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    Property profile & analytics

    4502 Covington Hwy Decatur, GA 30035-1201

    • Investment properties
    • 1,152 SF
    • 2.80 lot acres
    OFF-MARKET
    Value Estimation
    $165,000
    Last Sale
    Apr 23, 2021
    $113,000
    Location Intelligence
    Property ID
    US22-4555483
    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

    • Investment properties

    Property Details for 4502 Covington Hwy

    Year built
    1950
    Lot size
    2.80 lot acres
    Property size
    1,152 SF
    Zone code
    C-1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    15 195 08 039
    APU
    1519508039

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.2204
    Latitude
    33.7477
    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
    $2,398
    $41,120
    $4,080
    $45,200
    -
    $102,800
    $10,200
    $113,000

    Comparable in this City

    • Value Estimation by Request
      651 SF

      5101 Covington Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 651 SF
      5101 Covington Hwy, Decatur, GA 30035-2024
      View Details
    • Value Estimation
      $320,000
      1,502 SF

      4440 Covington Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 1,502 SF
      4440 Covington Hwy, Decatur, GA 30035-1212
      View Details
    • Value Estimation
      $280,000
      1,115 SF

      4426 Covington Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 1,115 SF
      4426 Covington Hwy, Decatur, GA 30035-1212
      View Details
    • Value Estimation
      $210,000
      1,680 SF

      4394 Covington Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 1,680 SF
      4394 Covington Hwy, Decatur, GA 30035-1208
      View Details
    • Value Estimation
      $235,000
      1,454 SF

      2554 Wesley Chapel Way

      OFFICE/RESIDENTIAL (MIXED USE) • 1,454 SF
      2554 Wesley Chapel Way, Decatur, GA 30035-3407
      View Details
    • Value Estimation
      $310,000
      1,376 SF

      1963 Wesley Chapel Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,376 SF
      1963 Wesley Chapel Rd, Decatur, GA 30035-1904
      View Details

    Similar Nearby for Sale

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      Prime commercial lot in Decatur, GA with Office-Institutional zoning.
      5160 Covington Hwy, Decatur, GA 30035
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    • $1,800,000
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      Prime Commercial Opportunity on Covington Highway

      2.5 acres with high visibility and road frontage.
      5907 Covington Hwy, Decatur, GA 30035
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    Similar Nearby for Lease

    • Contact for pricing
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      4355 Covington Hwy, Decatur, GA 30035
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      1,425 SF

      Prime Decatur Retail Opportunity

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      4906 Covington Hwy, Decatur, GA 30035
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      40,804 SF

      Decatur Industrial Flex Building

      40,804 sq ft industrial flex building on 4 acres.
      5200 Panola Industrial Blvd, Decatur, GA 30035
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      12,603 SF

      Decatur Warehouse Space Available

      12,603 sq ft warehouse space for rent near I-20.
      5240 Panola Industrial Blvd, Decatur, GA 30035
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    • $18 SF/Yr
      1,200 SF

      Snapfinger Retail Space For Lease

      Prime Dekalb County retail space available.
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      View Details
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    4502 Covington Hwy
    Decatur, GA 30035-1201
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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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