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Property profile & analytics
FOR SALE
Office Spaces

2646 Highway 34 E Newnan, GA 30265

1,658 SF 2.09 ac lot Built 1987
Individually Owned Absentee Owner Free & Clear
Property ID
US22-1792386
Property summary
AI-generated overview

This exceptional commercial property, located at 2646 Hwy 34 E in Newnan, Georgia, presents a unique investment opportunity. Boasting 1,658 square feet on a generous 2.08-acre lot, this property benefits from exceptional visibility on Highway 34, a major thoroughfare with a daily traffic count of 34,000 vehicles. Its strategic location is just west of the Coweta Crossroads Complex, a thriving hub anchored by a Publix supermarket and numerous medical and professional buildings, ensuring high foot traffic and brand recognition. The existing structure features a professional office layout, including a welcoming waiting area, a conference room, three individual offices, a convenient kitchen area, and two bathrooms. This versatile space is ideal for a variety of professional uses, allowing for continued operation in its current configuration or complete customization to suit specific business needs. The expansive lot offers significant potential for future expansion or new construction, providing ample room for growth and development. The property's location directly across from a planned gas station and convenience store further enhances its long-term value and appeal. This is a rare opportunity to acquire a high-traffic, well-situated commercial property in a rapidly growing area. The asking price is $1,200,000.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1987
Total area 1,658 SF
Lot 2.09 ac (91,040 SF)
Zoning code R1
APN 109 6027 061
UPID US22-1792386
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
JAMES DOUGLAS MADDEN
JAMES DOUGLAS MADDEN
Zoning & alternative use
R1 · Newnan, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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