2 months on rocket

10651 Old Atlanta Hwy, Covington, GA, 30014

$5,000,000

13.28 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #10384779
Lot Size13.28 Acres
StatusActive

About 10651 Old Atlanta Hwy

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 Details

Property Features

Listing Office:

  • Office Name: Virtual Properties Realty.com
  • Listing Agent: Sonja Donaldson

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 13.28 Acres

Other

Directions Information:

  • Directions: Please follow your GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,000,000

Tax Information:

  • Annual Amount: $937
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Covington, GA.

Med. Sold Price

$309.9K

Med. Price/SqFt

$159

Avg. Days On Market

52

# of Sold Homes

85

10651 Old Atlanta Hwy vs Covington

87 DAYS ON ROCKET

+35 Days

$5,000,000

+$4.6M More

KEY TAKEAWAY

This property is $4.6M more than the Median Sold Price in Covington, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Georgia MLS 2
  • MLS Number: #10384779

Listing Office:

  • Office Name: Virtual Properties Realty.com
  • Listing Agent: Sonja Donaldson

IDX Based on information from the Georgia MLS © 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 1:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$937$27,880
2018$957$27,880
2017$930$27,080

History based on county public records data.

Payment Calculator

$25K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-836445
3
/10
  • Porterdale Elementary School

  • 45 Ram Dr

  • 2.01 miles

  • Public District Grades PK-5

school-card-donut-836446
3
/10
  • Fairview Elementary School

  • 3325 Fairview Rd

  • 2.27 miles

  • Public District Grades PK-5

school-card-donut-836447
3
/10
  • Live Oak Elementary School

  • 500 Kirkland Rd

  • 2.34 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,421. Residents of Covington, GA typically earn less than $35k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 10651 Old Atlanta Hwy

What is the listing price of this property?

The listing price of 10651 Old Atlanta Hwy property is $5,000,000.

What type of property is this?

The property 10651 Old Atlanta Hwy is land located in Covington, Georgia, 30014.

Is this property for sale now?

Active Listing: 10651 Old Atlanta Hwy is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $937 (source: MLS/based on county public records data).

How much acreage is this property?

The property 10651 Old Atlanta Hwy is 13.28 acres.
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Rocket HomesGeorgiaNewton CountyCovington3001410651 Old Atlanta Hwy

This home is located at 10651 Old Atlanta Hwy in Covington, GA and zip code 30014. This home sits on a 13.28 acre lot. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $5,000,000.

In November 2024, from all listings sold in Covington, GA there were more than 10 sold above asking price, over 48 sold below and more than 20 were sold right at the asked price. The inventory of homes for sale in Covington, GA between October 2024 and November 2024 increased by 7.8%. Listings spent 52 days on the market in November 2024, and had a median list price of $309,912 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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