5160 Covington Hwy Decatur, GA 30035
Stone Mountain NeighborhoodEstimated payment $1,475/month
Highlights
- 2.88 Acre Lot
- Partially Wooded Lot
- Grass Covered Lot
- Stream or River on Lot
- Level Lot
About This Lot
Prime OI-Zoned Commercial Lot on Covington Hwy – Decatur, GA
Exceptional Office-Institutional (OI) Zoned Lot – Class C3
Highly visible and easily accessible location on Covington Highway in Decatur. The property is uniquely bordered by a scenic creek on both sides, creating a distinctive and attractive setting.
Perfect for development or long-term investment opportunities.
Buyers are responsible for verifying all permitted uses, zoning regulations, floodplain status, and any applicable restrictions with local authorities.
Listing Agent
Keller Williams Realty Chattahoochee North, LLC License #418443 Listed on: 09/25/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,058
Lot Details
- 2.88 Acre Lot
- Level Lot
- Open Lot
- Partially Wooded Lot
- Grass Covered Lot
- Property is zoned OI
Outdoor Features
- Stream or River on Lot
Schools
- Redan Elementary School
- Mary Mcleod Bethune Middle School
- Redan High School
Listing and Financial Details
- Tax Lot 18
- Assessor Parcel Number 15 162 03 018
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,120 | $70,000 | $70,000 | -- |
| 2023 | $3,120 | $71,240 | $71,240 | $0 |
| 2022 | $3,127 | $71,240 | $71,240 | $0 |
| 2021 | $3,127 | $71,240 | $71,240 | $0 |
| 2020 | $3,127 | $71,240 | $71,240 | $0 |
| 2019 | $3,127 | $71,240 | $71,240 | $0 |
| 2018 | $3,155 | $71,240 | $71,240 | $0 |
| 2017 | $3,141 | $71,240 | $71,240 | $0 |
| 2016 | $3,148 | $71,240 | $71,240 | $0 |
| 2014 | $3,226 | $71,240 | $71,240 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/25/2025 09/25/25 | For Sale | $230,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $175,000 | -- | |
| Deed | $130,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $50,000 | New Conventional | |
| Previous Owner | $75,000 | New Conventional |
Source: First Multiple Listing Service (FMLS)
MLS Number: 7655520
APN: 15-162-03-018
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