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    Property profile & analytics

    6151 Hwy 278th NE Covington, GA 30014-2673

    • Turn key restaurants
    • 2,190 SF
    • 0.60 lot acres
    OFF-MARKET
    Value Estimation
    $630,000
    Last Sale
    Dec 28, 2023
    Location Intelligence
    Property ID
    US22-2783973
    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

    • Turn key restaurants

    Property Details for 6151 Hwy 278th NE

    Year built
    2021
    Construction
    WOOD
    Lot size
    0.60 lot acres
    Property size
    2,190 SF
    Zone code
    C1
    Property type
    Turn key restaurants
    APN
    C0620-00000-044-000
    APU
    C062000000044000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    Newton
    State
    Georgia
    Longitude
    -83.8747
    Latitude
    33.6052
    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
    $11,360
    $83,920
    $265,640
    $349,560
    -
    $209,800
    $664,100
    $873,900

    Comparable in this City

    • Value Estimation by Request
      1,480 SF

      11257 Hwy 36

      RESTAURANT • 1,480 SF
      11257 Hwy 36, Covington, GA 30014-7024
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    • Value Estimation
      $765,000
      2,284 SF

      12856 Town Ctr Dr

      RESTAURANT • 2,284 SF
      12856 Town Ctr Dr, Covington, GA 30014-3675
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    • Value Estimation
      $460,000
      9,072 SF

      10187 Access Rd

      RESTAURANT • 9,072 SF
      10187 Access Rd, Covington, GA 30014-2160
      View Details
    • Value Estimation
      $1,985,000
      9,120 SF

      1113 Church SE St

      RESTAURANT • 9,120 SF
      1113 Church SE St, Covington, GA 30014-2318
      View Details
    • Value Estimation
      $970,000
      3,144 SF

      11120 Hwy 142nd N

      RESTAURANT • 3,144 SF
      11120 Hwy 142nd N, Covington, GA 30014-2547
      View Details
    • Value Estimation by Request
      5,252 SF

      4102 Hwy 278th NE

      RESTAURANT • 5,252 SF
      4102 Hwy 278th NE, Covington, GA 30014-2494
      View Details

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    Property Visit Statistics

    • Visits by month
      6.9k
    • Visitors by month
      5.8k
    • Avg Time on site
      19 min
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    6151 Hwy 278th NE
    Covington, GA 30014-2673
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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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