5655 Covington HwyDecatur, GA 30035
- Land
- 1,280 SF
Property Details for 5655 Covington Hwy
- Year built
- 1946
- Lot size
- 2.76 AC
- Property size (Sq ft)
- 1,280 SF
- Zone code
- C-1
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 16 007 01 002
- APU
- 1600701002
Description
This exceptional 4.3-acre commercial land parcel is strategically located at 5655/5675 Covington Highway in Decatur, Georgia, 30035. Situated in DeKalb County, this property offers significant development potential due to its prime location and C-2 zoning. The asking price is $1,350,000, translating to $313,953 per acre, reflecting the high value of this land in a thriving commercial area. The expansive lot size provides ample space for a variety of commercial ventures. Its convenient access to Interstates 20 and 285 ensures excellent visibility and accessibility for potential businesses and customers. This property is being sold together with the adjacent 5675 Covington Highway parcel, offering a combined opportunity for large-scale development or expansion. The C-2 zoning allows for a wide range of commercial uses, making this a highly versatile investment opportunity. This location offers significant potential for growth and return on investment in a rapidly developing area of Decatur. Serious inquiries are encouraged to explore the possibilities this exceptional property presents.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $314,799
- Hospitality
- $288,354
- Educational
- $239,907
- Medical
- $248,158
- Retail
- $373,189
Location Insight
- City
- Decatur
- County
- Dekalb
- State
- Georgia
- Latitude
- 33.7263
- Longitude
- -84.1851
- 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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