2959 Ga-154 Newnan, GA 30265
This 7,409 square foot medical office building in Newnan, Georgia, presents a rare investment opportunity. Located at 2959 GA-154, this single-story, Class C building sits on a 0.75-acre lot and boasts 28 parking spaces. Built in 1996, the property features Old Commercial zoning, allowing for diverse business uses beyond its current medical tenant. Potential exists for leasing to multiple tenants, with the possibility of four separate units. The building enjoys a high-traffic location, situated 2 miles from I-85 on Hwy 154 near Hwy 34, experiencing 58,100 cars daily. The asking price is $1,650,000, translating to $222.70 per square foot. The property is being sold subject to the existing lease. This presents a strong investment opportunity for buyers seeking a versatile commercial property in a prime location with high visibility and potential for increased revenue. Detailed information on current business operations is available upon request.
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.