0 Unit Tract 6 Covington, GA 30014
This exceptional 2.02-acre commercial tract, located at 0 Highway 138 Unit Tract 6 in Covington, Georgia (zip code 30014), presents a unique investment opportunity. Zoned C2, this pad-ready site is ideally suited for a variety of commercial uses, including the already approved daycare center. Situated within a planned unit development (PUD) encompassing 150 homes, this property benefits from a high-traffic location with over 15,000 vehicles passing daily. The property boasts excellent road frontage, ensuring high visibility for any business. All utilities, including sewer, are conveniently located at the site. This prime location offers easy access to Monroe, Athens, and Atlanta, making it an attractive option for businesses seeking a strategic position in a rapidly growing area of Walnut Grove within Walton County. The property was built in 2024 and is priced at $530,000. This is one of five available commercial tracts in the development.
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.