Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    00 Moore St St Covington, GA 30014
    Back to Search
    Property profile & analytics

    00 Moore St St Covington, GA 30014

    View on Map
    • Industrial properties
    • 1.11 lot acres
    For Sale
    $249,990
    View Listing →
    Covington Industrial Land Opportunity For Sale
    $249,990

    Covington Industrial Land Opportunity

    Prime 1.11-acre M-1 zoned lot

    Porterdale, GA 30014
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 00 Moore St St

    Year built
    1990
    Lot size
    1.11 lot acres
    Property type
    Industrial properties

    Description

    This exceptional 1.11-acre industrial land parcel presents a unique investment opportunity in Covington, Georgia. Located at 00 Moore Street, this property is ideally situated within Newton County and boasts an M-1 zoning classification, permitting a diverse range of light industrial and commercial uses. The expansive lot provides ample space for the development of various industrial projects, from warehousing and distribution centers to light manufacturing facilities. Its strategic location offers convenient access to major transportation routes, ensuring efficient logistics and streamlined operations. The property's zoning designation ensures compliance with local regulations, simplifying the development process and minimizing potential delays. This is a rare chance to acquire a sizable, well-located industrial lot in a thriving area, perfect for businesses seeking to establish or expand their operations. The asking price is $249,990, representing a compelling value for this prime piece of real estate. Serious inquiries are encouraged to explore the full potential of this exceptional development opportunity. The property is ready for immediate development, offering a significant advantage for businesses seeking a quick turnaround on their projects. Don't miss this chance to secure a strategic foothold in Newton County's dynamic industrial market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    Newton - GA
    State
    Georgia
    Longitude
    -83.875
    Latitude
    33.6087

    Comparable in this City

    • Value Estimation
      $4,835,000
      544,058 SF

      15200 Industrial Park NE Blvd

      INDUSTRIAL (GENERAL) • 544,058 SF
      15200 Industrial Park NE Blvd, Covington, GA 30014-6427
      View Details
    • Value Estimation by Request
      15.71 Acres

      Piper Rd

      Land • 15.71 Acres
      0 Piper Rd, Covington, GA 30014
      View Details
    • Value Estimation
      $2,095,000
      140,000 SF

      14187 Industrial Park NE Blvd

      INDUSTRIAL (GENERAL) • 140,000 SF
      14187 Industrial Park NE Blvd, Covington, GA 30014-6436
      View Details
    • Value Estimation by Request
      10,650 SF

      8005 City Pond Rd

      INDUSTRIAL (GENERAL) • 10,650 SF
      8005 City Pond Rd, Covington, GA 30014
      View Details
    • Value Estimation by Request
      4,121 SF

      Hwy 142

      INDUSTRIAL (GENERAL) • 4,121 SF
      Hwy 142, Covington, GA 30014
      View Details
    • Value Estimation by Request
      480 SF

      12143 Independence NE Dr

      INDUSTRIAL (GENERAL) • 480 SF
      12143 Independence NE Dr, Covington, GA 30014-6453
      View Details

    Similar Nearby for Sale

    • $2,250,000
      16,200 SF

      Industrial Property with I-20 Exposure

      16,200 SF industrial building on 4.41 acres for sale.
      8185 Old City Pond Rd, Covington, GA 30014
      View Details
    • $249,990
      1.11 Acres

      Covington Industrial Land Opportunity

      Prime 1.11-acre M-1 zoned lot
      00 Moore St St, Covington, GA 30014
      View Details
    • $1,400,000
      6,000 SF

      Industrial Facility I-20 Visibility

      6,000 SF industrial facility with I-20 corridor visibility.
      1595 Access Rd, Covington, GA 30014
      View Details
    • $800,000

      Commercial Building Near Downtown Covington

      Multi-tenant building or redevelopment opportunity near downtown Covington, GA.
      4109 Robinson St NW, Covington, GA 30014
      View Details
    • $489,000
      2.55 Acres

      Versatile Shop on Highway 81

      2.55 acre property with custom shop/barn on Highway 81.
      481 Highway 81, Covington, GA 30014
      View Details
    • $1,400,000

      High-Visibility Industrial Facility For Sale

      6,000 SF industrial facility with I-20 visibility in Covington, GA.
      1595 Access Rd, Covington, GA 30014
      View Details

    Similar Nearby for Lease

    • 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

      Modern Distribution Facility Ready Now

      Class A distribution space available near I-20 in Covington, GA.
      14138 Lake Forest Ct NE, 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
    • Contact for pricing
      62,851 SF

      Industrial Warehouse Space Available

      62,851 SF industrial warehouse space for lease.
      14161 Lake Forest Ct, Covington, GA 30014
      View Details
    • $9 SF/Yr
      8,400 SF

      Industrial Warehouse Space Available

      Industrial warehouse space for lease near I-20 in Covington, GA.
      9153 Hazelbrand Rd NE, Covington, GA 30014
      View Details
    • Contact for pricing

      Industrial Space with Dock Doors

      40,000 SF industrial space featuring dock and drive-in doors.
      9120 Wheat St NE, Covington, GA 30014
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    00 Moore St St
    Covington, GA 30014
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    00 Moore St St, Covington, GA, 30014
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!