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Cell Towers
7719 Covington Hwy, Lithonia, Ga 30058
Site Overview
Site Name7719 Covington Hwy, Lithonia, Ga 30058
Current InfrastructureOther
SiteBid ID ##452148
Published DateNovember 18, 2023
Modified DateMay 20, 2025
Market StatusOff Market
Potential UsesCell Towers
Location
CountyDe Kalb
ZoningC2
SubdivisionMinix Prop
School DistrictDekalb County School District
Flood ZoneX
Property
Lot Size1.71 acres
Building Area7,320 sq ft
Stories1.00
Buildings2.00
Total Units1.00
Commercial Units3.00
Year Built1999
Year Renovated1999
Construction TypeBrick
Building ConditionAverage
Property ClassCommercial
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Infrastructure investors are actively purchasing fee simple real estate, leases, and easements on properties with active utility leases from tier‑1 tenants (AT&T, Verizon, T‑Mobile, etc.). Depending on the lease terms, valuations can range from 16x–20x annual rent for lump‑sum payments and 18x–25x for structured payouts.
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