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    Property profile & analytics

    7159 Hwy 278th NE Covington, GA 30014-1533

    • Outlet malls
    • 3,000 SF
    • 0.54 lot acres
    OFF-MARKET
    Value Estimation
    $380,000
    Last Sale
    Feb 10, 2023
    Location Intelligence
    Property ID
    US22-1926199
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Outlet malls

    Property Details for 7159 Hwy 278th NE

    Year built
    2000
    Construction
    STEEL FRAME
    Lot size
    0.54 lot acres
    Property size
    3,000 SF
    Zone code
    C1
    Property type
    Outlet malls
    APN
    C0810-00000-037-000
    APU
    C081000000037000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    Newton
    State
    Georgia
    Longitude
    -83.839
    Latitude
    33.6017
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,452
    $67,720
    $131,000
    $198,720
    -
    $169,300
    $327,500
    $496,800

    Comparable in this City

    • Value Estimation by Request
      9,012 SF

      10734 Hwy 36

      WHOLESALE OUTLET, DISCOUNT STORE • 9,012 SF
      10734 Hwy 36, Covington, GA 30014-4067
      View Details
    • Value Estimation
      $440,000
      6,000 SF

      8108 Washington SW St

      WHOLESALE OUTLET, DISCOUNT STORE • 6,000 SF
      8108 Washington SW St, Covington, GA 30014-3402
      View Details
    • Value Estimation
      $460,000
      10,000 SF

      7118 Hwy 278th NE

      WHOLESALE OUTLET, DISCOUNT STORE • 10,000 SF
      7118 Hwy 278th NE, Covington, GA 30014-2669
      View Details
    • Value Estimation
      $460,000
      9,100 SF

      15797 Hwy 36

      WHOLESALE OUTLET, DISCOUNT STORE • 9,100 SF
      15797 Hwy 36, Covington, GA 30014-6021
      View Details
    • Value Estimation
      $200,000
      3,238 SF

      2398 Hwy 142nd E

      WHOLESALE OUTLET, DISCOUNT STORE • 3,238 SF
      2398 Hwy 142nd E, Covington, GA 30014-8834
      View Details
    • Value Estimation
      $280,000
      1,969 SF

      2158 Elm NE St

      WHOLESALE OUTLET, DISCOUNT STORE • 1,969 SF
      2158 Elm NE St, Covington, GA 30014-2429
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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    • $40 SF/Yr
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    7159 Hwy 278th NE
    Covington, GA 30014-1533
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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