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Commercial Land with Existing Improvements
For Sale
$5,000,000

5424 N Highway 29 Newnan, Newnan, GA 30263

Level commercial land with homes, garages, a warehouse, and access from two roads.

Property Size7,336 SF
Price / SF$681.57
Days on Market50

Property Features for 5424 N Highway 29 Newnan

General Information

Standard status Active
Size 7,336 SF

Taxes and HOA fees

Annual Taxes $5,360

Amenities

true
Public Records
Square Feet
Level
Public
22.91
Other
7336

Building Details

Building Size 7,336 SF
Year Built 1963
Listing Agency: RE/MAX SOUTHERN
Listed By: Tammy Dyer · License #421244
Source: Dwaynewalkerrealty
Added: Jul 13 Changed: Aug 30 Last Checked: Aug 30 at 2:47PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX SOUTHERN

Investment Insights

Based on property information with market context.

This 22.91-acre commercial land tract includes a varied set of existing improvements: 3 mobile homes, 1 brick home, 2 garages, and 1 warehouse. The property was built in 1963 and includes approximately 2.5 acres already zoned commercial. Its level configuration provides a substantial land base for continued use of the current improvements or future planning.

Located at 5424 N Highway 29 in Newnan, the property has over 1,200 feet of frontage on Hwy 29 along with additional frontage on Kellytown Road. The dual-road frontage provides direct access and broad exposure from both roadways. The remaining acreage is identified as having commercial potential in the property information.

Key Highlights

  • 22.91 acres of level commercial land
  • Over 1,200 feet of frontage on Hwy 29
  • Additional frontage on Kellytown Road

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Plumbing Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Bakery Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

74
Businesses Nearby

Demographics for 30263, GA

60,467
Population
23,792
Households
2.5
Avg Household Size
38
Median Age
31%
College-Educated
89%
High-School Grad
198.2 sq mi
ZIP Area
305
Density / Sq Mi
$79,752
Median Household Income
$44,508
Median Earnings
$1,332
Median Rent
$278,200
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Level commercial land with homes, garages, a warehouse, and access from two roads.
Where is this commercial land located?
The property is located at 5424 N Highway 29 Newnan Newnan, GA.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 22.91 acres of level commercial land; Over 1,200 feet of frontage on Hwy 29; Additional frontage on Kellytown Road
More about this property
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