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    6038 Covington Hwy Decatur, GA 30035

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    For Sale
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    0.415-acre commercial lot, ideal for retail/restaurant.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 0.415-acre commercial lot, located at 6038 Covington Hwy in Stonecrest, Georgia (zip code 30035), presents a unique investment opportunity. Situated in a high-growth corridor and zoned C1 within the City of Stonecrest, this property offers significant potential for development. The lot is an outparcel of a Lidl grocery store, ensuring high visibility and convenient access for potential businesses. All utilities are available at the pad, and the site includes existing parking, site lighting, and access roads, minimizing upfront infrastructure costs. Property maintenance is also provided. The strategic location, combined with the readily available infrastructure and C1 zoning, makes this site particularly well-suited for restaurant or retail establishments. The signalized access ensures easy ingress and egress for customers and employees. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving area of DeKalb County. The property's size and location make it an attractive option for developers and investors seeking a prime location for a new commercial venture. Don't miss this chance to secure a piece of this dynamic commercial landscape.

    Property Features for 6038 Covington Hwy

    General Information

    Property type
    Land
    Lot Size
    18,077 SF

    HighLights

    • Lidl outparcel, 0.415‑acre building pad in Stonecrest, GA.
    • All utilities, parking, lighting, and access roads available; property maintenance included.
    • Ideal for restaurant or retail use.
    • Signalized access.
    • C1 zoning in the City of Stonecrest.
    • High‑growth corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lidl Grocery Store

    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
    -84.1706403
    Latitude
    33.7240571

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    FAQs

    What type of property is this?
    Land - 0.415-acre commercial lot, ideal for retail/restaurant.
    Where is this land located?
    The property is located at 6038 Covington Hwy Decatur, GA.
    What are key features of this property?
    This property features: Lidl outparcel, 0.415-acre building pad in Stonecrest, GA.; All utilities, parking, lighting, and access roads available; property maintenance included.; Ideal for restaurant or retail use.
    (404) 281-5544
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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
    6038 Covington Hwy Decatur, GA 30035
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