Financial
Distress signals
Property profile

7006 Covington Hwy Lithonia, GA 30058

OFF-MARKET
Commercial land
Property ID
US22-1758052
1,551 SF 1.09 ac lot Built 1981
Last sale Dec 2025 · $167,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 1.05-acre land parcel in Lithonia, Georgia. The lot is level and has approval for the construction of seven townhomes. The site is positioned to provide access to nearby retail, dining, and entertainment amenities, and it may also be suitable for retail development depending on applicable approvals and zoning requirements.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$201
Tax billed · 2024
Assessed value$5k
Assessed land$5k
Effective rate4.37%

Value estimate

· Sep 2026
$95k
$86k – $105k
AI approach$95k

Realmo valuation models over county records and 25 qualifying comparable sales.

Recently sold

What actually traded nearby?
$146/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$60 – $309
Qualifying comparables25

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?
R100
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 agency33.1
Dental Office27.1
Law Firm21.6

Location

7006 Covington Hwy Lithonia, GA 30058-7604
County assessor Recorded deeds · 6 transfers 25 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6942 Born, Lithonia, GA 30058-4345 $225,000 Mar 2025 1,244 SF
2324 Panola, Lithonia, GA 30058-5471 $1,936,724 May 2024 1,384 SF
6001 Christopher, Lithonia, GA 30058 $80,000 Aug 2023 1,655 SF
8481 Covington, Lithonia, GA 30058-4277 $200,000 Jan 2023 1,850 SF
2310 Southern Grv, Lithonia, GA 30058 $70,000 Apr 2022 1,504 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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