Covington Highway Development Opportunity
7247 Covington Hwy
Stonecrest, GA 30058
https://thebrokerlist.com/have/covington-highway-development-opportunity-119365
FOR SALE
Property Type:
Other Land
Last Verified:
Nov 12, 2021
Highlights
- Perfect location for QSR, truck rental, Service station,Tire store, or trailer sales
- 1 Mile from Interstate 20
- Located in DeKalb County
- 18 Miles from Downtown Atlanta
Description
Located on Covington Highway to the right of NAPA Auto Parts, this 3.22 acre parcel is minutes away from Stonecrest Mall and neighbors a brand neighbors single family subdivision. Stonecrest is the largest city by population in DeKalb County and has expected population growth of thirty percent. The traffic count is approximately 27,900 vehicles per day and growing.
3.22 of C-1 zoned land
Lot Size: 3.22 acres
Map of 7247 Covington Hwy, Stonecrest, GA, 30058
What are Real Estate Incentives?
Real Estate incentives range widely and have been overlooked by the
Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
- U.S. Public: Many incentives focus on job creation and Affordable Housing
- Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
- Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
- Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
