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    Witcher Rd Newnan, GA 30263

    For Sale
    $240,000

    15,000 SF Retail Space, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 15,000-square-foot retail property, situated on a 1.51-acre lot at 3424 E. Genesee Ave., offers a unique investment opportunity. Built in 2000, this Class A, single-tenant building boasts a spacious, adaptable layout perfect for a variety of uses. Its prime location at the northeast corner of the intersection of Dixie Highway/E. Genesee Avenue and Hess Avenue ensures high visibility and accessibility. The property features ample parking (67 spaces), a convenient drive-thru, and multiple points of ingress and egress. The building's modern infrastructure and expansive frontage (240 feet) are complemented by strong monument signage. Zoned B-1 Local Business District, this property is ideal for retail, grocery, medical, office, or mixed-use developments. The property's location within a vibrant community ensures consistent foot traffic and customer engagement. Taxes are $0.76 per square foot. The APN is 21 3084 00000, located in Saginaw County. This freestanding building, formerly a drug store, presents a rare chance to establish a thriving business in a high-traffic area. The property is completely vacant.

    Property Features for 0 Witcher Rd

    General Information

    Property type
    Farms
    Lot Size
    619,859 SF

    HighLights

    • 15,000 SF retail building for lease on a 1.51‑acre lot in Saginaw County.
    • Single‑tenant occupancy with ample parking (67 spaces).
    • Located at the high‑traffic intersection of E. Genesee Ave. and Hess Ave., offering excellent visibility and multiple points of ingress/egress.
    • Features a drive‑thru, large monument signage, and flexible B‑1 zoning suitable for various uses.
    • Class A building constructed in 2000 with a 240‑foot frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Newnan
    County
    Coweta
    State
    Georgia
    Longitude
    -84.8399609
    Latitude
    33.4233721

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    FAQs

    What type of property is this?
    Farm - 15,000 SF Retail Space, High Visibility
    Where is this farm located?
    The property is located at Witcher Rd Newnan, GA.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: 15,000 SF retail building for lease on a 1.51-acre lot in Saginaw County.; Single-tenant occupancy with ample parking (67 spaces).; Located at the high-traffic intersection of E. Genesee Ave. and Hess Ave., offering excellent visibility and multiple points of ingress/egress.
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    Witcher Rd Newnan, GA 30263
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    Newnan, GA 30263
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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
    Witcher Rd Newnan, GA 30263
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