Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    5655 Covington Hwy Decatur, GA 30035

    Sponsored
    For Sale
    $1,350,000

    Prime Decatur commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 4.3-acre commercial land parcel is strategically located at 5655/5675 Covington Highway in Decatur, Georgia, 30035. Situated in DeKalb County, this property offers significant development potential due to its prime location and C-2 zoning. The asking price is $1,350,000, translating to $313,953 per acre, reflecting the high value of this land in a thriving commercial area. The expansive lot size provides ample space for a variety of commercial ventures. Its convenient access to Interstates 20 and 285 ensures excellent visibility and accessibility for potential businesses and customers. This property is being sold together with the adjacent 5675 Covington Highway parcel, offering a combined opportunity for large-scale development or expansion. The C-2 zoning allows for a wide range of commercial uses, making this a highly versatile investment opportunity. This location offers significant potential for growth and return on investment in a rapidly developing area of Decatur. Serious inquiries are encouraged to explore the possibilities this exceptional property presents.

    Property Features for 5655 Covington Hwy

    General Information

    Property type
    Land
    Lot Size
    187,308 SF

    HighLights

    • $1,350,000 asking price for 4.3 acres of commercial land.
    • Located at 5655 Covington Hwy, Decatur, GA 30035 in DeKalb County.
    • C‑2 zoning.
    • $313,953 per acre land value.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    DeKalb
    State
    Georgia
    Longitude
    -84.1851553
    Latitude
    33.7261525

    Nearby Similar for Sale

    • $1,299,000
      0.71 Acres

      Decatur Commercial Building on Columbia Drive

      Freestanding commercial building with excellent visibility and flexible layout.
      1272 Columbia Dr, Decatur, GA 30126
      View Details
    • $1,299,000
      7,133 SF

      Decatur Commercial Building on Columbia Drive

      Freestanding commercial building with excellent visibility and flexible layout.
      1272 Columbia Dr, Decatur, GA 30032
      View Details
    • $1,250,000
      0.43 Acres

      Decatur Multifamily Investment Opportunity

      Fully occupied 6-unit apartment building near downtown Decatur.
      606 Coventry Rd, Decatur, GA 30030
      View Details
    • $1,250,000
      0.43 Acres

      Decatur Multifamily Investment Opportunity

      Fully occupied 6-unit apartment building in Decatur, Georgia.
      606 Coventry Rd, Decatur, GA 30030
      View Details
    • New
      $249,900
      0.26 Acres

      Renovated Home in Meadowdale Neighborhood

      Completely renovated home in Decatur's Belvedere Park. Move-in ready.
      1733 Hollyhock Ter, Decatur, GA 30032
      View Details
    • New
      $249,900
      0.26 Acres

      Renovated Home in Meadowdale Neighborhood

      Turnkey, renovated home in Decatur's Belvedere Park with modern features.
      1733 Hollyhock Ter, Decatur, GA 30032
      View Details
    • New
      $249,900
      0.32 Acres

      Renovated Home in Meadowdale Neighborhood

      Turnkey, renovated home with modern finishes and strong rental potential.
      3531 Tulip Dr, Decatur, GA 30032
      View Details
    • New
      $249,900
      0.32 Acres

      Renovated Home in Meadowdale Neighborhood

      Turnkey, renovated home with modern finishes and strong rental potential.
      3531 Tulip Dr, Decatur, GA 30032
      View Details
    • $495,000
      0.38 Acres

      Renovated Duplex in Prime Location

      Turnkey duplex near Decatur Square, ideal for investors.
      1485 Janmar Dr, Decatur, GA 30032
      View Details
    • $699,500
      0.33 Acres

      Decatur Duplex: Investment Opportunity

      Well-maintained duplex in Decatur with immediate income potential.
      732 S Candler St, Decatur, GA 30030
      View Details
    • $275,000
      0.26 Acres

      Updated Home in Desirable Neighborhood

      Updated 3-bedroom, 2.5-bath home in Decatur, GA.
      2419 Greenway Dr, Decatur, GA 30035
      View Details
    • $109,000
      0.02 Acres

      Turnkey Rental Investment Near Atlanta

      Spacious rental property with guaranteed income in up-and-coming Decatur.
      3178 Nectarine Cir, Decatur, GA 30034
      View Details

    FAQs

    What type of property is this?
    Land - Prime Decatur commercial land, ideal for development.
    Where is this land located?
    The property is located at 5655 Covington Hwy Decatur, GA.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: $1,350,000 asking price for 4.3 acres of commercial land.; Located at 5655 Covington Hwy, Decatur, GA 30035 in DeKalb County.; C-2 zoning.
    Request Owner's contact information
    5655 Covington Hwy Decatur, GA 30035
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5655 Covington Hwy
    Decatur, GA 30035
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5655 Covington Hwy Decatur, GA 30035
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.