5 months on rocket

10860 Covington Bypass Rd, Covington, GA, 30014

$700,000

9.05 Acres
Land

Location

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Property Highlights

Home TypeResidential Lot
MLS #10327317
Lot Size9.05 Acres
StatusActive
(Price Change)

About 10860 Covington Bypass Rd

Georgia Premier RE Advisors is pleased to present an already approved Rental Townhome Development Lot in the city limits of Covington. The parcel has all utilities available including water, sewer, natural gas, and high speed internet. The lot is zoned C-R and has already been approved for 49 rental townhome units. The units are currently sized at 26x50 and will be rear entry units with either 1 or 2 car garages. The property is surrounded by townhome/apartment communities with rentals ranging from $1000-1700/mo per unit depending on size. There is a tremendous need for more townhome units in Covington and this location is in a key position. The seller already has all concept/site plans, environmental/feasibility studies, civil plans, corp of engineers wetland letter, and new boundary survey needed for an LDP. Seller is expecting to have LDP in hand within 2-3 weeks. Call for more details and come take advantage of all the work that has already been done.

Property Details

Property Features

Listing Office:

  • Office Name: Georgia Premier RE Advisors
  • Listing Agent: Jesse Patrick

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 9.05 Acres

Other

Directions Information:

  • Directions: Use address for GPS and property is located on Covington Bypass across from the school bus parking lot

Price Information

Listing Price Info

Price Summary:

  • List Price: $700,000
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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

10860 Covington Bypass Rd vs Covington

174 DAYS ON ROCKET

+122 Days

$700,000

+$390K More

KEY TAKEAWAY

This property is $390K 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: #10327317

Listing Office:

  • Office Name: Georgia Premier RE Advisors
  • Listing Agent: Jesse Patrick

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: 12/18/2024, 11:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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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-118866
3
/10
  • Middle Ridge Elementary School

  • 11649 Covington by Pass Rd

  • 0.52 miles

  • Public District Grades PK-5

school-card-donut-118867
3
/10
  • Porterdale Elementary School

  • 45 Ram Dr

  • 2.41 miles

  • Public District Grades PK-5

school-card-donut-118868
3
/10
  • Live Oak Elementary School

  • 500 Kirkland Rd

  • 4.07 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,422. The majority of Covington, GA residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 10860 Covington Bypass Rd

What is the listing price of this property?

The listing price of 10860 Covington Bypass Rd property is $700,000.

What type of property is this?

The property 10860 Covington Bypass Rd is land located in Covington, Georgia, 30014.

Is this property for sale now?

Active Listing: 10860 Covington Bypass Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 10860 Covington Bypass Rd is 9.05 acres.
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Rocket HomesGeorgiaNewton CountyCovington3001410860 Covington Bypass Rd

This home is located at 10860 Covington Bypass Rd in Covington, GA and zip code 30014. This home sits on a 9.05 acre lot. It has been listed on Rocket Homes since June 27, 2024 and is currently priced at $700,000.

Covington, GA housing market in November 2024 saw over 10 listings sold above listed price, more than 20 sold at listed price and over 48 sold below. The number of homes for sale in Covington, GA increased by 7.8% between October 2024 and November 2024. 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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