10055 Eagle DrCovington, GA 30014
- Retail properties
- 7,176 SF
Property Details for 10055 Eagle Dr
- Year built
- 2001
- Construction
- CONCRETE
- Lot size
- 1.22 AC
- Property size (Sq ft)
- 7,176 SF
- Zone code
- C1
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
- APN
- 00830-00000-077-A00
- APU
- 0083000000077A00
Description
This exceptional commercial real estate offering encompasses over 25 acres of land, strategically divided into six parcels. Ideally situated in Covington, Georgia, this property boasts a highly desirable location just 2.5 miles from Interstate 20, providing unparalleled access to major transportation arteries and a large potential customer base. The zoning designation is a blend of Commercial and Planned Unit Development (PUD), offering significant flexibility for a wide range of development possibilities. This presents a unique chance to capitalize on the growing commercial landscape of Covington. The expansive acreage allows for substantial development potential, whether it's a large-scale retail center, mixed-use development, or a combination of both. The proximity to I-20 ensures high visibility and convenient access for both employees and customers. This property is an excellent investment opportunity for developers and investors seeking a prime location with significant growth potential in a thriving Georgia market. The six individual parcels offer flexibility in development plans, allowing for phased construction or the sale of individual lots. Detailed zoning information and development guidelines are available upon request. This is a rare opportunity to acquire a substantial land holding in a rapidly developing area. Don't miss this chance to secure a prime piece of Covington's commercial future.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,266,540
- 6.5%
- $2,092,190
- 7%
- $1,942,748
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,527,372
- Geo Method
- $3,527,372
-
Alternative Use
- Use
- Valuation
- Residential
- $1,764,841
- Hospitality
- $1,616,585
- Educational
- $1,344,980
- Medical
- $1,391,236
- Retail
- $2,092,190
Location Insight
- City
- Covington
- County
- Newton
- State
- Georgia
- Latitude
- 33.5743
- Longitude
- -83.8397
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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