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Property profile & analytics
OFF-MARKET
Specialty properties

0 Unit Tract 4 Covington, GA 30014

1.89 ac lot Built 2024
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Year built 2024
Lot 1.89 ac (82,328 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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