Rare development opportunity! This exceptional property offers over 4 acres in a prime location just minutes to I-20 and Town Center shopping center in Covington which includes Publix and the construction of the new Super Target Store which will be the largest in Georgia. All public utilities are available and zoning already in place for apartment development. Surrounded by other established multifamily communities, this site is ideally positioned for your next investment project. Listed below appraised value, the property presents outstanding potential for developers, investors, and builders. Also included is a three-bedroom, two-bath home that is a fixer-upper and can either be renovated to provide additional rental income or removed to maximize the property's apartment development potential. Conveniently located just a short drive from the Historic Covington Square, you'll enjoy easy access to charming shops, local restaurants, entertainment, and community events. Whether you're planning a new multifamily development or seeking an investment with multiple possibilities, this rare offering combines location, completed zoning, public utilities, and value in one exceptional package.