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    Unit Tract 6 Covington, GA 30014

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

    Current Use by Public Records

    • Specialty properties

    Property Details for 0 Unit Tract 6

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

    Description

    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.

    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
      2.93 Acres

      Unit Tract 2

      Specialty properties • 2.93 Acres
      0 Unit Tract 2, 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
      2,352 SF

      2131 Emory NW St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 2,352 SF
      2131 Emory NW St, Covington, GA 30014-2210
      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.
      800 Rocky Point Rd, Covington, GA 30014
      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
      View Details
    • $198,000
      9.77 Acres

      Covington Commercial Land - Hwy 81

      9.77 Acres, Multi-Family Approved
      Highway 81, Covington, GA 30014
      View Details
    • $465,000
      1,520 SF

      Prime Covington Commercial Land

      2.5-acre lot, high-growth area
      1761 Walnut Ave, 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
    • $40 SF/Yr
      150 SF

      Prime Covington Executive Office Suite

      150 sq ft, Single Tenant, Utilities Included
      2180 Elm St, Covington, GA 30014
      View Details
    • Contact for pricing
      188,699 SF

      Modern Industrial Warehouse Space Available

      60,575 SF warehouse space ideal for distribution or manufacturing.
      12101 Harland Dr NE, 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
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    Unit Tract 6
    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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