10055 Eagle Dr Covington, GA 30014
- Grocery and convenience stores
- 7,176 SF
- 1.22 lot acres
Current Use by Public Records
- Grocery and convenience stores
Property Details for 10055 Eagle Dr
- Year built
- 2001
- Construction
- CONCRETE
- Lot size
- 1.22 lot acres
- Property size
- 7,176 SF
- Zone code
- C1
- Property type
- Grocery and convenience stores
- APN
- 00830-00000-077-A00
- APU
- 0083000000077A00
Description
This exceptional commercial real estate offering encompasses over 25 acres of land, strategically divided into six parcels. Ideally situated in Covington, Georgia, this property boasts a highly desirable location just 2.5 miles from Interstate 20, providing unparalleled access to major transportation arteries and a large potential customer base. The zoning designation is a blend of Commercial and Planned Unit Development (PUD), offering significant flexibility for a wide range of development possibilities. This presents a unique chance to capitalize on the growing commercial landscape of Covington. The expansive acreage allows for substantial development potential, whether it's a large-scale retail center, mixed-use development, or a combination of both. The proximity to I-20 ensures high visibility and convenient access for both employees and customers. This property is an excellent investment opportunity for developers and investors seeking a prime location with significant growth potential in a thriving Georgia market. The six individual parcels offer flexibility in development plans, allowing for phased construction or the sale of individual lots. Detailed zoning information and development guidelines are available upon request. This is a rare opportunity to acquire a substantial land holding in a rapidly developing area. Don't miss this chance to secure a prime piece of Covington's commercial future.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,740,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,330,000
- 6.5%
- $2,080,000
- 7%
- $2,245,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,380,000
- Geo Method
- $2,080,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,125,000
- Retail
- $2,710,000
- Mixed-Use
- $2,515,000
- Hospitality
- $2,500,000
- Educational
- $2,760,000
- Residential Income
- $2,200,000
- Energy
- $2,280,000
- Income-Based Land
- $2,280,000
- Food Service
- $2,475,000
Location Insight
- Map
- Local Demand
- City
- Covington
- County
- Newton
- State
- Georgia
- Longitude
- -83.8397
- Latitude
- 33.5743
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
