Corner Lot on Covington
7218 Covington Hwy, Lithonia, GA 30058
2.01-acre commercial land at a signalized intersection.
Type:Land
Lot size:
2.01 Acres- Added:
- Aug 25, 2023
- Days on Market:
- 991
- Last Refresh:
- Mar 17 at 1:24 pm
Property Features for 7218 Covington Hwy
General Information
- Standard status
- Active
- Lot size
- 2.01 Acres
- Property subtype
- Land
Listing agent Todd Ellis License #GA 241791
Listing office NAI Brannen Goddard
Listing date Aug 25, 2023
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of NAI Brannen Goddard
HighLights
- Located at a busy, signalized intersection of Lithonia Industrial Boulevard and Covington Hwy/Hwy 278.
- Approximately 2.01 acres zoned M‑1.
- Assemblage potential with adjacent property (7236 Covington Highway) for maximized commercial potential.
- Significant frontage: Approximately 145’ on Covington Highway/Hwy 278 and 241’ on Lithonia Industrial Boulevard.
- Rectangular shape with slightly sloping topography.
- Seller amenable to a zoning contingency.
Overview
Located at the northeast corner of Lithonia Industrial Boulevard and Covington Highway, also known as Hwy 278, within the city limits of Stonecrest, this property encompasses approximately 2.01 acres. Situated at a busy, signalized intersection, the property is currently zoned M-1. It is being offered individually or as an assemblage with the adjacent property at 7236 Covington Highway. The parcel is relatively rectangular with slightly sloping topography and has an existing curb cut on Covington Highway / Hwy 278, providing approximately 145 feet of frontage. Additionally, the property features approximately 241 feet of frontage on Lithonia Industrial Boulevard and 189 feet of frontage on Parkway Rd along the northern property boundary. To maximize its commercial potential, the parcel would need to be rezoned. The seller is open to a zoning contingency. Assembling the adjacent property at 7236 Covington Highway would further enhance the commercial potential of both parcels. The combined parcels would offer approximately 424 feet of frontage on Covington Highway / Hwy 278, approximately 241 feet of frontage on Lithonia Industrial Boulevard, and approximately 478 feet of frontage on Parwood Rd, allowing for excellent circular flow and visibility at the signalized intersection. An existing median cut in front of Parkwood Road further enhances flow throughout the assemblage. The property is well-positioned for many commercial uses.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Lithonia
- County
- DeKalb
- State
- Georgia
- Longitude
- -84.1236952
- Latitude
- 33.714397
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 2.01-acre commercial land at a signalized intersection.
Where is this commercial land located?
The property is located at 7218 Covington Hwy Lithonia, GA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Located at a busy, signalized intersection of Lithonia Industrial Boulevard and Covington Hwy/Hwy 278.; Approximately 2.01 acres zoned M‑1.; Assemblage potential with adjacent property (7236 Covington Highway) for maximized commercial potential.
