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    FOR SALE
    Commercial land

    1761 Walnut Ave Covington, GA 30014

    1,520 SF Built 1920
    Property ID
    US22-1810330
    1761 Walnut Ave, Covington, GA 30014 For Sale 1 / 27
    $465,000 1,520 SF
    1761 Walnut Ave, Covington, GA 30014
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    AI-generated overview

    2.5ac Commercial lot in the City of Walnut Grove is available and ready for development! 1761 Walnut Ave (aka 1761 GA Hwy 138), Covington, GA 30014. The house is on septic tank but city sewer is available. Property sits directly across from the City of Walnut Grove Downtown Planned Master Developmen ... t. The proposed Downtown Walnut Grove will be a mixed-use town center that will serve as a new focal point for growth and community development. Developments will provide a mix of retail, commercial, office, and residential space. There are also surrounding parcels zoned commercial for a potential assemblage. Walnut Grove and the GA DOT have also planned a double-lane roundabout at the red light which will improve traffic flow around the property. Contact Broker with questions on highest and best use or for a copy of the Walnut Grove Downtown Master Plan and/or the GA DOT Master Plan.

    Property profile
    Verified
    Property type Commercial land
    Year built 1920
    Total area 1,520 SF
    UPID US22-1810330
    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
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