Technical
Financial
Distress signals
Property profile

3600 Salem Rd Covington, GA 30016

OFF-MARKET
Strip malls
Property ID
US22-0432919
125,971 SF 23.84 ac lot Built 2007
Entity Owned 14-yr Hold Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Construction CONCRETE
Total area 125,971 SF
Lot 23.84 ac (1,038,470 SF)
Zoning code C1
APN 00130-00000-048-000
UPID US22-0432919

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
  • Barber Shop

Location

3600 Salem Rd Covington, GA 30016-4526
Covington metro Census 100503 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
by Request
Blend (final) Blend
$16.00M

Owner & transaction history

since 2011
5 recorded transactions
2020
Price N/A
2011
$8.5M
2010
$14.1M
2006
$2.8M
1969
Price N/A

Zoning & alternative use

C1 · Covington, 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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