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    Property profile & analytics

    1186 Clark SW St Covington, GA 30014-2311

    • Retail space
    • 5,346 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US22-0644728
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 1186 Clark SW St

    Year built
    1886
    Construction
    STEEL FRAME
    Lot size
    0.34 lot acres
    Property size
    5,346 SF
    Zone code
    C1
    Property type
    Retail space
    APN
    C0260-00040-001-000
    APU
    C026000040001000

    Description

    This exceptional 10,484-square-foot retail property at 1186 Clark Street SW in Covington, Georgia, presents a unique investment opportunity. Built in 1886, this single-story building sits on a 0.34-acre lot and is zoned C1, offering considerable flexibility for a variety of commercial uses. Currently entirely vacant, the space is ideal for multiple tenants, with the potential to be subdivided. The property features a total of four parking spaces. The building's size allows for a wide range of possibilities, including restaurants, event venues, stores, breweries, grocery stores, markets, or office spaces. Its prime downtown Covington location ensures high visibility and accessibility, placing it within the heart of a thriving community. The substantial square footage provides ample room for expansion and customization to suit specific business needs. This property offers a rare chance to establish a presence in a desirable and rapidly growing area. The property's historical charm combined with its modern potential makes it an attractive proposition for entrepreneurs and investors alike. The address is 1186 Clark Street SW, Covington, GA 30014, and the APN is C026000040001000.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $375,000
      6.5%
      $430,000
      7%
      $405,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $450,000
      Geo Method
      $380,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $415,000
      Retail
      $430,000
      Mixed-Use
      $415,000
      Hospitality
      $385,000
      Educational
      $355,000
      Residential Income
      $430,000
      Energy
      $435,000
      Income-Based Land
      $435,000
      Food Service
      $440,000

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    Newton
    State
    Georgia
    Longitude
    -83.8623
    Latitude
    33.5972
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,379
    $30,200
    $166,080
    $196,280
    -
    $75,500
    $415,200
    $490,700

    Comparable in this City

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    • Value Estimation
      $270,000
      5,000 SF

      10708 Covington By Pass Rd

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    • Value Estimation
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      10700 Eagle Dr

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    • Value Estimation
      $100,000
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      5101 Floyd NE St

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      $685,000
      20,320 SF

      11200 Hwy 142

      RETAIL STORES (PERSONAL SERVICES) • 20,320 SF
      11200 Hwy 142, Covington, GA 30014
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    • Value Estimation
      $275,000
      5,000 SF

      10714 Hwy 36

      RETAIL STORES (PERSONAL SERVICES) • 5,000 SF
      10714 Hwy 36, Covington, GA 30014-4067
      View Details

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    1186 Clark SW St
    Covington, GA 30014-2311
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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