Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Highway-Front Commercial Land Tract Title is generated by Realmo AI

    10 ACRES Highway 154, Newnan, GA 30265

    View on Map
    Claim this Listing
    For Sale
    $950,000

    COMMERCIAL - Newnan, GA

    Lot size:
    10.02 Acres
    Added:
    Nov 13, 2025
    Days on Market:
    205
    Last Refresh:
    Jun 6 at 4:06 am

    Property Features for 10 ACRES Highway 154

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Property condition
    Under Construction
    Standard status
    Active
    APN
    121 6058 007
    Lot size
    10.02 Acres

    Taxes and HOA fees

    Tax Year
    24
    Tax Annual Amount
    1800

    Building Details

    Year built
    2025
    Building materials
    Brick

    We can help!

    Listing Contact
    Mandy Foles
    Mandy Foles

    Listing agent Mandy Foles

    Listing office Keller Williams Realty Atl. Partners 560 Newnan Crossing Bypass, Suite 200, Newnan, GA

    Listing date Nov 13, 2025

    MLS# 10644550

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

    HighLights

    • 10‑acre undeveloped commercial tract with 630 ft of frontage on Hwy 154 in Newnan, GA 30265
    • Zoned RC; preliminary site plan completed with potential for retail and medical use
    • 2019 DOT traffic counts of 17,400+ and located on the Thomas Crossroads commercial corridor
    • Owner is willing to work with buyer on any needed rezoning (potential for O&I or up to C‑6 commercial)
    • Adjacent area includes professional offices, daycares, medical facilities, and Kroger with a Fuel Center

    Overview

    This is an undeveloped commercial land tract totaling about 10 acres, offered for sale with 630 feet of frontage on Hwy 154. A preliminary site plan has been completed that shows potential for retail and medical use, and the owner is open to working with a buyer on needed rezoning. The property is currently zoned RC.

    The site is positioned along the Thomas Crossroads commercial corridor in Newnan, within Coweta County. Public remarks reference 2019 DOT traffic counts of 17,400+ vehicles and emphasize high-visibility access along Hwy 154. A signalized entrance to Coweta Crossroads Shopping Center is located nearby, where Publix, Truist, Chick-fil-A, Wendy's, Bank of America, Tractor Supply, O'Reilly Auto Parts, and Zaxby's are listed in the remarks.

    For development users, the combination of highway frontage and an existing preliminary layout supports planning for office, medical, retail, or mixed-use concepts consistent with the stated zoning framework. The remarks also note potential paths toward O&I or C-6 commercial zoning, subject to rezoning, which may align with a range of commercial tenant requirements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Newnan
    County
    Coweta
    State
    Georgia
    Longitude
    -84.67215
    Latitude
    33.382449

    Nearby Similar for Sale

    • $950,000
      1,498 SF

      Newnan Commercial Conversion Opportunity

      One-acre lot suitable for medical or professional office redevelopment.
      2618 Highway 34 E, Newnan, GA 30265
      View Details
    • $399,900
      2,290 SF

      Newnan Commercial Building For Sale

      One-story, 2,290 SF commercial building in Newnan, GA.
      14 Farmer Street, Newnan, GA 30263
      View Details
    • $3,600,000
      6,506 SF

      Newnan Commercial Corner Lot

      9.139 acre commercial corner lot in Newnan, Georgia.
      9.139 AC Hwy 34 Bypass @ Hwy 70 (Roscoe Rd), Newnan, GA 30263
      View Details
    • $185,000
      1,580 SF

      Commercial Building Near Downtown Newnan

      Four-sided brick building in high-traffic area near historic downtown.
      119 E Broad Street, Newnan, GA 30263
      View Details
    • $3,000,000

      Newnan Commercial Development Opportunity

      8.23 acre commercial land for development in Newnan, GA.
      201 Bullsboro Drive, Newnan, GA 30263
      View Details
    • $750,000

      Newnan Development Opportunity Near I-85

      6.27 acres near I-85, suitable for commercial development.
      0 Jefferson Street Extension, Newnan, GA 30263
      View Details
    • $1,500,000
      2,146 SF

      Newnan Commercial Land For Sale

      5.96 acres of commercial land with development potential.
      2237 Highway 29 N, Newnan, GA 30263
      View Details
    • $5,900,000
      123,340 SF

      Newnan Multifamily Redevelopment Opportunity

      Multi-family redevelopment opportunity in Newnan, Georgia with industrial potential.
      Henry Bryant Road, Newnan, GA 30263
      View Details
    • $295,000
      3,700 SF

      Versatile Mixed-Use Investment Opportunity

      Mix-Use property with residential and commercial potential in Newnan, GA.
      1265 Highway 16 W, Newnan, GA 30263
      View Details
    • $295,000
      3,700 SF

      Versatile Mixed-Use Investment Opportunity

      Mix-use property with residential and commercial potential in Newnan, GA.
      1265 Highway 16 W, Newnan, GA 30263
      View Details
    • $1,250,000
      3,100 SF

      Newnan Commercial Land For Sale

      5.03 acre commercial land in Newnan, Georgia.
      3193 W. Highway 16, Newnan, GA 30263
      View Details
    • $475,000
      800 SF

      Historic Building in Downtown Newnan

      Charming 1900s building near Newnan's Square with endless potential.
      15 E Broad Street, Newnan, GA 30263
      View Details

    FAQs

    What type of property is this?
    Commercial land - Undeveloped commercial tract with 630 feet of Hwy 154 frontage and preliminary retail and medical site planning.
    Where is this commercial land located?
    The property is located at 10 ACRES Highway 154 Newnan, GA.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: 10‑acre undeveloped commercial tract with 630 ft of frontage on Hwy 154 in Newnan, GA 30265; Zoned RC; preliminary site plan completed with potential for retail and medical use; 2019 DOT traffic counts of 17,400+ and located on the Thomas Crossroads commercial corridor
    (678) 416-2979
    We can help!
    Listing Contact
    Mandy Foles
    Mandy Foles
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    10 ACRES Highway 154, Newnan, GA 30265
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!