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Financial
Distress signals
Property profile

6671 Covington Hwy Lithonia, GA 30058

OFF-MARKET
Retail space
Property ID
US22-0164808
15,100 SF 2.05 ac lot Built 2000
Last sale Aug 2016
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This single-tenant retail property is configured as a drug store with a drive-through and a total building area of 15,120 square feet. It is located on the southeast corner of Covington Highway and DeKalb Medical Parkway in Lithonia, Georgia, at a signalized intersection along a retail corridor with reported traffic volumes exceeding 22,930 vehicles per day. The surrounding area includes national and regional retailers such as Kroger, ALDI, AutoZone, Wells Fargo Bank, Dollar General, Family…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$69k
Tax billed · 2024
Assessed value$2.11M
Assessed land$234k
Assessed improvement$1.88M
Effective rate3.29%

Value estimate

· Oct 2026
$2.37M
$2.13M – $2.60M
CAP approach$3.27M
Submarket $/SF estimate$1.68M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$167/SF
Submarket average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$32 – $268
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C1
The purpose and intent of the mayor and city council in establishing the C-1 (Local Commercial) District is as to provide convenient loca...
General categoryCOMMERCIAL
JurisdictionDE KALB

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency28.4
Dental Office23.9
Law Firm23.2

Location

6671 Covington Hwy Lithonia, GA 30058-4813
County assessor Recorded deeds · 3 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7173 Covington, Lithonia, GA 30058-7616 $610,000 Mar 2024 18,960 SF
6151 Covington, Lithonia, GA 30058-5467 $1,200,000 Feb 2024 12,688 SF
7046 Covington, Lithonia, GA 30058-7651 $3,600,000 Aug 2023 10,217 SF
2193 Panola, Lithonia, GA 30058-5523 $250,000 Jul 2023 12,000 SF
7227 Covington, Lithonia, GA 30058-7665 $2,121,543 Dec 2021 10,276 SF
1800 Panola, Lithonia, GA 30058-5518 $1,500,000 Mar 2020 8,926 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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