Financial
Distress signals
Property profile

5890 Salem Rd Covington, GA 30016

OFF-MARKET
Grocery and convenience stores
Property ID
US22-0521814
7,452 SF 0.6 ac lot Built 1974
Last sale May 2023 · $750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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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?
$695
Tax billed · 2023
Assessed value$26k
Assessed land$13k
Assessed improvement$13k
Effective rate2.71%

Value estimate

· Sep 2026
$750k
$675k – $825k
AI approach$800k
Submarket $/SF estimate$532k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$111/SF
Submarket average, outlier-cleaned · 17 recorded sales of this use type
Observed band · Q1–Q3$71 – $167
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C1
JurisdictionNEWTON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.2
Building Supply15.1
Restaurant13.9

Location

5890 Salem Rd Covington, GA 30016-7141
County assessor Recorded deeds · 3 transfers 5 qualifying comp sales Zoning catalog

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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11406 Brown Brg, Covington, GA 30016-3425 $2,925,000 Mar 2025 7,610 SF
15036 Brown Brg, Covington, GA 30016-4114 $1,200,000 Feb 2025 4,745 SF
14656 Brown Brg, Covington, GA 30016-4112 $1,300,300 Dec 2021 4,800 SF
5352 Hwy 20th S, Covington, GA 30016-4403 $1,275,000 Aug 2021 8,400 SF
3538 Salem, Covington, GA 30016-4526 $1,300,000 Mar 2020 2,880 SF
2536 Hwy 81st S, Covington, GA 30016-2599 $942,461 Jan 2020 8,000 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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