Realmo Analytics

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Financial
Distress signals
Property profile

7197 Hwy 278th NE Covington, GA 30014

OFF-MARKET
Office Spaces
Property ID
US22-2605861
3,483 SF 1 ac lot Built 1988
Last sale Mar 2022 · $775,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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 · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$325k
Assessed land$125k
Assessed improvement$199k
Effective rate3.75%

Value estimate

· Oct 2026
$790k
$711k – $869k
AI approach$805k
CAP approach$650k
Submarket $/SF estimate$726k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$217/SF
ZIP average, outlier-cleaned · 56 recorded sales of this use type
Observed band · Q1–Q3$92 – $342
Qualifying comparables14

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
JurisdictionNEWTON

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility10.9
Convenience Store9.3
Computer & Electronic Repair9.3

Location

7197 Hwy 278th NE Covington, GA 30014-1533
County assessor Recorded deeds · 1 transfer 14 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4124 Hwy 278th NE, Covington, GA 30014-2494 $950,000 May 2025 3,448 SF
2117 Clark SW, Covington, GA 30014-2315 $218,000 Apr 2025 3,475 SF
4168 Baker NE, Covington, GA 30014-1404 $1,600,000 Mar 2025 3,705 SF
4134 Hwy 278th NE, Covington, GA 30014-2494 $840,000 Jul 2024 4,200 SF
4198 Hwy 278th NE, Covington, GA 30014-2494 $1,307,300 May 2024 3,542 SF
3192 Emory NW, Covington, GA 30014-1308 $1,250,000 Sep 2023 2,941 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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