1902 Old Covington SW Hwy Conyers, GA 30012-3920
This exceptional 3,215 square foot commercial building presents a rare investment opportunity in the thriving Conyers, Georgia market. Situated on a 1.07-acre lot, this all-brick structure offers ample parking for tenants and visitors. Currently, two established businesses occupy the ground floor, generating immediate rental income. The upper level provides significant additional space, ideal for expansion of existing operations, accommodating a new tenant, or serving as owner-occupied space. The building's versatile layout includes a dedicated conference room, a convenient storage room, a comfortable breakroom, a welcoming receptionist area, and five well-appointed bathrooms. The property's location in Conyers offers excellent visibility and accessibility, making it an attractive proposition for a variety of businesses. Its features are particularly well-suited for professional services, such as real estate or legal offices, or executive suites. This turnkey investment promises strong returns and long-term growth potential in a desirable commercial area. The asking price is $425,000. Don't miss this chance to acquire a high-quality commercial property with established income and significant upside.
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Penna & Mendicino Law Firm
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M1 · Conyers, GACosts & 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.