Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Free-Standing Warehouse Title is generated by Realmo AI

    46 Hillwood Circle, Newnan, GA 30263

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Standalone warehouse building suited for small industrial storage and light distribution needs.

    Type:Retail, Industrial
    Property size:
    7,130 SF
    Added:
    May 30, 2026
    Days on Market:
    8
    Last Refresh:
    Jun 6 at 5:27 am

    Property Features for 46 Hillwood Circle

    General Information

    Standard status
    Active
    Size
    7,130 SF
    Property subtype
    Retail, Industrial

    Building Details

    Year Built
    1991

    We can help!

    Listing Contact
    Tommy Watkins
    Tommy Watkins

    Listing agent Tommy Watkins License #GA 346016

    Listing office Hailey Realty Company

    Listing date May 30, 2026

    Source Crexi

    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 Hailey Realty Company

    HighLights

    • Free‑standing warehouse building
    • 7,130 SF warehouse space
    • Built in 1991

    Overview

    This free-standing warehouse offers a practical industrial footprint in a straightforward, standalone configuration. The property is presented as a warehouse with approximately 7,130 square feet, making it a manageable option for companies that need dedicated space without shared facilities.

    The asset is located at 46 Hillwood Circle in Newnan, Georgia. As a stand-alone property, it is positioned to serve tenants and owners who prefer direct control of their building rather than operating within a multi-tenant warehouse environment.

    For buyers seeking a warehouse that can support storage or light distribution activities, this facility’s standalone nature and clear warehouse use can simplify planning and day-to-day operations. The size is well-suited for businesses looking for an industrial building sized for practical in-town logistics and dedicated warehousing.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • SecurCare Self Storage — 340 Millard Farmer Industrial Blvd, Newnan, GA 30263
    • Annex Storage Depot — 305 jefferson st, newnan, ga 30263
    • StorMark Self Storage — 305 Jefferson St, Newnan, GA 30263

    Location Insight

    • Map
    • Local Demand
    City
    Newnan
    County
    Coweta
    State
    Georgia
    Longitude
    -84.7871837
    Latitude
    33.3951553

    Nearby Similar for Sale

    • $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
    • $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
    • $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
    • $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
    • $1,400,000
      3,432 SF

      Restaurant Property with Established Business

      Turnkey restaurant with real estate, FF&E, and ongoing business.
      91 Millard Farmer Industrial Boulevard, Newnan, GA 30263
      View Details
    • $4,095,000

      New Construction Chipotle Restaurant

      New construction Chipotle with drive-thru in the Atlanta metropolitan area.
      2909 E Hwy 34, Newnan, GA 30265
      View Details
    • $1,950,000
      8,878 SF

      Healthcare/Senior Housing Facility Available

      Healthcare or senior housing facility with immediate occupancy.
      22 Madras Parkway, Newnan, GA 30263
      View Details
    • $1,200,000
      1,658 SF

      Newnan Commercial Property on Highway

      Commercial/Professional property with high traffic visibility on Highway 34.
      2646 HWY 34 E, Newnan, GA 30265
      View Details
    • $7,500,000

      Chestnut Lane Apartments Opportunity

      Apartment complex in growing Newnan, GA transitioning to market rates.
      82-A Berry Ave, Newnan, GA 30263
      View Details
    • $3,000,000
      23,994 SF

      Historic Coca-Cola Building, Newnan

      Three buildings with ample parking in downtown Newnan, Georgia.
      167 Greenville Street, Newnan, GA 30263
      View Details
    • $3,000,000

      Historic Coca-Cola Building For Sale

      Historic mixed-use property in downtown Newnan, south of Atlanta.
      167 Greenville Street, Newnan, GA 30263
      View Details

    FAQs

    What type of property is this?
    Warehouse - Standalone warehouse building suited for small industrial storage and light distribution needs.
    Where is this warehouse located?
    The property is located at 46 Hillwood Circle Newnan, GA.
    What are key features of this property?
    This property features: Free‑standing warehouse building; 7,130 SF warehouse space; Built in 1991
    (678) 904-6803 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Tommy Watkins
    Tommy Watkins
    Real Estate License ID: GA 346016
    Learn More
    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
    46 Hillwood Circle, Newnan, GA 30263
    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!