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    Property profile & analytics

    8306 Hazelbrand NE Rd Covington, GA 30014-1503

    • Warehouses
    • 74,080 SF
    • 3.10 lot acres
    OFF-MARKET
    Value Estimation
    $4,095,000
    Last Sale
    Jun 22, 2022
    $3,778,000
    Location Intelligence
    Property ID
    US22-1692230
    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

    • Warehouses

    Property Details for 8306 Hazelbrand NE Rd

    Year built
    1978
    Construction
    STEEL FRAME
    Lot size
    3.10 lot acres
    Property size
    74,080 SF
    Zone code
    I1
    Property type
    Warehouses
    APN
    C0010-00010-006-000
    APU
    C001000010006000

    Description

    This exceptional multi-tenant industrial warehouse, located at 8306 Hazelbrand Rd NE in Covington, Georgia, offers a significant opportunity for businesses seeking ample space. The property boasts a total of 73,500 square feet, with 58,500 square feet currently available for lease. Built in 1978, this well-maintained building features a desirable 22-foot ceiling height, providing excellent vertical storage capacity. Five dock-high doors ensure efficient loading and unloading operations. The property is zoned I-1, allowing for a variety of industrial uses. Situated in Newton County, Georgia, with a Covington zip code of 30014, this location offers convenient access to major transportation routes. The ample square footage, high ceilings, and multiple dock doors make this an ideal space for distribution, warehousing, or other industrial operations. This is a rare opportunity to secure a substantial amount of warehouse space in a prime location. The property's size and features make it suitable for a variety of businesses seeking to expand or relocate. Contact us today to learn more about leasing this exceptional industrial property.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,405,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,790,000
      6.5%
      $4,225,000
      7%
      $4,030,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,750,000
      Geo Method
      $3,980,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,715,000
      Retail
      $4,400,000
      Mixed-Use
      $3,585,000
      Hospitality
      $3,575,000
      Educational
      $4,080,000
      Residential Income
      $3,635,000
      Energy
      $3,725,000
      Income-Based Land
      $4,025,000
      Food Service
      $3,375,000

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    Newton
    State
    Georgia
    Longitude
    -83.8343
    Latitude
    33.6018
    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
    $47,925
    $108,000
    $1,366,720
    $1,474,720
    -
    $270,000
    $3,416,800
    $3,686,800

    Comparable in this City

    • Value Estimation by Request
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      9120 Old City Pond Rd

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    • Value Estimation
      $1,910,000
      10,500 SF

      12135 Liberty Dr

      WAREHOUSE, STORAGE • 10,500 SF
      12135 Liberty Dr, Covington, GA 30014-1097
      View Details
    • Value Estimation
      $465,000
      20,412 SF

      9147 Old Atlanta Hwy

      WAREHOUSE, STORAGE • 20,412 SF
      9147 Old Atlanta Hwy, Covington, GA 30014-1206
      View Details
    • Value Estimation
      $435,000
      17,500 SF

      4139 Robinson NW St

      WAREHOUSE, STORAGE • 17,500 SF
      4139 Robinson NW St, Covington, GA 30014
      View Details
    • Value Estimation
      $200,000
      4,000 SF

      8140 Technology Dr

      WAREHOUSE, STORAGE • 4,000 SF
      8140 Technology Dr, Covington, GA 30014
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
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      Versatile Commercial Space in Covington

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    8306 Hazelbrand NE Rd
    Covington, GA 30014-1503
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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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