0 Unit Tract 4 Covington, GA 30014
This exceptional 1.89-acre commercial lot, located at 0 Highway 138 Unit TRACT 4 in Covington, Georgia (zip code 30014), presents a unique investment opportunity. Priced at $530,000, this pad-ready site is zoned C2 and boasts an approved plan for a 12,000+ square foot building. Situated within a Planned Unit Development (PUD) encompassing 150 homes, this property offers unparalleled visibility due to its road frontage and benefits from a daily traffic count exceeding 15,000 vehicles. All utilities, including sewer, are conveniently located at the site, making it immediately ready for development. The location is highly desirable, offering easy access to Monroe, Athens, and Atlanta, and is situated in the rapidly growing Walnut Grove area of Walton County. This property is ideal for businesses seeking high visibility and convenient access to major transportation routes. The lot's size of 1.89 acres provides ample space for a variety of commercial developments. This is a rare opportunity to acquire a prime commercial lot in a thriving area. Don't miss out on this exceptional chance to establish your business in a high-traffic, highly visible location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.