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    55 Mayo Royal Industrial Dr Newnan, GA 30263

    Sponsored
    For Lease
    $12 SF/Yr

    4700 sq ft Retail Space, Ideal for Events

    Lot size:
    4,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4,700 square foot retail space in Newnan, Georgia, presents a unique opportunity for a variety of uses, including event space and daycare. Located at 55 Mayo Royal Industrial Dr, 30263, this single-tenant property boasts a flexible, open floor plan perfect for customizing to suit diverse needs. High ceilings, climate control, high-speed Wi-Fi, and high-quality sound and lighting systems are among its modern amenities. Ample on-site parking ensures convenient access for attendees. Its prime location within Newnan's industrial district offers easy access to I-85 and is minutes from downtown Newnan. The property includes on-site restrooms and a designated catering area. This versatile space is ideal for weddings, corporate events, trade shows, banquets, parties, and more. Flexible lease terms are available for both one-time and recurring events, with competitive rental rates dependent on event type and duration. The property's combination of functionality, location, and ambiance makes it an unforgettable venue for any occasion, whether a large gathering or an intimate celebration.

    Property Features for 55 Mayo Royal Industrial Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,700 SF

    Unit(s) available at that property

    Space
    Size
    4,700 SF
    Rate per SF
    $12
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Newnan
    County
    Coweta
    State
    Georgia
    Longitude
    -84.828706173258
    Latitude
    33.39529204897

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    FAQs

    What type of property is this?
    Retail property - 4700 sq ft Retail Space, Ideal for Events
    Where is this retail property located?
    The property is located at 55 Mayo Royal Industrial Dr Newnan, GA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    Request Owner's contact information
    55 Mayo Royal Industrial Dr 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
    55 Mayo Royal Industrial Dr Newnan, GA 30263
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