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    Property profile & analytics

    6116 Covington Hwy Lithonia, GA 30058-8380

    • Community centers
    • 7,600 SF
    • 15.63 lot acres
    OFF-MARKET
    Value Estimation
    $10,925,000
    Last Sale
    Feb 22, 2023
    $12,022,893
    Location Intelligence
    Property ID
    US22-4741144
    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

    • Jazzy Juice Cafe / Juice Shop
    • Tip-Top Cleaners / Dry Cleaner
    • Majesty Majesty Sweet Desserts & Creamery Parlor / Cafe / Ice Cream Shop
    • Jazzy Juice / Juice Shop
    • Subway / Fast Food Restaurant / Takeout Restaurant

    Property Details for 6116 Covington Hwy

    Year built
    1988
    Lot size
    15.63 lot acres
    Property size
    7,600 SF
    Zone code
    C-1
    Property type
    Community centers
    APN
    16 039 01 005
    APU
    1603901005

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $10,605,000

    • CAP approach

      CAP return
      Estimation
      6%
      $11,515,000
      6.5%
      $11,660,000
      7%
      $13,005,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $13,290,000
      Geo Method
      $12,060,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $12,120,000
      Retail
      $12,085,000
      Mixed-Use
      $10,000,000
      Hospitality
      $11,235,000
      Educational
      $12,185,000
      Residential Income
      $9,865,000
      Energy
      $11,725,000
      Income-Based Land
      $10,995,000
      Food Service
      $11,860,000

    Location Insight

    • Map
    • Local Demand
    City
    Lithonia
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.165
    Latitude
    33.7243
    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
    $263,164
    $489,480
    $4,883,880
    $5,373,360
    -
    $1,223,700
    $12,209,700
    $13,433,400

    Comparable in this City

    • Value Estimation by Request
      144,585 SF

      6152 Covington Hwy

      Lifestyle centers • 144,585 SF
      6152 Covington Hwy, Lithonia, GA 30058
      View Details
    • Value Estimation by Request
      144,585 SF

      6152 Covington Hwy

      Lifestyle centers • 144,585 SF
      6152 Covington Hwy, Lithonia, GA 30058
      View Details
    • Value Estimation by Request
      23,593 SF

      6766 Covington Hwy

      SHOPPING CENTER, STRIP CENTER • 23,593 SF
      6766 Covington Hwy, Lithonia, GA 30058
      View Details
    • Value Estimation
      $500,000
      15,288 SF

      2617 Panola Rd

      SHOPPING CENTER, STRIP CENTER • 15,288 SF
      2617 Panola Rd, Lithonia, GA 30058-4829
      View Details
    • Value Estimation
      $565,000
      9,100 SF

      2245 Rock Chapel Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 9,100 SF
      2245 Rock Chapel Rd, Lithonia, GA 30058-5132
      View Details
    • Value Estimation by Request
      98,676 SF

      7984 Rockbridge Rd

      Neighborhood centers • 98,676 SF
      7984 Rockbridge Rd, Lithonia, GA 30058
      View Details

    Similar Nearby for Sale

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      20,000 SF

      Lithonia Industrial Flex Mini Mall

      20,000 SF mini mall with 16 stores and 3 booths.
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      View Details
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      Lithonia Commercial Building For Sale

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      Lithonia Retail Space Opportunity

      1400 sqft commercial space in Lithonia, Georgia, ready for renovation.
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      9,036 SF

      Retail Building on One Acre

      Retail building with HVAC on one acre for sale.
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    • $380,000
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      Commercial Property in Historic Lithonia

      Commercial property in Lithonia's Historic Downtown, ideal for offices/restaurants.
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    • $3,000,000
      0.20 Acres

      Lithonia Industrial Property - $3M

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    Similar Nearby for Lease

    • Contact for pricing
      1,200 SF

      Retail Space in Rockbridge Square

      1,200 SF retail space for lease in Lithonia, GA.
      7245 Rockbridge Rd SW, Lithonia, GA 30058
      View Details
    • $20 SF/Yr
      15,000 SF

      Lithonia Retail Strip Center

      10 Suites, 15,000 SF Available
      2410 Dekalb Medical Pkwy, Lithonia, GA 30058
      View Details
    • Contact for pricing
      1,286 SF

      Lithonia Retail Outparcel Opportunity

      Prime 0.57-acre site, 1,286 sq ft building.
      452 Deshon Rd, Lithonia, GA 30058
      View Details
    • $9 SF/Yr
      14,442 SF

      Lithonia Warehouse: 14,442 SF

      Spacious DeKalb County warehouse available.
      2230 Lithonia Industrial Blvd, Lithonia, GA 30058
      View Details
    • Contact for pricing
      7,831 SF

      Industrial Property with Outside Storage

      Industrial building with outside storage and fenced yard for lease.
      2219 Lithonia Industrial Blvd, Lithonia, GA 30058
      View Details
    • Contact for pricing
      8,000 SF

      Lithonia Warehouse with Storage Space

      Warehouse with shop, office, and large outside storage area.
      6520 Marbut Rd, Lithonia, GA 30058
      View Details
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    6116 Covington Hwy
    Lithonia, GA 30058-8380
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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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