2765 Access RdCovington, GA 30016

Property Details for 2765 Access Rd

Year built

1988

Construction

STEEL FRAME

Lot size

1.94 AC

Property size (Sq ft)

3,000 SF

Zone code

C1

Property type

Retail properties

Property subtype

Retail space

APN

00240-00000-076-000

APU

24000000076000

Description

This exceptional 5,000-square-foot industrial property in Covington, Georgia, presents a unique investment opportunity. Situated on a 1.94-acre lot with direct I-20 frontage (83,000 AADT traffic count), this single-tenant building boasts a prime location within the Atlanta MSA, just 35 miles east of downtown. The property features a 2,000-square-foot office/showroom and a 3,000-square-foot warehouse space, ideal for a variety of uses. Three high-bay service doors (18-foot ceiling height) easily accommodate large equipment and semi-trucks. A significant advantage is the inclusion of over 1.5 acres of outdoor storage space, featuring a concrete pad and crusher run, a rare commodity in this market. A 24' x 8' billboard is also available for exclusive use. The CH zoning allows for diverse heavy commercial uses, making this property suitable for automotive sales, truck repair, equipment rental, concrete/granite installation, or a contractor's yard. The property includes nine total parking spaces. The building is comprised of one suite. This offering provides scale and flexibility for a wide range of businesses seeking a combination of indoor and outdoor space with excellent visibility and accessibility. Don't miss this chance to acquire a versatile and strategically located commercial property.

• CAP approach

  CAP return

  Valuation

  6%

  $947,550

  6.5%

  $874,662

  7%

  $812,186

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,474,654

  Geo Method

  $1,474,654

• Alternative Use

  Use

  Valuation

  Residential

  $737,810

  Hospitality

  $675,830

  Educational

  $562,282

  Medical

  $581,620

  Retail

  $874,662

Location Insight

City

Covington

County

Newton

State

Georgia

Latitude

33.624

Longitude

-83.9393

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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