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Property profile & analytics
OFF-MARKET
Land

0 Rocky Plains Rd Covington, GA 30016

18.83 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 18.83-acre commercial land parcel in Newton County, Georgia, presents a unique investment opportunity. Located on Rocky Plains Road in Covington, GA, 30016, this property boasts convenient access to Interstate 20 (approximately 7 miles north) and is situated roughly 7 miles from Covington's vibrant downtown area, offering a diverse range of retail, dining, and entertainment options. Covington, known as the "Hollywood of the South," is home to major film studios like Triple Horse Studios and the newly established Three Ring Studios, contributing to the area's economic growth. The property benefits from its proximity to the 180-acre Covington Town Center mixed-use project (approximately 7.5 miles away). Furthermore, the recent announcement of Rivian's $5 billion assembly plant in Walton and Newton Counties promises significant job creation and economic expansion in the region. While originally part of an 85.36-acre tract, this lot has been subdivided, ensuring a minimum size exceeding 10 acres. Phase 3 soil work is complete, streamlining the development process. The asking price is $282,450, translating to $15,000 per acre. This prime location and the ongoing development in the area make this a compelling investment prospect.

Property profile
Verified
Property type Land
Lot 18.83 ac (820,235 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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