About This Home

This 4-bedroom, 4-bathroom commercial at 1791 Walnut Avenue in Covington, GA is listed for $800,000. Built in 1964, on a 5.62 acres lot.

Key Features

  • Built in 1964
  • 5.62 acre lot

Property Details

1 story
3 full, 1 half
1964
Listing Description

**PRIME COMMERCIAL DEVELOPMENT OPPORTUNITY | 5.6+/- ACRES | C-1 ZONING | WALTON COUNTY, GA** Exceptional opportunity to acquire approximately 5.6 acres of commercially zoned land at 1791 Walnut Avenue in the growing Walnut Grove area of Walton County, Georgia.

Offered at **$800,000**, this property presents tremendous potential for investors, developers, and business owners looking to establish a presence in an expanding commercial corridor. Strategically located near the intersection of Highway 138 and Highway 81, the property benefits from excellent regional connectivity and nearby traffic counts exceeding 14,000 vehicles per day.

Ongoing residential growth, infrastructure improvements, and increasing demand for neighborhood commercial services contribute to the area's long-term investment appeal. The property features **C-1 Neighborhood Commercial zoning with a WP-2 Watershed Protection Overlay**.

Potential development concepts include neighborhood retail, professional offices, medical or dental offices, service-oriented businesses, and other compatible commercial uses, subject to zoning requirements and municipal approvals. Existing improvements include an approximately 1,722-square-foot single-story residence, a spacious three-bay garage/workshop, and additional storage structures.

These improvements may provide opportunities for adaptive reuse, owner occupancy, or interim utilization while exploring future redevelopment. The expansive site offers open land, mature trees, and established access. Buyers may also explore possible assemblage opportunities with neighboring parcels, subject to availability and separate negotiations.

**INVESTMENT HIGHLIGHTS:** - Approximately 5.6 acres of commercial land - C-1 commercial zoning - Near Highways 138 and 81 - 14,000+ vehicles per day on nearby roadways - Existing residential and workshop improvements - Strong projected population growth in the surrounding trade area - Potential for multiple neighborhood-serving commercial concepts

- Opportunity to secure land in a growing Walton County corridor Whether you're an investor positioning for future appreciation, a developer evaluating a commercial project, or a business owner seeking room to establish and expand operations, this property offers a compelling combination of location, acreage, and flexibility.

Monthly Cost Estimate

$4,279/mo

20% down · 6.5% · 30 years

Principal$579
Interest$3,467
Insurance$233

Estimates only. Actual payments may vary.

Location

1791 Walnut Avenue

Covington, GA 30014

Questions & Answers

This 4-bedroom, 4-bathroom commercial at 1791 Walnut Avenue is listed at $800,000. The estimated monthly payment is $4,278 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1964, 5.62 acre lot.

This property is listed by Imran Ahmad.

IA

Imran Ahmad

Agent at Keller Williams Realty - North Atlanta

Listed by Keller Williams Realty - North Atlanta · Broker phone: (770) 663-7291 · Broker website

MLS# 7862229· Source: First Multiple Listing Service, Inc.· 1 day on PropertySimple

Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1791 Walnut Avenue, Covington, GA 30014

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