This exceptional 3.3-acre commercial property presents a remarkable development opportunity in Lithonia, Georgia. Located at the highly visible corner of Covington Highway and Lithonia West Drive, this level lot boasts significant road frontage: 442 feet on Covington Highway and 402 feet on Lithonia West Drive. The C-2 zoning allows for a diverse range of uses, including retail, office, industrial, automotive, communication facilities, and even housing and lodging. The property's prime location ensures high visibility and accessibility, making it ideal for a variety of businesses. This offering includes two parcels, 7129 and 7137 Covington Highway, sold together as a single unit. The site is currently unimproved, providing a blank canvas for a new development. All utilities are available, although independent verification is recommended. This is a rare chance to acquire a substantial commercial parcel in a thriving area with excellent potential for significant return on investment. The high traffic count on both roadways guarantees substantial exposure for any future development. The combined acreage and strategic location make this property a truly exceptional investment opportunity. Don't miss this chance to secure a prime piece of Lithonia real estate.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$592,707
Hospitality
$542,917
Educational
$451,700
Medical
$467,235
Retail
$702,645
Location Insight
City
Lithonia
County
Dekalb
State
Georgia
Latitude
33.7156
Longitude
-84.1268
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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