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Property profile & analytics
OFF-MARKET Estimated value $4,525,000
Office buildings

4319 Covington Hwy Decatur, GA 30035-1210

44,910 SF 3.5 ac lot Built 1974
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-0189476
Property summary
AI-generated overview

North Office Park, located at 4319 Covington Hwy in Decatur, Georgia (zip code 30035), offers a variety of executive, medical, and traditional office spaces within a newly renovated 46,350 square foot building in DeKalb County. The property features flexible floor plans with a minimum divisible space of 500 square feet, and currently has 5,000 square feet of vacant space available. The building boasts modern renovations, including high-quality finishes and state-of-the-art infrastructure, along with high-speed internet access and ample parking. Tenants enjoy 24/7 access and a professional environment with shared amenities. The convenient location on Covington Highway provides easy access to major highways and public transportation. The building also offers beautifully landscaped green spaces. Available suites range in size, accommodating businesses of various sizes, from small start-ups to larger corporations. The building's design promotes productivity and growth, creating an ideal workspace for a diverse range of businesses. This is a multi-tenant building with a variety of suite sizes to meet your needs.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1974
Construction STEEL FRAME
Total area 44,910 SF
Lot 3.5 ac (152,460 SF)
Zoning code OD
APN 15 196 03 021
UPID US22-0189476
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Diamond Residential Mortgage Corporation Loan Service Bank
  • Poinsette Tax & Accounting Services, LLC Tax Preparation
  • Walter Blackmon Insurance Insurance Agency
  • Babalola Isaac O Law Firm
  • Care Counseling & Psychological Counselor Psychologist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.63M
Blend (final) Blend
$4.53M
Owner & transaction history
4319 Covington Hwy LLC · 3 yrs held
4319 Covington Hwy LLC
since 2022
3 recorded transactions
2022
Price N/A
2020
Price N/A
2020
$1.7M
Zoning & alternative use
OD · Decatur, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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