5402 Covington HwyDecatur, GA 30035

Property Details for 5402 Covington Hwy

Year built

1974

Construction

WOOD FRAME

Lot size

8.21 AC

Property size (Sq ft)

68,870 SF

Zone code

C1

Property type

Retail properties

Property subtype

Strip malls

APN

16 006 01 009

APU

1600601009

Description

Hidden Hills Village offers 1,637 square feet of vacant retail space in a single-story building at 5402 Covington Hwy, Suite 5406-B, Decatur, GA 30035. This space is part of a larger 67,940 square foot, multi-tenant retail center situated at the high-traffic intersection of Covington Highway and S. Hairston Road, boasting over 45,000 vehicles daily. The property features excellent visibility and accessibility. This grocery-anchored shopping center includes a Family Dollar, a "Farmers Market" grocery store, and a beauty supply store. The building offers a total of 15 suites and 511 parking spaces. The available space is part of a larger 67,940 square foot building and is located in the Stone Mountain/Decatur submarket, specifically the Redan, Snapfinger Creek cluster. The minimum divisible space is 1,637 square feet, and the maximum contiguous space available is also 1,637 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $21,752,590

  6.5%

  $20,079,314

  7%

  $18,645,078

• Comparable approach

  Method

  Valuation

  Relative Method

  $33,853,132

  Geo Method

  $33,853,132

• Alternative Use

  Use

  Valuation

  Residential

  $16,937,654

  Hospitality

  $15,514,799

  Educational

  $12,908,131

  Medical

  $13,352,061

  Retail

  $20,079,314

Location Insight

City

Decatur

County

Dekalb

State

Georgia

Latitude

33.7318

Longitude

-84.1929

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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