2180 Elm StCovington, GA 30014

  • Office properties
  • 4,483 SF
For Lease
$40/SF/YR View listing

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
Property subtype
Other 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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
2180 Elm St, Covington, Georgia

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

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
$6,013
$62,720
$122,320
$185,040
-
$156,800
$305,800
$462,600

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