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Property profile & analytics

8430 Covington Hwy Lithonia, GA 30058

  • Auto shops
  • 4,040 SF
  • 5.03 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US22-1810166
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

  • U-Haul Neighborhood Dealer / Trailer Rental Service / Truck Rental Agency
  • Eastside Collision & Car Care / Towing Service / Used Auto Parts Store
  • Troupe's BMW Plus LLC / Mechanic

Property Details for 8430 Covington Hwy

Year built
1974
Lot size
5.03 lot acres
Property size
4,040 SF
Zone code
M2
Property type
Auto shops
APN
16 183 03 009
APU
1618303009

Description

This exceptional 17,000-square-foot industrial property, situated on a 5-acre lot in Lithonia, Georgia, presents a compelling investment opportunity. The property boasts three distinct buildings strategically positioned off Covington Highway, less than half a mile from Interstate 20, ensuring excellent accessibility. The zoning is designated as Heavy Industrial, allowing for a wide range of potential uses. The buildings offer a diverse range of spaces, ideal for various industrial operations. Building one comprises 3,500 square feet, featuring a 30'x40' office and a 40'x40' shop with two 11'w x 12'h drive-in doors. Building two, a 6,000-square-foot drive-through structure, includes an 80'x80' shop with a reception area, tool lock-up, and five 12'w x 14'h drive-in doors. Finally, Building three offers 7,500 square feet, encompassing a 75'x40' shop with four 12'w x 13'h drive-in doors, an office, and a small bay warehouse space measuring 40'x95'. Three separate entrances from Covington Highway provide convenient access to all buildings. The asking price for this prime industrial property is $3,950,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Lithonia
County
Dekalb
State
Georgia
Longitude
-84.0821
Latitude
33.7014
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
2024
$13,975
$59,120
$84,000
$143,120
-
$147,800
$210,000
$357,800
More about this property
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