Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

5402 Covington Hwy Decatur, GA 30035

  • Strip malls
  • 68,870 SF
  • 8.21 lot acres
Value Estimation
$5,870,000
Last Sale
Nov 06, 2023
$5,700,000
Location Intelligence
Property ID
US22-1668175
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

  • dk golden clothing store / Clothing Store
  • Pirate Staffing / Employment Agency
  • Hidden Hills Village Shopping Center / Convenience Store / Supermarket
  • Diamond Class Essentials / Metaphysical Supply Store
  • K.Kreationz / Hairdresser

Property Details for 5402 Covington Hwy

Year built
1974
Construction
WOOD FRAME
Lot size
8.21 lot acres
Property size
68,870 SF
Zone code
C1
Property type
Strip malls
Property subtype
Neighborhood centers
APN
16 006 01 009
APU
1600601009

Description

Hidden Hills Village offers 1,637 square feet of vacant retail space in a single-story building at 5402 Covington Hwy, Suite 5406-B, Decatur, GA 30035. This space is part of a larger 67,940 square foot, multi-tenant retail center situated at the high-traffic intersection of Covington Highway and S. Hairston Road, boasting over 45,000 vehicles daily. The property features excellent visibility and accessibility. This grocery-anchored shopping center includes a Family Dollar, a "Farmers Market" grocery store, and a beauty supply store. The building offers a total of 15 suites and 511 parking spaces. The available space is part of a larger 67,940 square foot building and is located in the Stone Mountain/Decatur submarket, specifically the Redan, Snapfinger Creek cluster. The minimum divisible space is 1,637 square feet, and the maximum contiguous space available is also 1,637 square feet.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $5,870,000
  • CAP approach

    CAP return
    Estimation
    6%
    $5,340,000
    6.5%
    $5,865,000
    7%
    $6,215,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $5,775,000
    Geo Method
    $6,365,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $5,735,000
    Retail
    $5,785,000
    Mixed-Use
    $6,410,000
    Hospitality
    $4,745,000
    Educational
    $5,610,000
    Residential Income
    $6,200,000
    Energy
    $5,505,000
    Income-Based Land
    $5,910,000
    Food Service
    $5,440,000

Location Insight

  • Map
  • Local Demand
City
Decatur
County
Dekalb
State
Georgia
Longitude
-84.1929
Latitude
33.7318
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
$111,828
$114,000
$2,166,000
$2,280,000
-
$285,000
$5,415,000
$5,700,000
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message