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Property profile & analytics
OFF-MARKET
Land

0 Brown Bridge Rd Covington, GA 30016

1.05 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.05-acre commercial land parcel is ideally situated on Brown Bridge Road in Covington, Georgia, zip code 30016. Priced to sell at $299,000, this property offers significant potential for various commercial ventures. The lot boasts a level topography, simplifying development and minimizing site preparation costs. All utilities are readily accessible, streamlining the construction process. A detention system is already in place, further reducing development hurdles. The property's location offers convenient access to major transportation routes, being approximately four miles from Interstate 20 (Salem Road exit). This strategic positioning enhances its appeal for businesses requiring efficient logistics and accessibility. Furthermore, there's a possibility of assemblage with an adjacent 2.3-acre parcel, presenting an opportunity to expand the development footprint significantly. This neighboring property is located within Newton County's Salem Overlay District (Tier 3), potentially offering additional development advantages. This is a rare opportunity to acquire a well-positioned, ready-to-develop commercial lot in a thriving Georgia community. Don't miss this chance to secure a valuable asset in a rapidly growing area.

Property profile
Verified
Property type Land
Lot 1.05 ac (45,738 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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