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    Unit Tract 2 Covington, GA 30014

    • Specialty properties
    • 2.93 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 0 Unit Tract 2

    Year built
    2024
    Lot size
    2.93 lot acres
    Property type
    Specialty properties

    Description

    This exceptional 2.93-acre commercial tract, located at 0 Highway 138 Unit Tract 2 in Covington, Georgia (zip code 30014), presents a unique investment opportunity. Zoned C2, this pad-ready site is ideally situated for immediate development. Plans have already been approved for a building exceeding 12,000 square feet. All utilities, including sewer, are conveniently located at the site, simplifying the construction process. Boasting over 15,000 vehicles in daily traffic count, this property offers unparalleled visibility due to its road frontage. The property is part of a planned unit development (PUD) encompassing 150 homes, ensuring a strong residential base for your business. Its prime location in the rapidly expanding Walnut Grove area of Walton County provides easy access to Monroe, Athens, and Atlanta, making it an attractive destination for a wide range of commercial ventures. The asking price for this exceptional property is $530,000. Built in 2024, this property offers a blank canvas for your business vision in a high-traffic, high-growth area.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    Walton - GA
    State
    Georgia
    Longitude
    -83.8261
    Latitude
    33.5757

    Comparable in this City

    • Value Estimation by Request
      2.02 Acres

      Unit Tract 6

      Specialty properties • 2.02 Acres
      0 Unit Tract 6, Covington, GA 30014
      View Details
    • Value Estimation by Request
      0.27 Acres

      7185 Pineneedle SW Dr

      CHARITABLE ORGANIZATION • 0.27 Acres
      7185 Pineneedle SW Dr, Covington, GA 30014-3568
      View Details
    • Value Estimation by Request
      1,638 SF

      Riv Walk Farm Pkwy

      PROFESSIONAL CLUBS/ASSOCIATIONS • 1,638 SF
      Riv Walk Farm Pkwy, Covington, GA 30014
      View Details
    • Value Estimation
      $230,000
      1,504 SF

      10406 Hwy 278th E

      VETERINARY, ANIMAL HOSPITAL • 1,504 SF
      10406 Hwy 278th E, Covington, GA 30014-1670
      View Details
    • Value Estimation
      $365,000
      730 SF

      10257 Hwy 142nd N

      VETERINARY, ANIMAL HOSPITAL • 730 SF
      10257 Hwy 142nd N, Covington, GA 30014-1527
      View Details
    • Value Estimation by Request
      0.10 Acres

      6110 Lynxs SW Cir

      CHARITABLE ORGANIZATION • 0.10 Acres
      6110 Lynxs SW Cir, Covington, GA 30014-7200
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Specialty Property For Sale

      Specialty property available for purchase in Covington, Georgia.
      9180 Doctor Martin Luther King Junior Ave, Covington, GA 30014
      View Details
    • $599,000
      4.32 Acres

      Waterfront Land with Marina Potential

      4.32-acre waterfront property on Jackson Lake with marina potential.
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      View Details
    • $800,000
      3,120 SF

      Versatile Retail Space Near Covington Square

      Retail property suitable for daycare, personal care home, or office.
      6135 Petty St SW, Covington, GA 30014
      View Details
    • $1,500,000
      3.57 Acres

      Covington Commercial Property For Sale

      3.557 acres with five buildings near Downtown Covington Square.
      6125 Washington St SW, Covington, GA 30014
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    • $325,000
      2.08 Acres

      Covington, GA Commercial Land - $325K

      Prime 2.08-acre commercial lot. High traffic, Hwy 36 frontage.
      10717 Hwy 36 Hwy, Covington, GA 30014
      View Details
    • $900,000
      2.46 Acres

      Prime Covington Industrial Land

      2.46 Acres, Heavy Industrial Zoning
      10150 John R Williams Hwy, Covington, GA 30014
      View Details

    Similar Nearby for Lease

    • $3,500 /Mo
      3,000 SF

      Versatile Commercial Space in Covington

      Adaptable commercial building suitable for various business needs.
      3143 NE Mill St, Covington, GA 30014
      View Details
    • Contact for pricing
      19,200 SF

      Jackson Market: Covington Retail Space

      High-traffic retail space, flexible layouts.
      4115 Highway 278, Covington, GA 30014
      View Details
    • Contact for pricing
      258,748 SF

      Modern Distribution Facility Ready

      Class A distribution space available near I-20 and Rivian.
      14138 Lake Forest Ct NE, Covington, GA 30014
      View Details
    • $4,000 /Mo
      2,262 SF

      Historic Covington Commercial Space For Rent

      Versatile 2,262 SF space in the heart of Covington.
      2175 Emory St NW, Covington, GA 30014
      View Details
    • Contact for pricing
      40,000 SF

      Industrial Space with Dock Doors

      40,000 SF industrial space featuring dock and drive-in doors.
      Covington, GA 30014
      View Details
    • New
      $500 /Mo
      4,483 SF

      Professional Office Suites For Rent

      Individual office suites and co-working spaces available in Covington, GA.
      2180 NE Elm St NE, Covington, GA 30014
      View Details
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    Unit Tract 2
    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
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