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.