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    4906 Covington Hwy Decatur, GA 30035

    Sponsored
    For Lease
    Contact for pricing

    1,425 SF Restaurant, 0.39 Acres

    Lot size:
    1,425 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Decatur, Georgia retail property presents a unique investment opportunity. Situated on 0.39 acres at 4906 Covington Hwy, this single-tenant building boasts 1,425 square feet and is conveniently located adjacent to US Route 278 (Covington Highway). Built in 1995, the structure currently houses a former Pizza Hut and WingStreet restaurant, offering a blank canvas for a variety of commercial ventures. The property's C-2 zoning allows for diverse uses, aligning with the local comprehensive development plan. The 1-story building sits on a 0.39-acre lot (APN: 15 163 01 010), providing ample space for potential expansion or redevelopment. The entire 1,425 square feet is currently vacant, presenting immediate occupancy potential for a new tenant. This prime location in Decatur, GA (zip code 30035) offers excellent visibility and accessibility, making it an ideal investment for savvy entrepreneurs seeking a high-traffic area. The property's single-tenant nature simplifies management, while its size and location offer significant potential for future growth and return on investment. This is a rare opportunity to acquire a well-positioned retail property in a thriving market.

    Property Features for 4906 Covington Hwy

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,425 SF

    Building Details

    Year Built
    1995
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    1,425 SF

    HighLights

    • High visibility corner lot with excellent accessibility.
    • Zoned for a wide range of general business uses.
    • Located near an AutoZone.
    • Unique owner‑user opportunity available.
    • Signalized intersection outparcel location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.2142416
    Latitude
    33.7350367

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    FAQs

    What type of property is this?
    Land - 1,425 SF Restaurant, 0.39 Acres
    Where is this land located?
    The property is located at 4906 Covington Hwy Decatur, GA.
    What are key features of this property?
    This property features: High visibility corner lot with excellent accessibility.; Zoned for a wide range of general business uses.; Located near an AutoZone.
    Request Owner's contact information
    4906 Covington Hwy Decatur, GA 30035
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    Decatur, GA 30035
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    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
    4906 Covington Hwy Decatur, GA 30035
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