Property profile

51 Pope St Newnan, GA 30263

FOR SALE
Residential land & home lots
Property ID
US22-2322662
Built 2024
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Property summary

AI-generated overview

An exceptional investment opportunity! This prime piece of developed land is fully approved for the construction of 11 townhomes, making it ideal for developers looking to create a modern, residential townhome community perfectly positioned in the growing City of Newnan. Newnan is located approximately 40 miles southwest of Atlanta. //// Key features of the property include: • Zoning and permits: All zoning approvals and building permits are in place, allowing for immediate construction of 11 townhomes. *** • Infrastructure: The site is in process to build with essential infrastructure, including utilities such as water, electricity, and sewer lines, saving you time and upfront costs. *** • Location: Nestled in a highly sought-after neighborhood, this land offers easy access to local amenities, schools, parks, and public transportation, ensuring strong market appeal for future homebuyers. *** • Architectural Plans: Optional, pre-approved architectural plans for contemporary townhomes are available, showcasing designs for 3 to 4-bedrooits with private garages and outdoor living spaces. *** • Builder – The seller as the builder, will help you to build the project if needed. *** This project presents an excellent opportunity for developers to build and sell premium townhomes in a thriving area. Whether you're looking to create a luxury residential community or build high-demand homes, this land is ready for your vision.

Property profile

Verified
Property type Residential land & home lots
Year built 2024
UPID US22-2322662

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

51 Pope St Newnan, GA 30263
Newnan metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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