Property profile

4115 Highway 278 NE Covington, GA 30014

FOR SALE
Commercial land
Property ID
US22-2796180
407 SF 1.35 ac lot Built 1966
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A retail property, known as Jackson Market, offers 19,200 square feet of leasable space in Covington, Georgia. Located at 4115 Hwy 278 NE, zip code 30014, this prime location boasts approximately 25,000 vehicles per day, ensuring high visibility and foot traffic. The property is ideally suited for multiple tenants, with a minimum divisible space of 1,200 square feet and a maximum of 4,200 square feet currently available. The building features two drive-thrus, making it particularly attractive for restaurants or businesses requiring convenient customer access. A pylon sign is available for enhanced branding opportunities. The property's multiple access points ensure easy ingress and egress for both customers and employees. The building is categorized as Class A, reflecting its high-quality construction and modern amenities. This versatile space is perfect for a variety of retail uses, including restaurants and medical facilities. Currently, there are two suites available within the building. Don't miss this opportunity to secure a prominent location in a thriving Covington community.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1966
Construction STEEL & CONCRETE
Total area 407 SF
Lot 1.35 ac (58,806 SF)
APN C0070-00120-001-A00
UPID US22-2796180

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4115 Highway 278 NE Covington, GA 30014
Covington metro Census 100301 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.00M

Owner & transaction history

since 2024
Last sale
$3.0M
2 recorded transactions
2026
Price N/A
2024
$3.0M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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