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    29N Hwy Newnan, GA 30263

    For Sale
    $499,900

    6.47 Acres, General Commercial Zoning, $499,900

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 6.47-acre parcel of land presents a unique investment opportunity in the thriving Newnan, Georgia market. Located on Highway 29N in Coweta County, this property boasts a General Commercial zoning designation, opening doors to a wide range of development possibilities. The asking price is $499,900. Utilities are readily available, with water and sewer connections already in place. The expansive lot size provides ample space for various commercial ventures, from retail establishments to light industrial uses. The property's strategic location on Hwy 29N ensures high visibility and convenient access for customers and employees. The 2021 property taxes totaled $3,212.39. This versatile land offers significant potential for growth and return on investment. The property is being sold as-is, with possession granted at closing. Serious inquiries are encouraged to explore the full potential of this prime commercial real estate offering. The property's address is Hwy 29N, Newnan, GA 30263. Buyers are responsible for conducting their own due diligence regarding zoning and permitted uses.

    Property Features for 29N Hwy

    General Information

    Property type
    Land
    Lot Size
    281,833 SF

    HighLights

    • $499,900 asking price.
    • Possession at closing.
    • 6.47+/- acres.
    • Water and sewer available.
    • General Commercial zoning.
    • 2021 property taxes: $3,212.39.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Newnan
    County
    Coweta
    State
    Georgia
    Longitude
    -84.8984775
    Latitude
    33.3786293

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    FAQs

    What type of property is this?
    Land - 6.47 Acres, General Commercial Zoning, $499,900
    Where is this land located?
    The property is located at 29N Hwy Newnan, GA.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: $499,900 asking price.; Possession at closing.; 6.47+/- acres.
    (770) 253-6990
    Request Owner's contact information
    29N Hwy 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
    29N Hwy Newnan, GA 30263
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