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Washington St SW - Multifamily Development Opportunity

8.64 Acres of Residential Land Offered at £2,738,575 in Covington, GA 30014

Investment Highlights

  • 30 minutes from Atlanta City limits
  • Located in an Opportunity Zone - huge tax advantages
  • 56 minutes to Hartsfield-Jackson International
  • Zoned in neighborhood mixed use (NM) location

Property Facts

Price £2,738,575
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 8.64 AC

1 Lot Available

Lot

Price £2,738,575
Price Per AC £316,965
Lot Size 8.64 AC

Description

The subject property in Covington, GA, situated on Washington Street SW, presents a remarkable investment opportunity. This property is located within a Qualified Opportunity Zone, zoned in a neighborhood mixed use (NM) location, and is less than half a mile from Covington's historic town square. This prime real estate offers investors the potential to drive significant investments, job growth, and new business development. Covington's thriving environment is further enhanced by its proximity to the Covington Town Square, bustling with shops, restaurants, and retail options. Renowned as the "Hollywood of the South," Covington boasts over 200 movies and TV productions filmed in its picturesque setting. The property's strategic location, coupled with the tremendous opportunities in Covington's designated zones and its status as a growing hub for entertainment and innovative industries, make it an appealing prospect for forward-thinking investors seeking to shape the town's future. Don't miss out on this extraordinary chance to be part of Covington's dynamic growth story.

zoning

Zoning Code NM
NM
  • Listing ID: 29240627

  • Date on Market: 10/08/2023

  • Last Updated:

  • Address: Washington St SW, Covington, GA 30014

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