Property profile

10055 Eagle Dr Covington, GA 30014

FOR SALE
Grocery and convenience stores
Property ID
US22-2461649
7,176 SF 1.22 ac lot Built 2001
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2001
Construction CONCRETE
Total area 7,176 SF
Lot 1.22 ac (53,143 SF)
Zoning code C1
APN 00830-00000-077-A00
UPID US22-2461649

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop
  • Gas Station
  • Gas Station
  • Gas Station

Location

10055 Eagle Dr Covington, GA 30014
Covington metro Census 100301 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.89M
CAP Approach CAP
$1.78M
Comparable Approach Comparable
$1.94M
Blend (final) Blend
$1.74M

Owner & transaction history

since 2025
Last sale
$2.4M
3 recorded transactions
2025
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C1 · Covington, GA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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?”
More about this property
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