10533 FLAT SHOALS RD

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10533 FLAT SHOALS RD

COVINGTON, GA 30014-3706
Asking Price
$495K
Asset Type
Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail asset for sale at 10533 Flat Shoals Rd
  • Priced at 495000 dollars for the Covington property
  • Located in the growing Newton County submarket of Georgia
  • Property serves as a functional site for retail operations
  • Offers potential for redevelopment in a key metro location

What's Special

Covington functions as an established hub within the Atlanta metropolitan area, benefiting from the steady expansion and economic development occurring across Newton County. Positioned at 10533 Flat Shoals Rd, this retail asset occupies a strategic footprint in a market known for its logistical accessibility and growing residential base. The area supports a variety of commercial activities, drawing steady traffic from the surrounding thoroughfares and nearby commerce centers. Investors and developers often look to this submarket to capitalize on the sustained demand for functional commercial space. Given the characteristics of the site, the property presents a viable candidate for various retail, service-oriented, or redevelopment initiatives aimed at capturing local consumer interest. The asset provides a clear entry point for those seeking to establish or expand a presence in an active Georgia corridor. Buyers should conduct their own due diligence to determine how the current site conditions align with their specific business goals or operational requirements in this market.

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NOI
$80,000
Cap Rate
16.16%
DSCR
2.72
Strong
Cash-on-Cash
34.08%
Monthly Payment
$2,448.99
Annual Cash Flow
$50,612.121

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