Industrial Warehouse with Drive-In
1595 Access Road, Covington, GA 30014
For Sale
New
$1,400,000
Two-bay configuration supports warehouse, light manufacturing, contractor, or service operations.
Property Size6,492 SF
Price / SF$215.65
Days on Market2
Property Features for 1595 Access Road
General Information
Standard status
Size
Warehouse & Industrial
Clear Height
Drive-In Doors
Additional Details
Highway Access
Taxes and HOA fees
Annual Taxes
Amenities
Carpet,Other,Wood
true
Other
Square Feet
Chain Link
Business Park,Level
Delivery Door
1.24
21
Total Road Frontage Length: 171
Fixtures,Other
Parking Lot
County Road
6492
1
Building Details
Building Size
Year Built
Listing Agency:
Atlanta Fine Homes - Sotheby's Int'l
Listed By:
Jeff Olsen · License GA #378482
(678) 429-0773
Source:
Thestanleyrealtygroup
Added: Nov 12
Changed: Nov 13
Last Checked: Nov 13 at 4:28AM
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.
Built in 2003, this industrial warehouse is arranged as two bays, each with a drive-in door. The 14-foot clear height supports warehouse, light manufacturing, contractor, and service operations. The configuration can accommodate owner-user or dual-tenant occupancy.
The property fronts a county road for 171 feet and sits just off I-20 East. Interstate 20 carries approximately 86,600 vehicles per day, with connections toward Covington, Newton County, and the greater Atlanta metro area.
The property fronts a county road for 171 feet and sits just off I-20 East. Interstate 20 carries approximately 86,600 vehicles per day, with connections toward Covington, Newton County, and the greater Atlanta metro area.
Key Highlights
- Two industrial bays, each with a drive‑in door
- 14‑foot clear height
- Built in 2003
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,657
Cap Rate
3.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$953,140
$953.1K
Cap Rate 7%
$680,814
$680.8K
Cap Rate 9%
$529,522
$529.5K
Market Conditions
NOI Build-Up for 6,492 SF
Gross rent
$61.5K $9.48/SF
− Vacancy
−$5.5K −$0.84/SF
EGI
$56.1K $8.64/SF
− OpEx
−$8.4K −$1.30/SF
NOI
$47.7K $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%
$953,140
Cap Rate 7%
$680,814
Cap Rate 9%
$529,522
Alternative Uses
Best Use
Warehouse
$680.8K
$595.7K – $794.3K
NOI $47,657 @ 7.0% cap · market cap 3.40%
Second Best
Industrial
$565.0K
$494.4K – $659.1K
NOI $39,548 @ 7.0% cap · market cap 2.82%
Theoretical Best
Office A
$1.81M
$1.59M – $2.12M
NOI $127,033 @ 7.0% cap · market cap 9.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
14 ft
Clear height
2
Drive-in doors
Yes
Highway access
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Park It Here Covington, GA, LLC - Truck Storage — 119 Cook Rd, Covington, GA 30014
- Park It Here Covington, GA, LLC - Truck Parking — 119 Cook Rd, Covington, GA 30014
Frequently Asked Questions
What type of property is this?
Warehouse - Two-bay configuration supports warehouse, light manufacturing, contractor, or service operations.
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: Two industrial bays, each with a drive‑in door; 14‑foot clear height; Built in 2003
