3195 Covington Ga 30016-5527 Covington, GA 30016
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.