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    Mccollum Sharpsburg Rd Newnan, GA 30265

    For Sale
    $3,133,900

    8 Acres, I-85 Visibility, C6 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 8-acre commercial land parcel presents a significant investment opportunity in Newnan, Georgia. Strategically located off Exit 51 of I-85, this property boasts high visibility on McCollum Sharpsburg Road (Highway 154), ensuring maximum exposure for any commercial development. The property is zoned C6 - Commercial Minor Shopping, allowing for a variety of retail or commercial uses. Situated within a Quality Development Overlay District, this site benefits from planned community enhancements. For even greater development potential, this 8-acre tract (Tract A) is ideally suited for combination with an adjacent 4+ acre parcel (GAMLS 20138903), creating a combined 12+ acre tract. The location offers convenient access to key transportation arteries and is in close proximity to desirable amenities, including the Arbor Springs Golf Community and the Coweta Industrial Park. This property is priced at $3,133,900 and represents a rare chance to acquire prime commercial land in a rapidly growing area of Coweta County. The address is McCollum Sharpsburg Rd, Newnan, GA 30265.

    Property Features for 0 Mccollum Sharpsburg Rd

    General Information

    Property type
    Land
    Lot Size
    348,480 SF

    HighLights

    • $3,133,900 asking price.
    • 8‑acre commercial land parcel.
    • C6 Commercial Minor Shopping zoning.
    • Located in Newnan, GA, on McCollum Sharpsburg Rd (Hwy 154), near I‑85 Exit 51.
    • High visibility location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Newnan
    County
    Coweta
    State
    Georgia
    Longitude
    -84.697373001969
    Latitude
    33.448197822155

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    FAQs

    What type of property is this?
    Land - 8 Acres, I-85 Visibility, C6 Zoning
    Where is this land located?
    The property is located at Mccollum Sharpsburg Rd Newnan, GA.
    What is the asking price?
    The asking price for this property is $3,133,900.
    What are key features of this property?
    This property features: $3,133,900 asking price.; 8-acre commercial land parcel.; C6 Commercial Minor Shopping zoning.
    (770) 487-8300
    Request Owner's contact information
    Mccollum Sharpsburg Rd Newnan, GA 30265
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    Realmo Value Estimation

    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.

    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.

    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
    Mccollum Sharpsburg Rd Newnan, GA 30265
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