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7236 Covington Hwy
Lithonia, GA 30058
Land For Sale
·
2.10 AC
Executive Summary
The assemblaged parcels have two (2) existing curb cut on Covington Highway / Hwy 278 and is well positioned for many commercial uses and the Seller is amenable to a zoning contingency. The assembled parcels would provide approximately 424’ of frontage on Covington Highway / Hwy 278, approximately 241’ of frontage on Lithonia Industrial Boulevard and approximately 478’ of frontage on Parkway Drive allowing for superb circular flow throughout the assemblage and great line of site visibility at a signalized intersection. Additionally, there is an existing median cut in front of Parkway Drive further enhancing the flow throughout the assemblage.
7236 Covington Hwy / Hwy 278
APN 16 121 04 002
Currently Zoned R-75
All Utilities Available
2.01 Acres
$700,000 | $348,259 / Acre | $7.99 psf
Topo - Sloping
Square Shaped Parcel
Existing Residential Structure/Home
7218 Covington Hwy / Hwy 278
APN 16 121 04 001
Currently Zoned M-1 Light Industrial
All Utilities Available
0.983 Acres
$1,200,000 | $1,220,753 / Acre | $28.02 psf
Topo - Sloping
Rectangular Shaped Parcel
No Existing Vertical Structure
Signalized Intersection
Assembled Parcels
2.99 Acres
$1,900,000 | $634,815 / Acre | $14.57 psf
7236 Covington Hwy / Hwy 278
APN 16 121 04 002
Currently Zoned R-75
All Utilities Available
2.01 Acres
$700,000 | $348,259 / Acre | $7.99 psf
Topo - Sloping
Square Shaped Parcel
Existing Residential Structure/Home
7218 Covington Hwy / Hwy 278
APN 16 121 04 001
Currently Zoned M-1 Light Industrial
All Utilities Available
0.983 Acres
$1,200,000 | $1,220,753 / Acre | $28.02 psf
Topo - Sloping
Rectangular Shaped Parcel
No Existing Vertical Structure
Signalized Intersection
Assembled Parcels
2.99 Acres
$1,900,000 | $634,815 / Acre | $14.57 psf
Property Facts
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 2.10 AC |
| Property Type | Land | No. Stories | 1 |
| Property Subtype | Commercial | ||
| Zoning | R75 | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 2.10 AC |
| No. Stories | 1 |
| Zoning | R75 |
1 Lot Available
Lot
| Price | $949,900 CAD | Lot Size | 2.10 AC |
| Price Per AC | $452,333.33 CAD |
| Price | $949,900 CAD |
| Price Per AC | $452,333.33 CAD |
| Lot Size | 2.10 AC |
Assemblage is located at the singalized northeast corner of Lithonia Industrial Boulevard and Covington Hwy / Hwy 278 in the City limits of Stonecrest. Possessing approximately 2.99 acres at a busy signalized intersection.
Property Taxes
| Parcel Number | 16-121-04-002 | Improvements Assessment | $73,821 CAD |
| Land Assessment | $15,256 CAD | Total Assessment | $89,077 CAD |
Property Taxes
Parcel Number
16-121-04-002
Land Assessment
$15,256 CAD
Improvements Assessment
$73,821 CAD
Total Assessment
$89,077 CAD
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