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    80 Ga-212 Covington, GA 30014

    For Sale
    $2,167,500

    14.45 Acres, High Visibility Corner Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 14.45-acre property presents a unique investment opportunity in Covington, Georgia. Strategically located at the highly visible southern corner of Highway 212 and Highway 36, this land offers significant development potential. The property is comprised of two distinct parcels: 3.96 acres zoned CN (Commercial Neighborhood) on the south side and 10.49 acres zoned AR (Agricultural Residential) on the north side. This dual zoning allows for a variety of uses, catering to diverse development plans. The asking price is $2,167,500, translating to $150,000 per acre, reflecting the prime location and development potential. The property's address is 80 GA-212, Covington, GA 30014, with Newton County as its jurisdiction. The Assessor's Parcel Number (APN) is 0091000000006000. This high-traffic corner lot provides unparalleled visibility and accessibility, making it ideal for commercial ventures or mixed-use developments. Serious inquiries are encouraged to explore the possibilities this remarkable property offers.

    Property Features for 80 Ga-212

    General Information

    Property type
    Land
    Lot Size
    629,442 SF

    HighLights

    • High‑visibility corner lot totaling 14.45 acres in Covington, situated at the intersection of Highways 212 and 36.
    • 3.96 acres zoned CN (south side).
    • 10.49 acres zoned AR (north side).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Covington
    County
    Newton
    State
    Georgia
    Longitude
    -83.8471409
    Latitude
    33.426851

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    FAQs

    What type of property is this?
    Land - 14.45 Acres, High Visibility Corner Lot
    Where is this land located?
    The property is located at 80 Ga-212 Covington, GA.
    What is the asking price?
    The asking price for this property is $2,167,500.
    What are key features of this property?
    This property features: High-visibility corner lot totaling 14.45 acres in Covington, situated at the intersection of Highways 212 and 36.; 3.96 acres zoned CN (south side).; 10.49 acres zoned AR (north side).
    Request Owner's contact information
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    Covington, GA 30014
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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
    80 Ga-212 Covington, GA 30014
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