Active

Salem Rd

Covington GA 30016

26.13 ac.
Land
Currently for sale - view listing

Overview

PROPERTY OVERVIEW The Norton Commercial Acreage Group is proud to present this +/- 26-acre property in Covington, located just south of the burgeoning I-20 commercial corridor in Newton County. The site is very well situated to service the 500 planned homes immediately behind the subject property. This residential development, coupled with the GDOT improvements planned for Salem Road, make this lot perfect for developing into service-oriented, medical establishments, grocery stores, self-storage or other value retailers. Currently zoned CN (Neighborhood Commercial) & R2 (Residential). Public water and sewer are both located in the adjacent developments. The property has rolling topography and offers access from and road frontage on two roads: +/- 950 feet on Salem Road and +/- 580 feet on Village Glen Drive. Residential development to the east will have access to Salem Road through subject property allowing for even more visibility to commercial development. LOCATION OVERVIEW Located roughly 20 miles east of the 285 Atlanta perimeter, Newton County has experienced phenomenal growth in commercial and residential development, but especially in areas close to I-20. Over the last 3-5 years, the total number of occupied homes within a 3-mile radius has risen 14% and, as everyone knows, ?retail follows rooftops?. Covington is home to one of the most charming downtown business districts with beautifully maintained parks and architecture. Lidl Grocery, Takeda, FaceBook, as well as the new multi-billion dollar Rivian project nearby deliver thousands of jobs to the area. As residential growth continues being stimulated, commercial sites will become more sought after to serve growing population.

Features

26.13 ac. lot size
Land

Property history for Salem Rd

2013
Sold
$60,000
08 Nov 2013 by Donna Harrison

Happy sellers in Covington

87%
87% of sellers in Covington reported that their sale price either exceeded or met their price expectations.

Covington stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Covington over the last 12 months.

Local market activity for land plots in Covington

In the last 12 months, 26 land plots similar to Salem Rd, have been sold.

This represents a 26% increase in land plots sales when compared to the previous 12 months.

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