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    Property profile & analytics

    3559 Salem Rd Covington, GA 30016-1718

    • Grocery and convenience stores
    • 7,440 SF
    • 49.77 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 15, 2022
    Location Intelligence
    Property ID
    US22-1954019
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 3559 Salem Rd

    Year built
    1989
    Construction
    WOOD
    Lot size
    49.77 lot acres
    Property size
    7,440 SF
    Zone code
    C1
    Property type
    Grocery and convenience stores
    APN
    00120-00000-034-000
    APU
    12000000034000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    Newton
    State
    Georgia
    Longitude
    -83.9738
    Latitude
    33.5945
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $30,813
    $857,200
    $278,400
    $1,135,600
    -
    $2,143,000
    $696,000
    $2,839,000

    Comparable in this City

    • Value Estimation
      $420,000
      4,000 SF

      2527 Hwy 81st S

      CONVENIENCE STORE • 4,000 SF
      2527 Hwy 81st S, Covington, GA 30016-8607
      View Details
    • Value Estimation
      $2,455,000
      7,610 SF

      11406 Brown Brg Rd

      CONVENIENCE STORE • 7,610 SF
      11406 Brown Brg Rd, Covington, GA 30016-3425
      View Details
    • Value Estimation by Request
      21,000 SF

      11377 Brown Brg Rd

      GROCERY, SUPERMARKET • 21,000 SF
      11377 Brown Brg Rd, Covington, GA 30016-3368
      View Details
    • Value Estimation by Request
      2,478 SF

      50 Morningside Dr

      CONVENIENCE STORE • 2,478 SF
      50 Morningside Dr, Covington, GA 30016-4620
      View Details
    • Value Estimation
      $455,000
      1,242 SF

      4230 Salem Rd

      CONVENIENCE STORE • 1,242 SF
      4230 Salem Rd, Covington, GA 30016-4533
      View Details
    • Value Estimation
      $275,000
      4,200 SF

      3300 Hwy 81st S

      CONVENIENCE STORE • 4,200 SF
      3300 Hwy 81st S, Covington, GA 30016-7519
      View Details

    Similar Nearby for Sale

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      1.31 Acres

      Covington, GA Pad-Ready Site

      1.31 Acres, Prime Commercial Location
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      31.84 Acres

      Georgia Farmland: 31.84 Acres

      Prime Newton County acreage, Yellow River frontage.
      0 Rocky Plains Rd, Covington, GA 30016
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    • $3,500,000
      153.00 Acres

      Covington, GA Commercial Land

      153 Acres, Prime Development Site
      162 Hwy 212 & Hwy, Covington, GA 30016
      View Details
    • $69,999
      0.42 Acres

      Ready-to-Build Corner Lot

      Spacious corner lot ready for construction in Covington, Georgia.
      245 Camerons Way, Covington, GA 30016
      View Details
    • $125,000
      0.49 Acres

      Commercial Lot Near Kroger

      Commercial land for sale near Hwy 20/212 in Covington.
      5240 Highway 20 S, Covington, GA 30016
      View Details
    • $215,000
      2.45 Acres

      Covington Multifamily Investment Opportunity

      2.45-acre property with three income-generating units and development potential.
      940 Mote Rd, Covington, GA 30016
      View Details

    Similar Nearby for Lease

    • New
      $2,100 /Mo
      1,500 SF

      Covington Industrial Flex Space Available

      Versatile 1,500 SF industrial space in Covington, GA for lease.
      40 Chamisa Rd, Covington, GA 30016
      View Details
    • New
      $2,100 /Mo
      111,949 SF

      Versatile Industrial Space Near I-20

      1,500 SF industrial suite in Covington, near I-20.
      40 Chamisa Rd, Covington, GA 30016
      View Details
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    3559 Salem Rd
    Covington, GA 30016-1718
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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