Technical
Financial
Distress signals
Property profile

4950 Covington Hwy Decatur, GA 30035

OFF-MARKET
Strip malls
Property ID
US22-0482880
20,280 SF 2.43 ac lot Built 1988
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1988
Construction WOOD FRAME
Total area 20,280 SF
Lot 2.43 ac (105,851 SF)
Zoning code X
APN 15 162 02 018
UPID US22-0482880

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
  • (Bike/Boat/Book/etc) Store Cosmetic Store

Location

4950 Covington Hwy Decatur, GA 30035
Decatur metro Census 23216 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.22M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.13M
Blend (final) Blend
$1.17M

Owner & transaction history

since 2021
Last sale
$1.2M
4 recorded transactions
2021
$1.2M
2011
$463,000
1969
Price N/A
1969
Price N/A

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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