Technical
Financial
Distress signals
Property profile

8675 Covington Hwy Lithonia, GA 30058

OFF-MARKET
Grocery and convenience stores
Property ID
US22-1709489
2,400 SF 0.74 ac lot Built 1973
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1973
Construction WOOD FRAME
Total area 2,400 SF
Lot 0.74 ac (32,017 SF)
Zoning code C1
APN 16 202 02 006
UPID US22-1709489

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Credit Union

Location

8675 Covington Hwy Lithonia, GA 30058
Lithonia metro Census 23317 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

since 2025
Last sale
$350,000
1 recorded transaction
2025
$350,000

Zoning & alternative use

C1 · Lithonia, GA
Zoning description

The purpose and intent of the mayor and city council in establishing the C-1 (Local Commercial) District is as to provide convenient local retail shopping and service areas within the city for all residents

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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