343 Highway 16 Newnan, GA 30263
This exceptional 3.78-acre commercial lot in Newnan, Georgia, presents a remarkable investment opportunity. Located on a prominent corner at 343 W Hwy 16, this property enjoys unparalleled visibility and accessibility, ensuring high traffic flow. Its strategic positioning at a busy intersection guarantees significant exposure to a large customer base, making it ideal for a variety of commercial uses. The expansive acreage offers ample space for development, accommodating businesses such as convenience stores, small strip malls, or automotive parts retailers. The property's size and location are perfectly suited to capitalize on the needs of both local residents and commuters traveling along Highway 16. This prime location provides an excellent platform for businesses seeking high visibility and convenient access for customers. The potential for significant return on investment is undeniable, making this a truly exceptional opportunity for entrepreneurs and investors alike. The property's versatility allows for a wide range of commercial developments, catering to the diverse needs of the community. This is a rare chance to acquire a substantial commercial lot in a thriving area with excellent growth potential. The high traffic count and strategic location combine to create a compelling proposition for businesses seeking a strong foothold in the Newnan market. Don't miss this chance to secure a piece of prime commercial real estate in a rapidly developing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.