Technical
Financial
Distress signals
Property profile

6217 Hwy 278th NE Covington, GA 30014

OFF-MARKET
Warehouses
Property ID
US22-3764017
84,501 SF 4.12 ac lot Built 1973
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1973
Construction STEEL FRAME
Total area 84,501 SF
Lot 4.12 ac (179,467 SF)
APN C0060-00020-004-D00
UPID US22-3764017

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Rental Facility

Location

6217 Hwy 278th NE Covington, GA 30014-2665
Covington metro Census 100301 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.85M
Blend (final) Blend
$945k

Owner & transaction history

since 2015
2 recorded transactions
2019
Price N/A
2015
$2.5M

Zoning & alternative use

Top alternative use upside
Auto repair, garage $10.6M +34.2%
Retail stores $9.4M +19.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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