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Property profile & analytics
OFF-MARKET
Land

0 Rocky Plains Rd Covington, GA 30016

31.84 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 31.84-acre farm tract in Newton County, Georgia, presents a unique investment opportunity. Located on Rocky Plains Road near Covington (zip code 30016), this property boasts Yellow River frontage and offers unparalleled convenience. Situated approximately 7 miles from Downtown Covington, residents will enjoy easy access to a vibrant array of retail, dining, and entertainment options. The property's strategic location also provides convenient access to Interstate 20, enhancing connectivity to broader regional networks. Covington's burgeoning film industry, often referred to as the "Hollywood of the South," adds significant appeal, with major studios like Triple Horse Studios and the newly established Three Ring Studios nearby. The proximity to the 180-acre Covington Town Center mixed-use project and the recently announced Rivian $5 billion assembly plant in neighboring Walton and Newton Counties further underscores the area's robust economic growth and potential for future development. Phase 3 soil work is complete, simplifying the development process. This is one of only two remaining lots from an original subdivision of 85.36 acres, with four of the six lots offering Yellow River frontage. All lots are over 10 acres. The asking price is $477,600, representing a price per acre of $15,000. This property is ideal for those seeking a substantial land holding in a rapidly developing area with excellent access to amenities and infrastructure.

Property profile
Verified
Property type Land
Lot 31.84 ac (1,386,950 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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