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    Property profile & analytics

    3858 Covington Hwy Decatur, GA 30032-2603

    • Grocery and convenience stores
    • 6,210 SF
    • 5.42 lot acres
    OFF-MARKET
    Value Estimation
    $4,210,000
    Last Sale
    Jul 30, 2020
    $3,500,000
    Location Intelligence
    Property ID
    US22-1537979
    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

    • Circle K / Convenience Store / Gas Station
    • Krispy Krunchy Chicken / Restaurant
    • Bitcoin Depot ATM / Atm
    • Bitcoin Depot | Bitcoin ATM / Atm / Crypto Atm
    • ATM (ATM Link, Inc.) / Atm

    Property Details for 3858 Covington Hwy

    Year built
    2012
    Construction
    WOOD FRAME
    Lot size
    5.42 lot acres
    Property size
    6,210 SF
    Zone code
    X
    Property type
    Grocery and convenience stores
    APN
    15 220 05 035
    APU
    1522005035

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,475,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,505,000
      6.5%
      $3,405,000
      7%
      $3,760,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,895,000
      Geo Method
      $3,655,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,035,000
      Retail
      $3,860,000
      Mixed-Use
      $3,465,000
      Hospitality
      $2,985,000
      Educational
      $3,410,000
      Residential Income
      $3,585,000
      Energy
      $2,905,000
      Income-Based Land
      $3,885,000
      Food Service
      $3,610,000

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.2407
    Latitude
    33.7602
    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
    2024
    $72,895
    $480,000
    $1,020,000
    $1,500,000
    -
    $1,200,000
    $2,550,000
    $3,750,000

    Comparable in this City

    • Value Estimation by Request
      3,636 SF

      4544 Glenwood Rd

      CONVENIENCE STORE • 3,636 SF
      4544 Glenwood Rd, Decatur, GA 30032-5199
      View Details
    • Value Estimation
      $700,000
      1,902 SF

      3364 Glenwood Rd

      CONVENIENCE STORE • 1,902 SF
      3364 Glenwood Rd, Decatur, GA 30032-4274
      View Details
    • Value Estimation
      $400,000
      1,152 SF

      3697 Memorial Dr

      CONVENIENCE STORE • 1,152 SF
      3697 Memorial Dr, Decatur, GA 30032-2729
      View Details
    • Value Estimation
      $525,000
      2,680 SF

      4101 Memorial Dr

      CONVENIENCE STORE • 2,680 SF
      4101 Memorial Dr, Decatur, GA 30032-1804
      View Details
    • Value Estimation by Request
      3,838 SF

      3557 Memorial Dr

      CONVENIENCE STORE • 3,838 SF
      3557 Memorial Dr, Decatur, GA 30032-2711
      View Details
    • Value Estimation
      $480,000
      1,808 SF

      2399 Columbia Dr

      CONVENIENCE STORE • 1,808 SF
      2399 Columbia Dr, Decatur, GA 30032-6800
      View Details

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      Commercial building on Glenwood Road with development and growth potential.
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    Similar Nearby for Lease

    • Contact for pricing
      2,400 SF

      Retail Space in Chelsea's Plaza

      2,400 SF retail/office space available in Decatur, GA.
      3423-3709 Covington Dr, Decatur, GA 30032
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    • $1,770 /Mo
      1,350 SF

      Turnkey Salon Suites in Decatur

      Fully furnished salon suites available for lease assumption in Decatur.
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    • New
      $9,000 /Mo
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      Decatur Commercial Building For Lease

      Freestanding commercial building with excellent visibility and flexible layout.
      1272 Columbia Dr, Decatur, GA 30032
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    • $9,000 /Mo
      31,015 SF

      Decatur Commercial Building For Lease

      Freestanding building with flexible layout and high visibility.
      1272 Columbia Dr, Decatur, GA 30032
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    • Contact for pricing
      274,518 SF

      Decatur Retail Space: Belvedere Plaza

      Prime Decatur retail, multiple spaces available.
      3479 Memorial Dr, Decatur, GA 30032
      View Details
    • Contact for pricing

      Retail Space I-285 and Memorial

      Retail space available at I-285 and Memorial Drive.
      4570 Memorial Dr, Decatur, GA 30032
      View Details
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    Decatur, GA 30032-2603
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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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