Technical
Financial
Distress signals
Property profile

4355 Covington Hwy Decatur, GA 30035

OFF-MARKET
Office buildings
Property ID
US22-0192434
1,380 SF 2 ac lot Built 1956
Individually Owned 22-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 1,403 square foot commercial property, located at 4355 Covington Highway in Decatur, Georgia, presents a unique investment opportunity. The single-tenant office building is situated in a high-traffic area of DeKalb County, offering excellent visibility and accessibility. Its strategic location near I-285 ensures convenient access to major transportation arteries, including the Indian Creek MARTA station, facilitating seamless commutes for employees and clients. The property benefits from its proximity to the vibrant Decatur Square, a renowned destination for dining and entertainment, and the recreational attractions of Stone Mountain Park. This combination of convenient location, ample space, and strong surrounding amenities makes this property ideal for a variety of businesses seeking a thriving commercial environment within easy reach of downtown Atlanta. The property is classified as both Office and Land, offering potential for future development or expansion. The single-suite building provides a self-contained and efficient workspace. This is a rare opportunity to acquire a well-positioned commercial property in a highly desirable and rapidly developing area of metro Atlanta. The property's location on one of DeKalb County's busiest streets ensures high visibility and potential for significant foot traffic. This makes it an attractive option for businesses seeking a strong presence in a bustling commercial district.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1956
Total area 1,380 SF
Lot 2 ac (87,120 SF)
Zoning code OD
APN 15 196 03 010
UPID US22-0192434

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
  • Insurance Agency

Location

4355 Covington Hwy Decatur, GA 30035-1209
Decatur metro Census 23108 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

Zoning & alternative use

OD · Decatur, 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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