1791 Walnut Ave Covington, GA 30014
For Sale
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This exceptional 5.67-acre commercial property in Covington, GA, presents a unique investment opportunity. Located on Walnut Ave, the property boasts a highly desirable C-1 Neighborhood Commercial zoning, ensuring versatility for a wide range of businesses. The site includes a 1,722 square foot building, adaptable for office or retail use, and a 30x40 metal shop with electricity. A substantial 3.5-acre open lot provides ample space for parking, storage, or future expansion. All utilities are readily available, including water, sewer, gas, and high-speed internet. This prime location benefits from a daily traffic count of 14,500 vehicles, significantly enhanced by its proximity to a newly approved DOT roundabout at the Hwy 138 & Hwy 81 intersection. The property's strategic positioning within the rapidly growing Walnut Grove area, near major commercial developments, makes it ideal for a retail store, self-storage facility, restaurant, or other commercial ventures. The potential for assemblage with neighboring tracts further enhances its long-term value. This is a rare chance to acquire a substantial commercial property in a thriving market. The asking price is $715,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.