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Investment Highlights
- Flexible office space perfect for a variety of future tenant.
Executive Summary
Freestanding office property on Covington Hwy in Decatur. Massive 1.84-Acre Lot: Exceptional land footprint providing rare, expansive acreage along a major corridor, ideal for building expansion, redevelopment, or abundant specialized parking. Flexible OI Zoning: Versatile Office-Institutional zoning supports a wide range of immediate uses, including professional offices, medical clinics, daycare facilities, and community centers. High-Visibility Corridor: Positioned directly on Covington Highway with excellent street frontage for high daily traffic counts, featuring rapid, direct access to both I-285 and I-20. Functional 1,484 SF Structure: A freestanding, move-in-ready stone office building—perfect for an owner-user looking to occupy immediately or an investor aiming to lease out while planning future land use. Strong Submarket Demographics: Situated in a mature, densely populated Decatur area with over 85,000 residents within a 3-mile radius, ensuring steady local demand and long-term equity growth.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
1,484 SF
Building Class
C
Year Built/Renovated
1953/2012
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,484 SF
Building FAR
0.02
Lot Size
1.84 AC
Zoning
OI/C3 - OI and C3 / Comm/Ofc/Res Mixed Use
Amenities
- Security System
- Signage
- Reception
- Air Conditioning
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Some public transit
40/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 15-162-03-028 | Improvements Assessment | $160,049 CAD |
| Land Assessment | $123,966 CAD | Total Assessment | $284,015 CAD |
Property Taxes
Parcel Number
15-162-03-028
Land Assessment
$123,966 CAD
Improvements Assessment
$160,049 CAD
Total Assessment
$284,015 CAD
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5102 Covington Hwy
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