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Property profile & analytics
OFF-MARKET
Industrial properties
8005 City Pond Rd Covington, GA 30014
Entity Owned
7-yr Hold
Free & Clear
Property ID
US22-2833390
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2021
Construction
STEEL FRAME
Total area
10,650 SF
Lot
37.28 ac (1,623,917 SF)
Zoning code
I5
APN
C0610-00000-029-000
UPID
US22-2833390
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Covington Land Holdings LLC · 7 yrs held
Covington Land Holdings LLC
since 2019
7 recorded transactions
Zoning & alternative use
I5 · Covington, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Covington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Covington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$32,699
Tax year 2023
Assessed value
$1,006,200
Assessed 2023
Previous assessed
$1,006,200
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$671,040
Assessed improvement
$335,160
Land market value
$1,677,600
Improvement market value
$837,900
Total market value
$2,515,500
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2021
Construction
STEEL FRAME
Heating
SPACE
Cooling
CENTRAL
Total area
10,650 SF
Lot
37.28 ac (1,623,917 SF)
Zoning code
I5
APN
C0610-00000-029-000
UPID
US22-2833390
Jurisdiction
NEWTON
Zoning & alternative use
I5 · Covington, GA
Zoning I5 · permitted uses
I5 · Covington, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Covington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2021
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Lot
37.28 ac
Current owner
From public records · entity-resolved
Covington Land Holdings LLC
Entity
Free & Clear · 7 yrs held
Mailing address
120 SHADOW LK DR, CONYERS, GA 30094-4127
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2019
—
Covington Land Holdings LLC
Avery Family Lllp
Quit Claim Deed
related
—
Jan 8, 2019
$1,650,000
Covington Land Holdings LLC
Avery Family Lllp
Dual Purpose Document
related
$1,579,048 · Fth Acquisition Co Ix LLC
Jun 12, 2012
—
Avery Family Lllp
Avery,r Brian
Quit Claim Deed
related
—
Jun 7, 2012
—
Avery,family Limited Liability
Avery,r Brian
Quit Claim Deed
related
—
Jan 23, 2009
—
Avery Family Ltd Liability
Avery,terry H
Quit Claim Deed
related
—
Dec 31, 2008
—
Avery,family Limited Liability
Avery,r Brian
Quit Claim Deed
related
—
Dec 15, 2008
—
R Brian Avery
Avery,r Brian
Quit Claim Deed
related
—
Feb 22, 2008
$425,000
Alcovy Invest LLC
Mclure,martin L
Warranty Deed
$222,525 · Mcintosh State Bank
Sep 27, 2007
$375,000
Martin L Mcclure
Avery,brian
Grant Deed
$331,500 · Mcintosh State Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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