4319 Covington HwyDecatur, GA 30035

  • Office properties
  • 44,910 SF
For Lease

Property Details for 4319 Covington Hwy

Year built
1974
Construction
STEEL FRAME
Lot size
3.50 AC
Property size (Sq ft)
44,910 SF
Zone code
OD
Property type
Office properties
Property subtype
Office buildings
APN
15 196 03 021
APU
1519603021

Description

North Office Park, located at 4319 Covington Hwy in Decatur, Georgia (zip code 30035), offers a variety of executive, medical, and traditional office spaces within a newly renovated 46,350 square foot building in DeKalb County. The property features flexible floor plans with a minimum divisible space of 500 square feet, and currently has 5,000 square feet of vacant space available. The building boasts modern renovations, including high-quality finishes and state-of-the-art infrastructure, along with high-speed internet access and ample parking. Tenants enjoy 24/7 access and a professional environment with shared amenities. The convenient location on Covington Highway provides easy access to major highways and public transportation. The building also offers beautifully landscaped green spaces. Available suites range in size, accommodating businesses of various sizes, from small start-ups to larger corporations. The building's design promotes productivity and growth, creating an ideal workspace for a diverse range of businesses. This is a multi-tenant building with a variety of suite sizes to meet your needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,649,540
    6.5%
    $8,907,268
    7%
    $8,271,034
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,760,145
    Geo Method
    $8,760,145
  • Alternative Use

    Use
    Valuation
    Residential
    $11,045,012
    Hospitality
    $10,117,172
    Educational
    $8,417,368
    Medical
    $8,706,855
    Retail
    $13,093,684
4319 Covington Hwy, Decatur, Georgia

Location Insight

City
Decatur
County
Dekalb
State
Georgia
Latitude
33.7488
Longitude
-84.2274
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
2024
$38,127
$56,000
$744,000
$800,000
-
$140,000
$1,860,000
$2,000,000

FAQs

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