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Financial
Distress signals
Property profile

5402 Covington Hwy Decatur, GA 30035

OFF-MARKET
Strip malls
Property ID
US22-1668175
68,870 SF 8.21 ac lot Built 1974
Last sale Nov 2023 · $5,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Hidden Hills Village offers 1,637 square feet of vacant retail space in a single-story building at 5402 Covington Hwy, Suite 5406-B, Decatur, GA 30035. This space is part of a larger 67,940 square foot, multi-tenant retail center situated at the high-traffic intersection of Covington Highway and S. Hairston Road, boasting over 45,000 vehicles daily. The property features excellent visibility and accessibility. This grocery-anchored shopping center includes a Family Dollar, a "Farmers Market"…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$112k
Tax billed · 2024
Assessed value$2.28M
Assessed land$114k
Assessed improvement$2.17M
Effective rate4.90%

Value estimate

· Oct 2026
$5.87M
$5.28M – $6.46M
AI approach$5.13M
Submarket $/SF estimate$4.83M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$114/SF
Submarket average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$56 – $178
Qualifying comparables3

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
JurisdictionDE KALB

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency34.3
Restaurant29.6
Building Supply28.8

Location

5402 Covington Hwy Decatur, GA 30035-2507
County assessor Recorded deeds · 3 transfers 3 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

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6125 Covington, Decatur, GA 30035-3828 $3,250,000 Jun 2022 17,127 SF
4950 Covington, Decatur, GA 30035 $1,150,000 Dec 2021 20,280 SF
2460 Wesley Chapel, Decatur, GA 30035-3401 $13,265,000 Aug 2021 87,500 SF
2440 Wesley Chapel, Decatur, GA 30035-3425 $13,265,000 Aug 2021 69,311 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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