7129 Covington HwyLithonia, GA 30058

  • Commercial land
  • 2,410 SF
For Sale
$900,000 View listing

Property Details for 7129 Covington Hwy

Lot size
1.67 AC
Property size (Sq ft)
2,410 SF
Zone code
X
Property type
Commercial land
APN
16 121 03 019
APU
1612103019

Description

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

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
$22,221
$43,640
-
$43,640
-
$109,100
-
$109,100

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