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    Property profile & analytics

    4907 Covington Hwy Decatur, GA 30035-2014

    • Commercial land
    • 2,501 SF
    • 0.65 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 23, 2021
    $825,000
    Location Intelligence
    Property ID
    US22-2011184
    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

    • The Life Center / Religious Institution

    Property Details for 4907 Covington Hwy

    Lot size
    0.65 lot acres
    Property size
    2,501 SF
    Zone code
    X
    Property type
    Commercial land
    APN
    15 163 03 043
    APU
    1516303043

    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
    -84.2143
    Latitude
    33.7344
    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
    $5,630
    $115,520
    $0.00
    $115,520
    -
    $288,800
    $0.00
    $288,800

    Comparable in this City

    • Value Estimation by Request
      0.11 Acres

      4437 Covington Hwy

      VACANT COMMERCIAL LAND • 14,970 SF
      4437 Covington Hwy, Decatur, GA 30035-1214
      View Details
    • Value Estimation by Request
      4.98 Acres

      4522 Glenhaven Dr

      VACANT COMMERCIAL LAND • 1,476 SF
      4522 Glenhaven Dr, Decatur, GA 30035
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    • Value Estimation by Request
      0.60 Acres

      4139 Snapfinger Way

      VACANT COMMERCIAL LAND • 3,263 SF
      4139 Snapfinger Way, Decatur, GA 30035-2712
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    • Value Estimation by Request
      0.19 Acres

      5024 Snapfinger Woods Dr

      VACANT COMMERCIAL LAND • 3,737 SF
      5024 Snapfinger Woods Dr, Decatur, GA 30035
      View Details
    • Value Estimation by Request
      1.58 Acres

      Hairston Rd

      VACANT COMMERCIAL LAND • 86,930 SF
      Hairston Rd, Decatur, GA 30035
      View Details
    • Value Estimation by Request
      0.72 Acres

      2570 Wesley Chapel Rd

      VACANT COMMERCIAL LAND • 970 SF
      2570 Wesley Chapel Rd, Decatur, GA 30035-3405
      View Details

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      Prime commercial lot in Decatur, GA, with Office-Institutional zoning.
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    Similar Nearby for Lease

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      Prime Decatur Retail Opportunity

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      2550 Park Central Blvd

      Distribution properties • 59,050 SF
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      View Details
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    4907 Covington Hwy
    Decatur, GA 30035-2014
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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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