For Sale
$1,200,000

7218 Covington HwyLithonia, GA 30058

0.98-acre prime commercial lot in Stonecrest.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 0.98-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Stonecrest, Georgia. Located at the highly visible, signalized intersection of Covington Highway and Lithonia Industrial Boulevard, this property boasts exceptional visibility and accessibility. With a combined daily traffic count exceeding 39,600 vehicles (27,900 VPD on Covington Highway and 11,700 VPD on Lithonia Industrial Boulevard), this site guarantees significant exposure for any business. The property's M/Light Industrial zoning allows for a diverse range of uses, making it ideal for a single-tenant user. Suggested uses include, but are not limited to, automotive-related businesses, quick-service restaurants (QSRs), and car washes. The site's proximity to a recently opened QuikTrip further underscores its prime location and desirability. The lot is capable of supporting a 6,000 square foot building. 2022 property taxes totaled $1,310.72. Detailed permitted uses under the M/Light Industrial zoning are available via a provided link to the city of Stonecrest's Municode. This is a rare opportunity to acquire a strategically located commercial lot in a rapidly growing area. The property's size, visibility, and zoning make it an attractive investment for developers and businesses alike. The address is 7218 Covington Hwy, Lithonia, GA 30058, with APN 16-121-04-004. The property is owned by a Georgia limited liability company.

Highlights

  • 6,000 square foot building potential.
  • 2022 property taxes: $1,310.72.
  • M-1 Industrial zoning.
  • 0.98-acre lot.
  • Permitted uses available via provided link.

Property Details for 7218 Covington Hwy

Property type
Land
Lot Size (sq. ft)
42,689 SF

Location Insight

City
Lithonia
County
Dekalb
State
Georgia
Latitude
33.7143267
Longitude
-84.1237026
7218 Covington Hwy, Lithonia, Georgia

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7218 Covington Hwy
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