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 Size6,000 SF
Lot Size1.24 Acres
Price / SF$233.33
Days on Market209
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
Changed: Jul 10
Last Checked: Jul 30 at 7:37AM
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.**
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 authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
488
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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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.**