7129 Covington Hwy Lithonia, GA 30058-7605
This exceptional 3.3-acre commercial property presents a remarkable development opportunity in Lithonia, Georgia. Located at the highly visible corner of Covington Highway and Lithonia West Drive, this level lot boasts significant road frontage: 442 feet on Covington Highway and 402 feet on Lithonia West Drive. The C-2 zoning allows for a diverse range of uses, including retail, office, industrial, automotive, communication facilities, and even housing and lodging. The property's prime location ensures high visibility and accessibility, making it ideal for a variety of businesses. This offering includes two parcels, 7129 and 7137 Covington Highway, sold together as a single unit. The site is currently unimproved, providing a blank canvas for a new development. All utilities are available, although independent verification is recommended. This is a rare chance to acquire a substantial commercial parcel in a thriving area with excellent potential for significant return on investment. The high traffic count on both roadways guarantees substantial exposure for any future development. The combined acreage and strategic location make this property a truly exceptional investment opportunity. Don't miss this chance to secure a prime piece of Lithonia real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
X · Lithonia, GALithonia. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.