Washington St SW - Residential LAND FOR SALE


Covington, GA 30014 376,358 SF
$3,500,000 USD
404-876-1640
Washington St SW, Covington, GA for Sale
$3,500,000 USD
Residential LAND - FOR SALE
1/6
376,358 SF

Washington St SW
Covington, GA 30014


HIGHLIGHTS

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

OVERVIEW

Positioned just 30 minutes east of Atlanta and less than half a mile from Covington’s historic town square, this ±8.64-acre site offers a rare chance to capitalize on one of Georgia’s most dynamic growth corridors. Zoned for Neighborhood Mixed Use (NM), the property is ideally suited for multifamily development and benefits from its location within a federally designated Opportunity Zone, providing substantial tax advantages for investors. The site features dual frontage—354 feet on Washington Street SW and 217.61 feet on Walnut Street—with potential ingress/egress from both, enhancing accessibility and visibility. Covington, known as the “Hollywood of the South,” has hosted over 200 film and television productions, contributing to a vibrant local economy and cultural appeal. The area is supported by major employers including Rivian Automotive, Takeda Pharmaceuticals, and multiple film studios such as Triple Horse and Cinelease-Three Ring, all of which are driving job creation and population growth. Nearby amenities include national retailers like Walmart, Kroger, CVS, and Chick-fil-A, as well as Covington Municipal Airport, which supports regional connectivity. The town square offers a walkable mix of restaurants, boutiques, and entertainment, making this site an ideal location for residential development that caters to both workforce and lifestyle renters. This is a compelling opportunity for developers and investors seeking to participate in Covington’s continued transformation into a regional hub for innovation, entertainment, and community living.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/ACRE

$405,093/AC

PRICE/SF

$9 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Multifamily Development Opportunity

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family

LAND ACRES

8.64 AC

LAND SF

376,358 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

NM

APN/PARCEL ID

C035 0005 018 000,C035 0005 020 B00,C035 0005 022 000,C035 0005 023 000

ASK ABOUT THIS PROPERTY

Perry HayesBull Realty Inc.More Info
404-876-1640

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Perry HayesBull Realty Inc.More Info
404-876-1640

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.