00 Highway 29 Newnan, GA 30265
- Commercial real estate
- 19.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 00 Highway 29
- Lot size
- 19.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 19.3-acre commercial land parcel presents a remarkable investment opportunity in the thriving Arbor Springs Village Center in Newnan, Georgia. Strategically located near Exit 51 of Interstate 85, this property boasts exceptional visibility and accessibility, with a daily traffic count of 14,700 vehicles. Its proximity to Hartsfield-Jackson International Airport (within 20 minutes) further enhances its appeal. The site's ideal zoning makes it perfectly suited for a variety of uses, including a daycare center, professional office complex, or a dental/medical office building. The surrounding area is experiencing significant growth, with the recent development of a Publix shopping center adding to the already strong retail presence. The property benefits from its location within the trade area encompassing the established Arbor Springs planned community, as well as the desirable Lake Redwine and Serenbe communities. This prime location offers unparalleled potential for substantial returns, making it an exceptional opportunity for developers and investors seeking a high-traffic, high-visibility site in a rapidly expanding market. The property's size and location provide ample space for a large-scale development, catering to the growing needs of the community. This is a rare chance to acquire a significant land holding in a prime location with excellent access to major transportation arteries and a strong residential base. The asking price is $5,307,500.
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
- -84.7518
- Latitude
- 33.4356