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10651 Old Atlanta Hwy

13.28 Acres of Commercial Land Offered at $5,000,000 in Covington, GA 30014

Executive Summary

Attention Investors! Seize this opportunity to own 13.28 acres of prime land situated in Newton County's booming Industrial Zoning District. With approx. 700 feet of frontage on I-20 plus 700 feet of frontage on Old Atlanta Highway, the property offers excellent visibility and accessibility for future development. The favorable topography and availability of most utilities make it ideal for various industrial uses. Shown on Newton County's Future Land Use Map as Industrial, envision creating commercial and industrial subdivisions for Manufacturing, Distribution, Storage, Logistics, Assembly Plants, and more. Consider options like Building Materials or Milling Operations, Wholesale/Retail Stores for Building Supplies or Farm Equipment. Additionally, this land is perfect for Cold Storage Facilities, Indoor/Outdoor Commercial Recreation Centers, Self-Storage Units, or Mini-Warehouses. It can also serve as a site for Recovered Materials/Recycling Purposes or Outdoor Storage/Fleet Parking Space. Lumber Yards are another viable option! In Covington, GA, such a versatile piece of land can support businesses like Automotive Repair Shops, Equipment Rental Services, Food Processing Plants, and even Tech Startups needing large-scale production facilities. Owner is willing to Owner Finance $1,000,000 for full price offers from highly qualified buyers, presenting a fantastic opportunity to turn your vision into reality. Please note, this property is shown by appointment only, and unauthorized entry is strictly prohibited. Proof of funds or lender approval will be required, so please have them ready when you call.

Property Facts

Price $5,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Storefront, Retail or Residential
Total Lot Size 13.28 AC

1 Lot Available

Lot

Price $5,000,000
Price Per AC $376,506
Lot Size 13.28 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0042000000060000
Land Assessment
$66,400
Improvements Assessment
$0
Total Assessment
$66,400

zoning

Zoning Code R-3 / IND (This lot is currently zoned R-3 (Residential) however we have documents from Newton County stating it is also approved for IND (Industrial))
R-3 / IND (This lot is currently zoned R-3 (Residential) however we have documents from Newton County stating it is also approved for IND (Industrial))
  • Listing ID: 33399031

  • Date on Market: 10/3/2024

  • Last Updated:

  • Address: 10651 Old Atlanta Hwy, Covington, GA 30014

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