3098 Hwy Newnan, GA 30265
- Commercial real estate
- 2.83 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3098 Hwy
- Lot size
- 2.83 lot acres
- Property type
- Commercial real estate
Description
This exceptional 2.83-acre commercial lot presents a prime development opportunity in the thriving Sharpsburg/Thomas Crossroads area of Newnan, Georgia. Located on Highway 154/Sharpsburg McCollum Road, this level, wooded parcel boasts significant frontage and enjoys exceptional visibility due to its proximity to a bustling Publix shopping center anchored by well-known national brands including Chick-fil-A, Truist Bank, Zaxby's, Bank of America, Wendy's, and Waffle House. The property's O&I (Office & Institutional) zoning allows for a diverse range of uses, including medical facilities, assisted living centers, dental practices, and professional offices. Conditional uses may also include hotels, motels, restaurants, daycare centers, and churches, offering considerable flexibility for potential developers. With over 20,000 vehicles passing daily, according to DOT traffic counts, and convenient access to I-85 (just two minutes away), this location offers unparalleled exposure and accessibility. A previous conceptual site plan envisioned the construction of two 7,296 square foot office buildings with 76 parking spaces. Please note that existing structures on the site (an old trailer and block structure) are not considered in the listed price. For an even larger footprint, this property can be purchased in conjunction with an adjacent 1.94-acre lot, providing increased frontage and development space. This is a truly exceptional opportunity for investors and developers seeking a high-visibility location in a rapidly growing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newnan
- County
- Coweta
- State
- Georgia
- Longitude
- -84.6832
- Latitude
- 33.4143