9133 Access RdCovington, GA 30014

  • Land
  • 5.94 AC
For Sale
$1,000,000 View listing

Property Details for 9133 Access Rd

Lot size
5.94 AC
Zone code
C3
Property type
Land
Property subtype
Commercial land
APN
C043A-00000-078-000
APU
C043A00000078000

Description

This exceptional 5.86-acre commercial property, located at 9133 Access Road in Covington, Georgia, presents a unique investment opportunity. Boasting high visibility and convenient access to I-20, this site enjoys exceptional exposure to a daily traffic count of 69,900 vehicles. The property's flexible Corridor Mixed-Use (CM) zoning allows for a diverse range of commercial and residential developments. Potential uses include retail spaces, offices, self-storage facilities, religious institutions, educational facilities, medical offices, multifamily housing, or senior housing. Conceptual plans for apartments and multifamily units, as well as storage units, are available. The property benefits from frontage on a busy access road and a side road, maximizing visibility and accessibility. Its prime location offers proximity to key attractions, including the Covington Town Center, Triple Horse Studios, and Oxford College of Emory University, ensuring strong potential for future growth and development. The seller is open to considering owner financing or a land lease arrangement, providing flexibility for potential buyers. This is an unparalleled chance to acquire a strategically located property in a high-growth area with significant development potential. The asking price is $1,000,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $63,635,112
    Hospitality
    $58,289,420
    Educational
    $48,496,112
    Medical
    $50,163,968
    Retail
    $75,438,400
9133 Access Rd, Covington, Georgia

Location Insight

City
Covington
County
Newton
State
Georgia
Latitude
33.6072
Longitude
-83.8829
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
2023
$3,861
$118,800
-
$118,800
-
$297,000
-
$297,000

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