0 Washington StCovington, GA 30014

Property Details for 0 Washington St

Lot size

8.64 AC

Property type

Land

Description

This exceptional 8.64-acre land parcel in Covington, Georgia, presents a compelling multifamily development opportunity. Located on Washington Street SW, this fee simple property boasts a Neighborhood Mixed Use (NM) zoning designation, allowing for a variety of residential construction options. The asking price is $3,500,000, translating to approximately $405,092 per acre. The property consists of a four-parcel assemblage (APN available upon request). Its strategic location offers significant advantages. Situated less than half a mile from Covington's historic town square, the property benefits from the area's vibrant atmosphere, featuring numerous shops, restaurants, and retail establishments. Covington's reputation as the "Hollywood of the South," attracting significant film and television production, further enhances its appeal. The property's proximity to Atlanta (30 minutes) and Hartsfield-Jackson International Airport (56 minutes) provides excellent accessibility. Furthermore, its location within a Qualified Opportunity Zone presents substantial tax advantages for investors. This unique combination of factors makes this property an ideal investment for developers seeking to capitalize on Covington's growth and the potential for significant returns. The property's size and zoning provide ample opportunity for a substantial multifamily development project, contributing to the ongoing revitalization of this thriving Georgia community.

Location Insight

City

Covington

County

Newton

State

Georgia

Latitude

33.587

Longitude

-83.8772

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].