0 Brown Bridge Rd Covington, GA 30016
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.
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
Similar Nearby for Sale
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.