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    2521 Ga-16 Newnan, GA 30263

    Sponsored
    For Sale
    $650,000

    0.91-acre corner lot, ideal location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.91-acre commercial and industrial land parcel presents a unique investment opportunity in Newnan, Georgia. Situated on the corner of the Newnan Bypass and Highway 17, this property boasts unparalleled accessibility and visibility. Its strategic location offers convenient proximity to the I-85 Moreland exit, placing it within easy reach of major transportation arteries. Furthermore, its close proximity to the Moreland Mega site and Prologis at Orchard Hills provides significant advantages for businesses seeking synergistic locations. The property is zoned for commercial use and all utilities are readily available, simplifying development and operational planning. The lot size is approximately 0.91 acres, providing ample space for a variety of commercial or industrial projects. The property's address is 2521 GA-16, Newnan, GA 30263, and its APN is 088 2071 013. This corner lot offers exceptional potential for high-impact development, making it an attractive investment for discerning buyers. The asking price for this prime commercial land is $650,000.

    Property Features for 2521 Ga-16

    General Information

    Property type
    Land
    Lot Size
    39,640 SF

    HighLights

    • Approx. one‑acre parcel.
    • Corner lot at Newnan Bypass and Hwy 17 intersection.
    • Excellent access to I‑85 Moreland exit.
    • Proximity to Moreland Mega site and Prologis at Orchard Hills.
    • All utilities available on‑site.
    • Located on a State Highway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Newnan
    County
    Coweta
    State
    Georgia
    Longitude
    -84.774181287138
    Latitude
    33.330477373532

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    FAQs

    What type of property is this?
    Land - 0.91-acre corner lot, ideal location.
    Where is this land located?
    The property is located at 2521 Ga-16 Newnan, GA.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Approx. one-acre parcel.; Corner lot at Newnan Bypass and Hwy 17 intersection.; Excellent access to I-85 Moreland exit.
    Request Owner's contact information
    2521 Ga-16 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
    2521 Ga-16 Newnan, GA 30263
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