10533 Flat Shoals Rd Covington, GA
Georgia Premier Real Estate Advisors is pleased to offer this 1.898-acre commercial redevelopment opportunity located on the hard corner of Flat Shoals Road and Covington Bypass in Covington, GA. Featuring approximately 200 feet of frontage along Flat Shoals Road and over 400 feet of frontage on Covington Bypass, this highly visible corner tract sits at a fully signalized intersection with strong traffic exposure from multiple directions. The property has been recently surveyed and offers relatively flat topography, creating an efficient canvas for future development. Currently zoned residential, the site presents strong commercial or retail redevelopment potential, subject to rezoning and local approvals. An existing home on the property provides the option for adaptive reuse as office or commercial space, or the improvements can be removed to make way for a new development. Rarely do corner sites with this level of frontage, visibility, and flexibility become available in one of Covington's fastest-growing commercial corridors. All utilities available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.