Technical
Financial
Distress signals
Property profile

4906 Covington Hwy Decatur, GA 30035

OFF-MARKET
Turn key restaurants
Property ID
US22-0474316
1,100 SF 0.39 ac lot Built 1995
Individually Owned 16-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Decatur, Georgia retail property presents a unique investment opportunity. Situated on 0.39 acres at 4906 Covington Hwy, this single-tenant building boasts 1,425 square feet and is conveniently located adjacent to US Route 278 (Covington Highway). Built in 1995, the structure currently houses a former Pizza Hut and WingStreet restaurant, offering a blank canvas for a variety of commercial ventures. The property's C-2 zoning allows for diverse uses, aligning with the local comprehensive development plan. The 1-story building sits on a 0.39-acre lot (APN: 15 163 01 010), providing ample space for potential expansion or redevelopment. The entire 1,425 square feet is currently vacant, presenting immediate occupancy potential for a new tenant. This prime location in Decatur, GA (zip code 30035) offers excellent visibility and accessibility, making it an ideal investment for savvy entrepreneurs seeking a high-traffic area. The property's single-tenant nature simplifies management, while its size and location offer significant potential for future growth and return on investment. This is a rare opportunity to acquire a well-positioned retail property in a thriving market.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1995
Total area 1,100 SF
Lot 0.39 ac (16,988 SF)
Zoning code X
APN 15 163 01 010
UPID US22-0474316

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4906 Covington Hwy Decatur, GA 30035-2012
Decatur metro Census 23216 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2009
1 recorded transaction
2009
$287,000

Zoning & alternative use

X · 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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