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Property profile & analytics
FOR LEASE
Office Spaces

2180 NE Elm St NE Covington, GA 30014

4,483 SF 1.2 ac lot Built 1967
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US22-2738111
Property summary
AI-generated overview

This exceptional executive office suite, located at 2180 NE Elm Street NE in Covington, Georgia (30014), offers 150 square feet of well-appointed space perfect for a single tenant. Situated on a 1.02-acre lot, this single-building property boasts convenient amenities including paved parking, access to a conference room and training room, a shared kitchen/break area, and three restrooms. The building is professionally staffed Monday through Friday, and provides 24-hour secure tenant access. Monthly rent is $500, with utilities included. The standard office space measures approximately 12' x 12'. This ideal Covington location offers easy access to the town square, Highway 278 corridor, and Interstate 20. The property is zoned CM and has an APN of C021000010007000. This is a single-tenant occupancy property with no additional suites within the building.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1967
Total area 4,483 SF
Lot 1.2 ac (52,272 SF)
Zoning code C1
APN C0210-00010-007-000
UPID US22-2738111
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$840k
Comparable Approach Comparable
$723k
Blend (final) Blend
$760k
Owner & transaction history
Alexander Cre LLC · 2 yrs held
Alexander Cre LLC
since 2024
3 recorded transactions
2024
Price N/A
2019
Price N/A
1969
Price N/A
Zoning & alternative use
C1 · Covington, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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