Technical
Financial
Distress signals
Property profile

3423 Covington Dr Decatur, GA 30032

OFF-MARKET
Strip malls
Property ID
US22-0877958
7,200 SF 1.43 ac lot Built 1975
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1975
Total area 7,200 SF
Lot 1.43 ac (62,291 SF)
Zoning code C1
APN 15 219 07 027
UPID US22-0877958

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
  • Bakery Specialty Food Shop
  • Association Or Organization
  • Training Center
  • Auto Repair Shop
  • Charitable Organization Volunteer Organization

Location

3423 Covington Dr Decatur, GA 30032-1846
Decatur metro Census 23107 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.28M
Blend (final) Blend
$340k

Owner & transaction history

since 2015
5 recorded transactions
2022
Price N/A
2019
Price N/A
2015
$1.6M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C1 · Decatur, 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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