2180 Elm StCovington, GA 30014

Property Details for 2180 Elm St

Year built

1967

Lot size

1.20 AC

Property size (Sq ft)

4,483 SF

Zone code

C1

Property type

Office properties

APN

C0210-00010-007-000

APU

C021000010007000

Description

This exceptional executive office suite, located at 2180 NE Elm Street NE in Covington, Georgia (30014), offers 150 square feet of well-appointed space perfect for a single tenant. Situated on a 1.02-acre lot, this single-building property boasts convenient amenities including paved parking, access to a conference room and training room, a shared kitchen/break area, and three restrooms. The building is professionally staffed Monday through Friday, and provides 24-hour secure tenant access. Monthly rent is $500, with utilities included. The standard office space measures approximately 12' x 12'. This ideal Covington location offers easy access to the town square, Highway 278 corridor, and Interstate 20. The property is zoned CM and has an APN of C021000010007000. This is a single-tenant occupancy property with no additional suites within the building.

• CAP approach

  CAP return

  Valuation

  6%

  $963,235

  6.5%

  $889,140

  7%

  $825,630

• Comparable approach

  Method

  Valuation

  Relative Method

  $874,454

  Geo Method

  $874,454

• Alternative Use

  Use

  Valuation

  Residential

  $1,102,534

  Hospitality

  $1,009,915

  Educational

  $840,237

  Medical

  $869,134

  Retail

  $1,307,036

Location Insight

City

Covington

County

Newton

State

Georgia

Latitude

33.6015

Longitude

-83.8568

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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