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    4283 Salem Rd Covington, GA 30016-7901
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    Property profile & analytics

    4283 Salem Rd, Covington, GA 30016-7901

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    • Car washes
    • 2,358 SF
    • 1.51 lot acres
    Off-Market
    Last Sale Oct 26, 2021
    $5,161,290
    Property ID
    US22-0274915
    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.

    Value Estimations
    $5,155,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Car washes

    Property Details for 4283 Salem Rd

    Year built
    2021
    Construction
    STEEL FRAME
    Lot size
    1.51 lot acres
    Property type
    Car washes
    APN
    00130-00000-123-A00
    APU
    0013000000123A00

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 26, 2021 $5,161,290 Mdc Coastal 1 LLC Tw Salem Real Estate LLC Warranty Deed —

    Description

    This exceptional 1.31-acre commercial pad-ready site in Covington, Georgia, presents a remarkable investment opportunity. Located at 4283 Salem Road, this property boasts convenient access to major thoroughfares and is situated within a thriving commercial node. The site is zoned for commercial use and is equipped with readily available utilities, making it ideal for immediate development. Its strategic location offers high visibility and accessibility, benefiting from significant traffic volume on Salem Road (20,400 vehicles per day) and Brown Bridge Road (15,100 vehicles per day). The property's proximity to a Publix Shopping Center, with existing access to a traffic light and a planned future light at the nearby Walmart, ensures exceptional exposure to a large customer base. This prime location is further enhanced by its adjacency to numerous established businesses, including McDonald's, Chick-fil-A, Zaxby's, Wendy's, and CVS, creating a synergistic environment for new commercial ventures. The site's location between Covington and Conyers, surrounded by residential development, guarantees a strong and consistent customer base. The asking price for this exceptional property is $995,000. The property's APN is 0013000000123000. This is a rare opportunity to acquire a fully prepared site in a high-traffic, high-growth area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $5,025,000
      ML approach
      $5,265,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    Newton
    State
    Georgia
    Longitude
    -83.9633
    Latitude
    33.576
    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
    $24,655
    $236,440
    $672,200
    $908,640
    -
    $591,100
    $1,680,500
    $2,271,600
    More about this property
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