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Property profile & analytics
OFF-MARKET
Land

3195 Covington Ga 30016-5527 Covington, GA 30016

1.05 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.05 ac (45,738 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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