Financial
Distress signals
Property profile

4115 Highway 278 NE Covington, GA 30014

FOR SALE
Commercial land
Property ID
US22-2796180
407 SF 1.35 ac lot Built 1966
Last sale Dec 2024 · $3,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Class A retail property, known as Jackson Market, offers 19,200 square feet of leasable space in Covington, Georgia. Located at 4115 Hwy 278 NE, zip code 30014, this prime location boasts approximately 25,000 vehicles per day, ensuring high visibility and foot traffic. The property is ideally suited for multiple tenants, with a minimum divisible space of 1,200 square feet and a maximum of 4,200 square feet currently available. The building features two drive-thrus, making it

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$235k
Assessed land$235k
Effective rate3.75%

Value estimate

· Sep 2026
$3.00M
$2.70M – $3.30M
AI approach$3.00M
NOI build-up
Gross scheduled income$14k
Vacancy & credit loss−$967
Operating expenses−$3k
NOI · 0.48% cap applied$10k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$217/SF
ZIP average, outlier-cleaned · 56 recorded sales of this use type
Observed band · Q1–Q3$92 – $342

Cap rate analysis

How does the asset earn?
0.48%
$10k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNEWTON

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility10.1
Smoke and Vape Shop9.6
Carpet & Flooring Store9.1

Location

4115 Highway 278 NE Covington, GA 30014
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Washington, Covington, GA 30014 $40,000 Feb 2025 No data
Dr Martin Luther King Jr, Covington, GA 30014 $2,325,000 Nov 2024 No data
13500 Town Ctr, Covington, GA 30014-3652 $3,427,505 Nov 2024 No data
9101 Access NW, Covington, GA 30014-2011 $660,000 Oct 2024 2,280 SF
12500 Town Ctr, Covington, GA 30014-3625 $1,136,000 Aug 2024 10,688 SF
704 Emory, Covington, GA 30014 $400,000 Sep 2023 1,328 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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