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    Property profile & analytics

    5004 Covington Hwy Decatur, GA 30035

    • Commercial land
    • 2.39 lot acres
    For Sale
    View listing
    $275,000
    Value Estimation
    Last Sale
    May 30, 2024
    $60,000
    Location Intelligence
    Property ID
    US22-0878054
    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

    • Commercial land

    Property Details for 5004 Covington Hwy

    Lot size
    2.39 lot acres
    Zone code
    R85
    Property type
    Commercial land
    APN
    15 162 03 012
    APU
    1516203012

    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
    -84.2103
    Latitude
    33.734
    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
    $507
    $9,080
    $0.00
    $9,080
    -
    $22,700
    $0.00
    $22,700

    Comparable in this City

    • Value Estimation by Request
      4.42 Acres

      2075 Covington Hairston Cor

      VACANT COMMERCIAL LAND • 3,392 SF
      2075 Covington Hairston Cor, Decatur, GA 30035
      View Details
    • Value Estimation by Request
      1.10 Acres

      4042 Snapfinger Way

      VACANT COMMERCIAL LAND • 740 SF
      4042 Snapfinger Way, Decatur, GA 30035-2709
      View Details
    • Value Estimation by Request
      7.84 Acres

      5300 Snapfinger Park Dr

      VACANT COMMERCIAL LAND • 15,047 SF
      5300 Snapfinger Park Dr, Decatur, GA 30035-4040
      View Details
    • Value Estimation by Request
      0.52 Acres

      4173 Snapfinger Woods Dr

      VACANT COMMERCIAL LAND • 3,560 SF
      4173 Snapfinger Woods Dr, Decatur, GA 30035-3412
      View Details
    • Value Estimation by Request
      2.74 Acres

      2665 Easterly Pl

      VACANT COMMERCIAL LAND • 25,162 SF
      2665 Easterly Pl, Decatur, GA 30035-4004
      View Details
    • Value Estimation by Request
      0.22 Acres

      4626 Glenwood Rd

      VACANT COMMERCIAL LAND • 1,215 SF
      4626 Glenwood Rd, Decatur, GA 30035-1628
      View Details

    Similar Nearby for Sale

    • $1,900,000
      79,998.00 Acres

      Decatur Commercial Land Opportunity

      High-visibility commercial land near Atlanta, zoned OI/C3.
      5102 Covington Hwy, Decatur, GA 30035
      View Details
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      Prime Development Land Near I-20

      42.35 acre site near I-20, ideal for development.
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      Prime Commercial Land Opportunity

      1.97-acre commercial lot in Stonecrest, GA with high visibility.
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      Decatur Commercial Land Opportunity

      Highly visible commercial land near I-20 and Covington Hwy.
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    • New
      $230,000
      2.88 Acres

      Decatur Commercial Lot on Covington

      Prime commercial lot in Decatur, GA, with high visibility.
      5160 Covington Hwy, Decatur, GA 30035
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    Similar Nearby for Lease

    • Contact for pricing
      1,425 SF

      Prime Decatur Retail Opportunity

      1,425 SF Restaurant, 0.39 Acres
      4906 Covington Hwy, Decatur, GA 30035
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    • $24 SF/Yr
      1,403 SF

      Covington Hwy Office Space For Sale

      Prime Decatur Office, 1403 sq ft
      4355 Covington Hwy, Decatur, GA 30035
      View Details
    • Contact for pricing
      22,070 SF

      Prime Manufacturing Space Available

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

      Snapfinger Retail Space For Lease

      Prime Dekalb County retail space available.
      4943 Snapfinger Woods Dr, Decatur, GA 30035
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    • 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
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    5004 Covington Hwy
    Decatur, GA 30035
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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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