI
$51.8K $8.64/SF
− OpEx
−$7.8K −$1.30/SF
NOI
$44.0K $7.34/SF
Area
Newton County, GA
Vacancy
8.90%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$880,900
Cap Rate 7%
$629,214
Cap Rate 9%
$489,389
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 authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30014, GA
39,247
Population
16,159
Households
2.4
Avg Household Size
39
Median Age
24%
College-Educated
86%
High-School Grad
120.7 sq mi
ZIP Area
325
Density / Sq Mi
$71,055
Median Household Income
$37,714
Median Earnings
$1,199
Median Rent
$253,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
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Frequently Asked Questions
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.**
