4162 Baker NE St Covington, GA 30014-1404
Property Lookup
Property profile & analytics
4162 Baker NE St Covington, GA 30014-1404
- Medical Office Space
- 3,000 SF
- 0.07 lot acres
Property ID
US22-1230079
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.
Location Intelligence
Current Use by Public Records
- Medical Office Space
Property Details for 4162 Baker NE St
- Year built
- 2007
- Construction
- STEEL & CONCRETE
- Lot size
- 0.07 lot acres
- Property size
- 3,000 SF
- Zone code
- C1
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- C0220-00010-003-B00
- APU
- C022000010003B00
Description
This exceptional 7,000 square foot medical office building, located at 4162 Baker Street in Covington, Georgia (zip code 30014), presents a compelling investment opportunity. Built in 2007 and renovated in 2021, the property boasts a 100% occupancy rate with two strong tenants: Amedisys Home Health Care and Covington Family Dentistry. Amedisys, a national leader with a significant presence across 38 states and 537 locations, provides a robust corporate guarantee. The building offers a specialized buildout perfectly suited for its current tenants. Covington Family Dentistry, a long-standing tenant, is on a short-term lease, presenting a potential opportunity for improved lease terms with a new owner. The property generates a substantial net operating income (NOI) of $123,750, resulting in a 7.50% cap rate. The asking price is $1,650,000, translating to $235.71 per square foot. Strategically located approximately 0.5 miles from Piedmont Newton Hospital, the building benefits from a large population base of over 157,000 people within a 10-mile radius. The property's tenant mix, including a recession-proof dentistry practice with a low default rate, contributes to its strong financial performance and long-term stability. No lease options are currently available.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Covington
- County
- Newton
- State
- Georgia
- Longitude
- -83.8529
- Latitude
- 33.6045
- 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
$4,268
$6,600
$124,720
$131,320
-
$16,500
$311,800
$328,300
