11377 Brown Brg Rd Covington, GA 30016-3368
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Covington, GACovington. Always verify with local authorities before improvements.
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.