Property profile

1597 Access Rd Covington, GA 30014

OFF-MARKET
Other office properties
Property ID
US22-2586173
1,392 SF 18 ac lot Built 1970
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is an industrial site with approximately 1 to 12 acres of outdoor storage capacity and an indoor space of about 3,000 square feet configured for leasing. It is set up for truck and trailer storage, container storage, industrial equipment storage, and bulk material storage, and includes a secured, lit, fenced perimeter. The outdoor ground surface is a 6-inch GAB (graded aggregate base), and the site is designed to accommodate approximately 400 trailers. The property is located roughly 1.1 miles from I-20 and about 21 miles from I-285.

Property profile

Verified
Property type Other office properties
Use group OFFICE (GENERAL)
Year built 1970
Total area 1,392 SF
Lot 18 ac (784,080 SF)
Zoning code C4
APN 00430-00000-004-K00
UPID US22-2586173

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
  • Parking Lot & Garage Gas Station

Location

1597 Access Rd Covington, GA 30014-1984
Covington metro Census 100506 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.99M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.45M

Owner & transaction history

since 2023
Last sale
$5.2M
7 recorded transactions
2023
$5.2M
2023
$5.3M
2017
$400,000
2017
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C4 · 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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