You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

Highway 81 Covington, GA 30014

OFF-MARKET Commercial real estate Google Maps
9.77 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 9.77-acre commercial parcel is ideally situated in Covington, Georgia, at the intersection of Highway 81 and near Highway 162. The property boasts a prime location in a high-traffic area, ensuring excellent visibility and accessibility for any commercial venture. Currently zoned for commercial use, this land presents a unique opportunity for developers seeking to capitalize on the area's growth potential. Importantly, the property already has approval for multi-family development, streamlining the planning and permitting process for prospective buyers. This significantly reduces the time and expense typically associated with obtaining necessary approvals. The expansive acreage offers ample space for a variety of commercial projects, from retail centers and office buildings to residential complexes. Given its strategic location and existing multi-family approval, this property represents a compelling investment opportunity with significant upside potential. The high volume of traffic on nearby highways ensures consistent exposure, making it an attractive location for businesses seeking maximum visibility. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The asking price is $198,000.

Property profile

Verified
Property type Commercial real estate
Lot 9.77 ac (425,581 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Highway 81?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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