10131 Carlin AveCovington, GA 30014

Property Details for 10131 Carlin Ave

Year built

2006

Construction

STEEL FRAME

Lot size

1.34 AC

Property size (Sq ft)

3,572 SF

Zone code

C1

Property type

Retail properties

Property subtype

Banks

APN

C0640-00000-016-B00

APU

C064000000016B00

Description

This exceptional retail opportunity presents a 3,572 square foot vacant bank building situated on a 1.34-acre lot in Covington, Georgia. Located at 10131 Carlin Ave, zip code 30014, this property is zoned C1 and offers significant potential for redevelopment or immediate occupancy. The building is completely vacant and ready for a new tenant or owner. All utilities are readily available on-site. The property's convenient location in Newton County provides excellent access to local businesses and residential areas. This former bank building offers a unique opportunity for a variety of retail uses, given its size and existing infrastructure. The spacious layout provides ample room for customization to suit a wide range of business needs. The 1.34-acre lot offers potential for expansion or additional development. This is an ideal location for businesses seeking high visibility and convenient access in a thriving community. Serious inquiries are encouraged to explore the possibilities of this prime retail space. The property is available for both sale and lease.

• CAP approach

  CAP return

  Valuation

  6%

  $1,128,216

  6.5%

  $1,041,430

  7%

  $967,042

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,755,821

  Geo Method

  $1,755,821

• Alternative Use

  Use

  Valuation

  Residential

  $878,486

  Hospitality

  $804,688

  Educational

  $669,491

  Medical

  $692,516

  Retail

  $1,041,430

Location Insight

City

Covington

County

Newton

State

Georgia

Latitude

33.5708

Longitude

-83.8507

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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