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7105 Brown Brg Rd Covington, GA 30014-3069

OFF-MARKET Commercial land Google Maps
0.97 ac lot
Entity Owned 10-yr Hold ~ Est. High Equity
Estimated value (blended)
$275k
Range $248k – $303k (±10%)
Property ID US22-1529536

Property summary

AI-generated overview

This exceptional 4.18-acre commercial property is situated on heavily traveled Brown Bridge Road in Covington, Georgia. Boasting over 400 feet of road frontage, this site offers unparalleled visibility and accessibility for a wide range of commercial ventures. The property's strategic location ensures high traffic volume, making it ideal for businesses seeking maximum exposure. This significant land parcel presents a rare opportunity for development, allowing for the creation of a substantial commercial project. Further enhancing its appeal, an additional 1.01-acre adjoining parcel is available, providing potential for expansion or complementary development. An existing office building is also part of the adjacent property, offering further possibilities for immediate use or redevelopment. The combined acreage provides ample space for a variety of commercial uses, from retail and restaurants to office spaces and light industrial facilities. The property's size and location make it a highly attractive investment opportunity in a growing market. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering. The asking price for this significant property is $600,000.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.97 ac (42,253 SF)
Zoning code C3
APN C0400-00020-010-000
UPID US22-1529536

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2015
4 recorded transactions
2023
Price N/A
2016
Price N/A
2015
$70,000
1969
Price N/A

Zoning & alternative use

C3 · Covington, GA

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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