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    Property profile & analytics

    4518 Covington Hwy Decatur, GA 30035-1201

    • Day care centers
    • 6,500 SF
    • 0.36 lot acres
    OFF-MARKET
    Value Estimation
    $1,705,000
    Last Sale
    Jan 10, 2023
    $1,700,000
    Location Intelligence
    Property ID
    US22-0916484
    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

    • All Star Kids Academy / Day Care Center

    Property Details for 4518 Covington Hwy

    Year built
    1972
    Construction
    WOOD FRAME
    Lot size
    0.36 lot acres
    Property size
    6,500 SF
    Zone code
    OI
    Property type
    Day care centers
    APN
    15 195 08 078
    APU
    1519508078

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,750,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,440,000
      6.5%
      $1,650,000
      7%
      $1,600,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,530,000
      Geo Method
      $1,450,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,530,000
      Retail
      $1,790,000
      Mixed-Use
      $1,835,000
      Hospitality
      $1,505,000
      Educational
      $1,865,000
      Residential Income
      $1,845,000
      Energy
      $1,530,000
      Income-Based Land
      $1,790,000
      Food Service
      $1,430,000

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.2202
    Latitude
    33.7464
    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
    $11,476
    $22,186
    $162,694
    $184,880
    -
    $55,464
    $406,736
    $462,200

    Comparable in this City

    • Value Estimation
      $255,000
      4,400 SF

      4441 Covington Hwy

      DAY CARE, PRE-SCHOOL • 4,400 SF
      4441 Covington Hwy, Decatur, GA 30035-1214
      View Details
    • Value Estimation
      $330,000
      5,100 SF

      4138 Snapfinger Woods Dr

      DAY CARE, PRE-SCHOOL • 5,100 SF
      4138 Snapfinger Woods Dr, Decatur, GA 30035-3411
      View Details
    • Value Estimation
      $410,000
      15,151 SF

      4484 Covington Hwy

      DAY CARE, PRE-SCHOOL • 15,151 SF
      4484 Covington Hwy, Decatur, GA 30035-1203
      View Details
    • Value Estimation
      $220,000
      4,610 SF

      1901 Bodwin Pl

      DAY CARE, PRE-SCHOOL • 4,610 SF
      1901 Bodwin Pl, Decatur, GA 30035-1839
      View Details
    • Value Estimation
      $165,000
      982 SF

      1935 Wesley Chapel Rd

      DAY CARE, PRE-SCHOOL • 982 SF
      1935 Wesley Chapel Rd, Decatur, GA 30035-1902
      View Details
    • Value Estimation
      $1,385,000
      7,818 SF

      5341 Snapfinger Park Dr

      DAY CARE, PRE-SCHOOL • 7,818 SF
      5341 Snapfinger Park Dr, Decatur, GA 30035-4041
      View Details

    Similar Nearby for Sale

    • $299,000
      Pending

      Established Daycare Center Opportunity

      Commercial property ideal for childcare or other ventures in Decatur.
      1935 Wesley Chapel Rd, Decatur, GA 30035
      View Details
    • $4,290,000
      35,000 SF

      Decatur Church/School - $4.29M

      35,000 SF Decatur property, ideal for church or school.
      1600 Agape Way, Decatur, GA 30035
      View Details
    • $1,800,000
      1,546 SF

      Prime Commercial Opportunity on Covington Highway

      2.5 acres with high visibility and road frontage.
      5907 Covington Hwy, Decatur, GA 30035
      View Details
    • Contact for pricing
      37.78 Acres

      Decatur Development Land

      37.78 Acres, Multifamily Potential
      4674 Snapfinger Woods Dr, Decatur, GA 30035
      View Details
    • $250,000
      1.57 Acres

      Decatur Residential Land Opportunity

      1.57-acre residential lot near I-285 and I-20.
      4819 Glenwood Rd, Decatur, GA 30035
      View Details
    • Contact for pricing
      0.48 Acres

      Residential Land in Decatur, GA

      Land available for building a home near shopping and dining.
      4508 Denise Dr, Decatur, GA 30035
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      22,070 SF

      Prime Manufacturing Space Available

      22,070 SF Industrial Building, I-20 Access
      5365 Dividend Dr, Decatur, GA 30035
      View Details
    • Contact for pricing
      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
      View Details
    • $18 SF/Yr
      1,200 SF

      Snapfinger Retail Space For Lease

      Prime Dekalb County retail space available.
      4943 Snapfinger Woods Dr, Decatur, GA 30035
      View Details
    • Contact for pricing
      67,940 SF

      Hidden Hills Village Retail Space

      Decatur, GA retail space available.
      5402 Covington Hwy, Decatur, GA 30035
      View Details
    • $108 SF/Yr
      59,050 SF

      2550 Park Central Blvd

      Distribution properties • 59,050 SF
      2550 Park Central Blvd, Decatur, GA 30035
      View Details
    • Contact for pricing
      10,193 SF

      Retail Space Near Pep Boys

      Retail space with prime exposure and ample parking available for rent.
      2059 S Hairston Rd, Decatur, GA 30035
      View Details
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    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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