5224 Hwy 278th NE Covington, GA 30014
Property profile & analytics
5224 Hwy 278th NE, Covington, GA 30014
- Grocery and convenience stores
- 5,952 SF
- 1.20 lot acres
Property ID
US22-0434615
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.
Location Intelligence
Current Use by Public Records
- Grocery and convenience stores
Property Details for 5224 Hwy 278th NE
- Year built
- 2022
- Construction
- CONCRETE
- Lot size
- 1.20 lot acres
- Zone code
- C1
- Property type
- Grocery and convenience stores
- APN
- C0060-00060-001-000
- APU
- C006000060001000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 1, 2024 | — | Serena Ventures LLC | — | Deed · related | $3M · Platinum Federal Credit Union |
| Dec 29, 2023 | $1,665,000 | Serena Ventures LLC | Prism Covington Properties LLC | Warranty Deed | — |
| Jan 14, 2022 | $1,100,000 | Prism Covington Properties LLC | T Allen Enterprises INC | Warranty Deed | $2.4M · United Bank |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,885,000
- ML approach
- $1,730,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,595,000
- 6.5%
- $1,470,000
- 7%
- $1,365,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,250,000
- AI Estimate
- $1,202,000
Market price range: $1.02M - $2.25MMarket price range: $417k - $1.20M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Covington
- County
- Newton
- State
- Georgia
- Longitude
- -83.8445
- Latitude
- 33.602
- 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
2023
$31,464
$209,080
$630,000
$839,080
-
$522,700
$1,575,000
$2,097,700
