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    Property profile & analytics

    3195 Covington Ga 30016-5527 Covington, GA 30016

    • Land
    • 1.05 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 3195 Covington Ga 30016-5527

    Lot size
    1.05 lot acres
    Property type
    Land

    Description

    This 1.05-acre commercial lot in Covington, Georgia, boasts 121 feet of road frontage on Highway 212. Conveniently located near the intersection of Highway 212 and GA 162, this property offers excellent visibility and accessibility. Zoned CH-Commercial, it's ready for a variety of business ventures. Nearby establishments include Philly Hut Restaurant, a self-storage facility, and a Dollar General grocery store. Utilities, including sewer, are readily available. The property's strategic location benefits from the recent sales of three adjacent lots (3165, 3175, and 3185 Highway 212), indicating strong market demand. The Newton County GIS recently updated the address from 3195 to 2239 Highway 212. This presents a compelling investment opportunity with high development potential. The asking price is $136,500, and the 2023 property tax was approximately $651.22. The parcel number is 0051000000057000. Explore the possibilities of this prime commercial location today.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    Newton
    State
    Georgia
    Longitude
    -83.9054
    Latitude
    33.4642

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    Similar Nearby for Sale

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    Realmo Value Estimation

    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.

    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.

    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
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