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Property profile & analytics
OFF-MARKET Estimated value $1,075,000
Grocery and convenience stores

11377 Brown Brg Rd Covington, GA 30016-3368

21,000 SF 3.16 ac lot Built 1996
Individually Owned ~ Est. High Equity
Property ID
US22-1660087
Property summary
AI-generated overview

This exceptional 21,000 square foot freestanding retail building presents a lucrative investment opportunity in Covington, GA's rapidly expanding Newton County. Situated on a highly visible corner lot with 139 feet of frontage on Brown Bridge Road and 192 feet on Upper River Road, this property boasts 3.16 acres of land. The building has served as a thriving local grocery store for over three decades, establishing a strong presence within the community. Features include convenient loading docks and a spacious paved parking lot, ensuring ease of access and operation. Zoned for General Commercial District use, this property offers versatility beyond its current application. The Newton County Future Land Use map designates this area as Established Suburban Core, opening doors to a variety of commercial ventures. The property's strategic location benefits from the construction of over 5,000 new homes within a 5-mile radius, guaranteeing a substantial and growing customer base. This prime location offers unparalleled potential for business growth and significant return on investment. The land and buildings are being sold together.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1996
Construction STEEL FRAME
Total area 21,000 SF
Lot 3.16 ac (137,650 SF)
Zoning code C1
APN 00440-00000-110-C00
UPID US22-1660087
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.31M
Blend (final) Blend
$1.08M
Owner & transaction history
James C Bell
James C Bell
since 2025
Last sale
$1.5M
7 recorded transactions
2025
Price N/A
2025
$1.5M
2021
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C1 · Covington, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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